In an age of digital transformation, SIX offers secure and convenient payment solutions for a sustainable Swiss financial center.
SIX offers smart, flexible solutions for banks issuing debit cards. Our issuing processing is precisely tailored to cardholders’ needs.
SIX Is the Go-To-Market Partner for ATM and Cash Solutions
SIX offers payments processing services between financial institutions.
SIX contributes to the standardization of the national and international payment traffic.
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.
The Swiss financial industry has released recommendations (Swiss Payment Standards) on exchanging of data between customers and banks based on the ISO 20022 definitions in the payments and Cash Management areas.
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.
Technical and functional specifications of the payment section
with Swiss QR Code and of the receipt
The presentation of traditional accounts numbers in standardized IBAN format simplifies the recording, transmission and processing of payment data.
Since many years, the Swiss financial institutions have been supporting the use of the international standard on credit and debit advices, account statements, payment slips, card products, in direct debit processing or e-banking.
The IBAN inquiry enables individual IBAN calculations of conventional bank account numbers from Switzerland and Liechtenstein.
The electronic tool is most suitable for companies to calculate the IBANs of proprietary Swiss and Liechtenstein bank account numbers.
"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.
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.
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.
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.
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.
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:
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.
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.
The application for the issuing of a Creditor Identifier by SIX Interbank Clearing is to be made by the creditor's institution (ordering party). The creditor's primary domicile and business headquarters must be in Switzerland or Liechtenstein. The ordering party must be located within the SEPA zone.
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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