The Swiss financial industry's recommendations on data exchange between customers and banks based on the ISO 20022.
The Swiss financial industry has released recommendations on exchanging of data between customers and banks based on the ISO 20022 definitions in the payments and Cash Management areas. A validation platform supports the consistent use of the ISO 20022 messages.
Banks & software providers supporting ISO 20022 in the Migration Payment Traffic Switzerland context
QR code to replace the currently used inpayment slips
The Board of Directors of SIX Interbank Clearing Ltd has decided to revise the inpayment slip with data code planned for mid-2018. In order to take account of the progressing digitalization, market needs and upcoming regulatory requirements, the data content of the planned QR code is being expanded. This should ensure its long-term operational sustainability.