Real-Time, Efficient and Secure
Since 1987, SIX has been processing payments in a highly efficient manner via the Swiss Interbank Clearing (SIC) system – in real-time and around the clock. Monitored and steered by the Swiss National Bank (SNB), SIC is the most important payment system in Switzerland, facilitating transactions between banks worldwide. Efficient, secure and quick for both large-value and retail payments, financial institutions process the majority of their interbank liabilities in Swiss francs via SIC on a global scale.
Take advantage of the many benefits of the SIC payment system. Learn more about how financial institutions can connect to SIC.
Infocenter SICHow You Will Benefit
Gross Payments in Real-Time
SIC processes payments and offers liquidity management in real-time
Always Covered
The SIC payment system only executes transactions if the settlement account is covered with sufficient funds
Security Guaranteed
The interbank security system ensures that messages are transmitted reliably and confidentially
SIC Processes Payments in Real-Time and Offers Liquidity Management
SIC continually processes payments in real-time, allowing participants to submit and receive transactions 24 hours a day. The system verifies the incoming payment orders using electronic signatures and master data checks to monitor whether the system participant is authenticated and authorized to enter data. Where sufficient funds are available, SIC settles the payment irrevocably and finally and debits or credits the participant's settlement account with the corresponding amount. System participants can constantly monitor incoming and outgoing payments in real-time and, by doing so, at any time obtain information about the current status of their settlement account.
Banks connect to the SIC and euroSIC payment systems via Messaging Gateway, SWIFT or the web portal. SASS and Finance IPNet ensure the highest possible level of security for both hardware and software.
Further informationFacts and Figures
Downloads and Services
Transactions per Month
Number of transactions in the last 12 months (in million)
Turnover per Month
Turnover in the last 12 months (in billion CHF)
In detail
Transactions per Year
Number of transactions since 2000
Turnover per Year
Turnover since 2000