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Changes to payment transactions in Switzerland

The Swiss interbank payment system is being brought into line with the new ISO 20022 standard.

These changes will make payment transactions smoother and easier by introducing a single, automated data-transfer process across the country.

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

QR bills have replaced red and orange payment slips

In 2022, red and orange payment slips were permanently discontinued in Switzerland and replaced by QR bills.

Want to issue QR bills?

WE CAN HELP

Changes introduced since 2016

The ISO 20022 standard replaced the various proprietary formats used by banks and the post with the PAIN format (for payments) and the CAMT format (for advices and notifications).
The e-billing system evolved into the eBill service.
The Swiss financial sector published recommendations on the implementation of the EBICS standardized communication protocol.

Learn more

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