Standardization

Standardization

SIX contributes to the standardization of the national and international payment traffic.

Overview

Standardization

SIX Interbank Clearing is involved in several committees focused on questions of standardization concerning the national and international payment traffic. It thus contributes to Swiss banks being able to set up products and services in a timely fashion and to do so on solid and market-driven platforms while facilitating the smooth operation of payments.

QR-bill

The new QR-bill, which has been successively replacing all current Swiss payment slips since June 2020, shows a QR code with Swiss cross as the identifying feature. This Swiss QR Code contains in digital form all the information necessary for payment.

  • Swiss Implementation Guidelines QR-bill

    Technical and functional specifications of the payment section with Swiss QR Code and of the receipt

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IBAN

IBAN is the international standard for the presentation of an account number. It was created the ISO (International Organization for Standardization) and the ECBS (European Committee for Banking Standards) in order to rationalize cross-border payments.

The presentation of traditional accounts numbers in standardized IBAN format simplifies the recording, transmission and processing of payment data.

EBICS

"Electronic Banking Internet Communication Standard" (EBICS) is a standardized, freely available Internet-based communication protocol for the secure transmission of files. In addition to its use for data transmission between corporate customers and financial institutions, EBICS is increasingly being used in the interbank area, by financial service providers and service bureaus. In addition to its widespread use in payments (payment orders, account statements, etc.), EBICS is also increasingly being used for securities and for the transmission of documents (pdf) and master data.

Recommendations on implementing Version 2.x

The present EBICS standard recommendations for the Swiss financial center have been supported by Swiss financial institutions since 2016. Its use by the institutions in Switzerland is voluntary.  

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Recommendations on implementing Version 3.0

The recommendations for EBICS Version 3.0 will be supported by Swiss financial institutions from November 2021. The availability of this version for the migration of earlier EBICS versions (2.x) must be coordinated with the individual financial institutions.

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NASO

In assignment by the Swiss financial center, SIX Interbank Clearing as the National Adherence Support Organisation (NASO) of Switzerland is supporting the Swiss financial institutions with the administrative issues and facilitating the registration process.

Participation in the SEPA Credit Transfer Scheme

Financial institutions must submit the following forms in Word format, duly signed and dated, to SIX Interbank Clearing. Once they have been checked, SIX Interbank Clearing forwards the documents to the EPC (European Payments Council), which confirms their receipt in writing to the financial institution. The EPC also directly informs the financial institution of the approval decision.

Form 1:

Form 2:

Form 3:

Participation in the SEPA Instant Credit Transfer

Financial institutions that intend to participate in the SEPA Instant Credit Transfer Scheme must submit the following forms in Word format duly signed to SIX Interbank Clearing:

Form 1

Form 2

Form 3

After formal checks of the documents supplied, SIX Interbank Clearing will forward the necessary documents to the EPC. The EPC will acknowledge their receipt and notify, in writing, the individual financial institution whether the application is approved or refused.

Participation in SEPA Direct Debit

Financial institutions that intend to participate in the SEPA Direct Debit Schemes must submit the following forms in Word format filled in, printed in color, and duly signed to the National Adherence Support Organisation CH/LI, c/o SIX Interbank Clearing Ltd, Operations Center, P.O. Box, CH-8021 Zurich:

After formal checks of the documents supplied, SIX Interbank Clearing will forward the necessary documents to the EPC. The EPC will acknowledge their receipt and notify, in writing the individual financial institution whether the application is approved or refused.


Identification Number SEPA Direct Debit

Structure of the Creditor Identifier

  • Part a: Positions 1 and 2: The ISO national code for Switzerland (CH), Liechtenstein (LI). 
  • Part b: Positions 3 and 4: Two-digit check digits (modulo 97-10) pertaining to parts a and d (part c is not considered). 
  • Part c: Positions 5 to 7: Three-digit Creditor Business Code that can be freely determined by the creditor for the identification of a business field within the same company. If no Creditor Business Code is used, then “ZZZ” is used as a placeholder. 
  • Part d: Positions 8 to 18: Eleven-digit numerical national Creditor Identifier, which unambiguously identifies the creditor within Switzerland and Liechtenstein. It is numbered progressively beginning with 1 and filled in with leading zeroes.

Application & Issuing

Applications for the issuing of a Creditor Identifier can be made exclusively online through financial institutions. Creditors must therefore apply for their Creditor Identifier through a financial institution. The creditor's primary domicile and business headquarters must be in Switzerland or Liechtenstein.

Basically, the same Creditor Identifier may be used at the same time for both the SEPA Core Direct Debit Scheme and the SEPA B2B Direct Debit Scheme. Only one Creditor Identifier will be issued per creditor (company name and address), which will ordinarily contain the “ZZZ” Creditor Business Code (part c). The Creditor Business Code gives the creditor the option of indicating different business fields within their company.

No authorization to collect direct debits in the SEPA Direct Debit Scheme is granted through the issuing of a Creditor Identifier. Such authorization can only be granted by the financial institution that holds the applicant's account.

Should changes arise regarding information pertaining to the creditor (e.g. change of name, change of legal form, etc.), no new Creditor Identifier is to be applied for. The same also goes for address changes (e.g. street) and for bank account switching. The creditor must demonstrate, however, at the request of its financial institution that his identity remains the same notwithstanding any such changes.

If a company in entirety is transferred to a new legal entity, the Creditor Identifier of the company being taken over is to be used. The Creditor’s former Creditor Identifier is to be returned to its financial institution for deletion.

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