Character set - UTF-8

There might emerge problems if different character set than UTF-8 is used with ISO 20022 based payments. UTF-8 is recommended but also other character sets can be possible with some banks. If there are any "non-sensible" problems check the character set first. ISO 20022 has decided to restrict character set usage to only UTF-8 on the fact that it is the most efficient (length-wise) way to transport characters http://www.iso20022.org/FAQ.page

Read more about character sets from wikipedia: http://en.wikipedia.org/wiki/Unicode