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… participants, Payments Canada introduced ISO 20022 to Lynx , our high-value payment system. To date, just over 50 per cent of Lynx transactions are already using the ISO 20022 (Swift MX) …

… partner for the successful implementation and operation of Lynx, Canada’s high-value payment system, a key system underpinning the Canadian economy. The launch of Lynx represented a significant collaborative effort between … that owns and operates Canada’s payment systems, Lynx and the Automated Clearing Settlement System (ACSS) and …

… is used to fill data gaps and provide detailed insights. Lynx transactions are excluded to avoid double counting as … that owns and operates Canada’s payment systems, Lynx and the Automated Clearing Settlement System (ACSS), … and standards that support these systems. In 2023, our Lynx and ACSS systems cleared and settled over $112 trillion …

… The figure below illustrates transactions that will utilize Lynx for interbank transactions when they are denominated in … need to reach Bank C. Both Bank B and C are participants in Lynx. 21 Therefore, Bank A can transact with Bank B, and Bank B can transfer the funds to Bank C via a Lynx payment. This transaction will be completed in Canadian …