Payments Academy

MT to MX Migration and CBPR+

D04 Messaging and standards · 7 lessons

Version 1.1 | Last reviewed 2026-11-05

Learner plans an MT to MX migration, explains CBPR+ scope and timelines, and maps MT103, MT202, and MT202COV to pacs.008, pacs.009, and pacs.009 COV equivalents with data gaps noted. Learner demonstrates this skill using realistic banking examples, explaining each step clearly and using correct terminology throughout.

MT to MX migration and CBPR+: how banks run old and new messages side by side, translate between them, and handle truncation.

What You Can Do After This Chapter

Learning objective. Learner plans an MT to MX migration, explains CBPR+ scope and timelines, and maps MT103, MT202, and MT202COV to pacs.008, pacs.009, and pacs.009 COV equivalents with data gaps noted. Learner demonstrates this skill using realistic banking examples, explaining each step clearly and using correct terminology throughout.

Practical assessment. Learner builds a migration plan for a bank still sending MT103 and MT202, covering scope, message mapping, coexistence rules, testing, and cutover. Learner maps ten MT fields to pacs equivalents, flags three fields with no direct equivalent, and writes a coexistence note explaining how the bank handles inbound MT and outbound MX during transition. Learner submits the work with all calculations, sources, and assumptions stated clearly, and checks the result against the chapter checklist before final submission.

Expected deliverables.

Completion criterion. Learner maps at least eight fields correctly, flags genuine data gaps, and produces a phased plan that covers testing, coexistence, and cutover. Completion is judged on accuracy, completeness, and clear reasoning throughout the submitted work.

In this chapter
  1. Why migration was needed, and how coexistence ended
  2. Translation rules, how MT becomes MX and back
  3. Mapping types, direct, split, derived and needs care
  4. Truncation risk, the silent data loss
  5. What banks must do, readiness and testing
  6. CBPR Plus usage guidelines and scheme rules
  7. Post-migration checklist for a BA: what to verify now that MT103 and MT202 are gone for cross-border payments

Start Lesson 1: Why migration was needed, and how coexistence ended →