RTR technical documentation

RTR ISO 20022 Message Specifications

Launching in 2023, the Real-Time Rail (RTR) will support faster payments 24/7/365 that are irrevocable, and use the ISO 20022 financial messaging standard for all transactions. The RTR will also act as a platform for innovation, allowing for the development of new products and services by third-party providers that will give Canadians new and faster ways to pay and transfer money. 

These specifications* will allow RTR participants to prepare their existing applications to leverage the value of the ISO 20022 messaging standard at RTR go-live.

Additional information related to the RTR ISO 20022 messages is available on SWIFT’s MyStandards web platform. Please email ISO20022@payments.ca for supporting information or questions.

*Latest version updated on 22-Apr-2022