Adoption of Cross Border Payments and Reporting (CBPR+) Hybrid Address  

What’s changing?

As of November 2025, you’ll need to use one of three formats for postal addresses in your payment messages:

1. Fully unstructured:
   This format will be phased out by November 2026. After that, all addresses must use either the structured or hybrid format.
2. Fully structured:
   Requires at least a Town name and Country code in structured fields.
3. Hybrid:
   Combines structured elements (Town name and Country code) with up to two unstructured address lines for flexibility during the transition.

Who is impacted?

These requirements apply to payments sent over the SWIFT network and to payments processed through clearing systems that require hybrid or fully structured addresses, such as SEPA, Switzerland, Fedwire, and CHIPS. Payments that do not follow the new address formats may be rejected or delayed, which could impact your processing timelines.

What you need to do

• Make sure your systems can provide a structured Town name and Country code (ISO 2-letter format) for each party in your payment messages.
• The impacted APIs listed below have no technical changes, but we may reject payments if address information is missing.
• If you don’t have Town name and Country code details for your payees, please reach out to them and collect this information as soon as possible to avoid disruptions.

Impacted APIs