MALDIVES
Currency: Maldivian Rufiaa (MVR)
RTGS: Maldives Real Time Gross Settlement (MRTGS)
Messages format currently in use: SWIFT MT
ISO migration planned? Timeline: Pilot operation and Go-Live to start in February 2022 after a phase of solution customization, installation and progression that is foreseen for a good part of 2021. [1]
- Q1 2021: inception phase
- Q2 – Q4 2021: customization, installation and integration
- Q3 2021 – Q1 2022: training and UAT
Governing body of the migration: Maldives Monetary Authority
Message format: XML ISO20022