SIC processes Swiss franc payments between banks in real time on behalf and under the supervision of the Swiss National Bank.
euroSIC enables banks an efficient and inexpensive access to the euro finance marketplace and the Swiss financial center.
Banks participating in the euroSIC system are able to send and receive SEPA-compliant credit transfers with little effort.
Two scheme rulebooks serve as basis for processing SEPA direct debits in the private & business customer sectors.
Usually, banks participate in the Swiss RTGS systems SIC and euroSIC through proprietary interfaces from software providers or through the SWIFT network.
SASS is a security server software and is used for the SIC and euroSIC payment systems as well as for the SECOM securities settlement system. Finance IPNet is a communications service provided by SIX.
