Bank Eskhata has fully completed its transition to the international digital financial messaging standard ISO 20022, preparing all international payment services, internal systems, and communication channels to operate in the new format. According to the bank’s press service, the technological upgrade was seamless for customers — all operations continued normally without interruptions.
Press release issued by the bank says that on November 22, 2025, SWIFT officially finalized its global transition to ISO 20022 — one of the most significant changes in the global payments ecosystem in recent years. The new standard enhances the security, speed, and transparency of cross-border transactions.
Bank Eskhata emphasized that its clients can continue sending international payments in all currencies and to any country — quickly, securely, and without restrictions.
The transition to ISO 20022 marks another step in the bank’s ongoing digital transformation. The new format accelerates international settlements, improves data protection, and creates new opportunities for service development.
The bank notes that its technological infrastructure now fully meets international requirements, making cross-border payments even more convenient, faster, and more reliable.
ISO 20022 is an ISO standard for electronic data interchange between financial institutions. It describes a metadata repository containing descriptions of messages and business processes, and a maintenance process for the repository content. The standard covers financial information transferred between financial institutions that includes payment transactions, securities trading and settlement information, credit and debit card transactions and other financial information.
Established in November 1993, Bank Eskhata, with headquarters in Khujand, has branches in various regions of the country. The bank got operating license in 1994. Bank Eskhata is the third largest bank in Tajikistan and enjoys a dominant position in terms of branch coverage and number of clients in the northern part of the country, second largest and economically active region after capital.
