Glossary · Schemes & Rules

Best-Effort Structuring

Glossary entry · Last reviewed 26 July 2026

Best-Effort Structuring is the primary transitional rule for pre-cutover content processed after 15 November 2026: institutions SHALL extract <TwnNm> and <Ctry> from the original unstructured address where reliably derivable and place residual content in up to two <AdrLine> elements. The CUTOVER2026 keyword is the exception of last resort where extraction fails.

How Best-Effort Structuring works in practice

The rule applies to R-transactions and warehoused payments during the Period 4 stabilisation window (cutover plus a maximum of three months). After the CUTOVER2026 keyword is withdrawn, long-tail R-transactions must be handled with Best-Effort Structuring alone (§40.2).

Source: PMPG Hybrid Postal Address v1.12 §7 / §38 (§3.3-A, p42–43); §40.2; the ioNova Postal Address Specification v2.0 PART XIII, Appendix I Q3.

Sources

Standards & regulatory sources

ioNova reference material

  • ioNova ISO 20022 Postal Address — Requirements and Specifications v2.0, May 2026 — ioNova reference work consolidating the sources above. Request the specification in a demo.

See ioNova ARS in action

The complete ISO 20022 Postal Address — Requirements and Specifications Update 2026 consolidates the CPMI harmonisation requirements, the BIS PIE taskforce report, the PMPG Hybrid Postal Address whitepaper and the EPC address guidance into a single reference.

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