Changes to payment transactions in Switzerland

The Swiss interbank payment system is being brought into line with international regulations and the new ISO 20022 standard. These changes will affect all Swiss banks.

BCV will be here to help and advise you throughout the transition phase.

Migration du trafic des paiements en Suisse


Switzerland's existing payment system comprises many different standards, procedures, and formats. For example, there are seven different varieties of the Swiss payment slip alone. The aim of the changeover is to create a uniform payment system for all payment types and parties involved, so that transactions are easier and more straightforward.

The changeover will affect account transferspayment slips, account debits, and payment confirmations:

  • Payment messages will be standardized and contain more information.
  • The LSV direct debit system will be improved and combined with an e-billing system.
  • The existing red (BV) and orange (BVR) payment slips will be replaced by a single type of slip containing payment details in the form of a QR code and the IBAN of the account to be credited.



Payment transfers Payment systems between banks and customers will be harmonized with the new PAIN and CAMT formats.

  Find out more

Payment slips QR bills will replace the red and orange payment slips.

  Find out more

Debits The e-billing and LSV direct debit systems will be combined.

  Find out more

 For more information on the changes to payment transactions in Switzerland, visit the payment standards website

Pinpoint your needs

Most people will only have to make one or two small changes to start using the new system, such as using new payment slips and entering information differently when making payments through online banking.

If you or your company transfer payment files, however, the changes will be more far-reaching. You’ll need to update your software and plan ahead to see what other changes you’ll have to make, particularly if you use customized payment software.

If you use an optical scanner, you’ll have to make sure your software works with the new standards.

Run our simulation to find out what steps you need to take to get ready for the changeover.

Run simulation


In Switzerland, the changeover will be completed by mid-2021, using a step-by-step process to ensure the transition is as seamless as possible. At BCV, we have begun gradually moving to the new payment system. 



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Answers to FAQs concerning the changover can be found on the new payment system website.

Useful documents



A table showing the important steps in the changeover process (in French only).

File size : 241.88 KB - Last update : 19 September 2018


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