Info Hub – Discontinuation euroSIC

After a thorough analysis, the Board of Directors of SIX Interbank Clearing Ltd ("SIC Ltd") has decided to discontinue the euroSIC system ("euroSIC"). Discontinuation date and last clearing day is Friday, 31 December 2027. All the functionalities of euroSIC will be provided in accordance with the contract until the discontinuation.

On the project page "Discontinuation euroSIC" in the extranet of SIC Ltd, euroSIC participants continuously receive all relevant information to ensure a smooth and well-organized offboarding process.

This Info Hub serves as an additional information platform, providing contact details and, where applicable, links to further information regarding third-party systems and payment specifics.

Note: SIC Ltd is liable neither for the completeness, accuracy, currentness, and continuous availability of the information given (including hyperlinks and contact details), nor for any loss incurred as a result of action taken or omitted on the basis of information provided on this website.

Any Questions?
Get in Touch

EUR payments with QR reference (QR-bills and eBill)

On behalf of the Board of Directors of SIX Interbank Clearing Ltd, the responsible committees have jointly developed a proposed solution, which will be submitted for market consultation in mid-November 2025. The publication of the new Swiss Implementation Guidelines for the QR-bill Version 2.4, which take into account the discontinuation of euroSIC, is planned for mid-February 2026 and will be introduced no earlier than the following November. This new guidelines will also be supported by eBill.

Contact: support.billing-payments@six-group.com

LSV+/BDD in EUR

With the discontinuation of euroSIC, the current solution and the associated set of rules for the processing of direct debits via LSV+/BDD in euro will cease to exist at the end of 2027. In order to ensure the processing of downstream processes, in particular return debits in euro, SIX BBS Ltd has decided as follows: 

  • The last possible date for the submission and approval of direct debit requests (LSV+/BDD) in EUR is 30 August 2027 (taking into account the defined cut-off times). After this time, submissions and approvals are rejected with an error message.  
  • The last possible requested processing date for direct debit requests (LSV+/BDD) in EUR is 31 August 2027. The prerequisite for processing direct debit requests with the desired value date of 31 August 2027 is their timely submission and approval by 30 August 2027 at the latest (taking into account the cut-off times). 

euroSIC participants can find detailed information on the discontinuation of the direct debit procedures LSV+/BDD in EUR in the circular BILL B12/2025 in the Billing Member Section (password-protected).

Contact: partner-management.bbs@six-group.com

Third-party systems

All third-party systems are currently in the process of identifying suitable solutions. Initial communications to their clients are planned for Q1 2026. For more detailed information, please contact the respective third-party system directly.