Unstructured addresses are phased out in cross-border payments and the deadline is November 14th 2026.
Structured address data enables straight-through processing, compliance screening and transparency across the entire payments chain.
The homework for financial institutions, corporates and market infrastructures is to make sure they achieve readiness by this date to avoid disruption.
Allevo FinTP is here to accommodate this change.
Be ready by November 14th!