This topic describes the information about Regulatory Changes for Cross-Border Payments – MT to MX Migration Enhancements workflow.

This section provides guidance for retail users about the enhancements introduced as part of the MT to MX migration for cross-border payments in Oracle Banking Digital Experience (OBDX). The focus is on improved flexibility, address format support, structured remittance capabilities, and compliance with ISO20022 standards.

• Address Types Enhancement
  This topic describes the information about Address Types Enhancement workflow.
• Remittance Information Enhancement
  This topic describes the information about Remittance Information Enhancement workflow.
• Extended Character Set Enhancement
  This topic describes the information about Extended Character Set Enhancement workflow.
• Verification of Payee Enhancement
  This section provides detailed instructions for configuring the bank's payee verification feature.
• Purpose of Payment
  This topic describes the information about Purpose of Payment workflow.