WG 20022 Payments CH

This working group establishes the recommendations (Swiss Payment Standards) for the implementation of the ISO 20022 standard for payment initiation (credit transfers, direct debits) and cash management. This also includes, to a reasonable extent, the harmonization of payments processing in the Swiss financial center. The Swiss Payment Standards supported by all Swiss financial institutions are based on documents from the ISO and EPC (European Payments Council), and are reflected in the "Swiss Business Rules" and "Swiss Implementation Guidelines" rulebooks. Coordinatied Swiss XLM schemas and examples of XML messages are also published.