XML

XML, for eXtensible Markup Language, is a computer language used to structure and hierarchize data using tags, to facilitate the exchange of information over the Internet. It is notably used in ISO 20022 formats.

Understanding the structure of an ISO 20022 XML file

Related definitions

ISO 20022

International standard used for the exchange of financial data (payments, direct debits) between companies and banks, or between financial institutions.

PSD2

PSD2 is a directive introduced by the European Parliament to harmonize payment regulations within the European Union.

SEPA

SEPA is the Single Euro Payment Area set up by European institutions in 2002 to simplify and harmonize payment procedures

CSV

CSV is a file format that can be created or modified in Excel. Rather than…

SEPA zone

The SEPA comprises 36 member countries: the 28 countries of the European Union, the 5 European micro-states, …

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XML