page migration payment traffic switzerland "standard presentation for banks" the following...
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Migration Payment Traffic Switzerland
"Standard presentation for banks"
The following explanations are intended to support banks while communicating with their customers. They are based on the datasheet available at migration-pt.ch. Status: May 2015
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Agenda
Introduction
Status with regard to credit transfers
Status with regard to payment slips
Status with regard to direct debits
Communication/Contact
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Agenda
Introduction
Status with regard to credit transfers
Status with regard to payment slips
Status with regard to direct debits
Communication/Contact
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The Migration Payment Traffic Switzerland initiative
Who?
SIX Interbank Clearing Ltd as the Swiss financial center's decision body with
regard to payment traffic
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The Migration Payment Traffic Switzerland initiative
What?
The diversity of schemes, standards & formats for credit transfers, payment slips
& direct debits is being harmonized – as much as the processing of interbank
payments & of payments between banks and their customers is concerned.
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The Migration Payment Traffic Switzerland initiative
How?
Interconnected with the Swiss banks & software providers, various working
groups of the financial center are aiming to implement the initiative in order to
reduce & standardize the numbers of payments instruments for an even more
effective, efficient & flexible payments processing.
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The Migration Payment Traffic Switzerland initiative
When?
In 2012, the decision was taken to stop supporting the current schemes,
standards & formats for• credit transfers as of the 2nd quarter 2018 • payment slips as of 1 July 2020
The new schemes, standards & formats are to be introduced for:• credit transfers as of 16 April 2015 • payment slips as of 1 July 2018• direct debits as of 2016
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The Migration Payment Traffic Switzerland initiative
Why?
The initiative was triggered by the creation of the Single Euro Payments Area
(SEPA), which currently consists of 34 European countries – including
Switzerland. In SEPA, the former various national schemes, standards & formats
were replaced by a unified set of instruments for the euro payment traffic.
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Agenda
Introduction
Status with regard to credit transfers
Status with regard to payment slips
Status with regard to direct debits
Communication/Contact
![Page 10: Page Migration Payment Traffic Switzerland "Standard presentation for banks" The following explanations are intended to support banks while communicating](https://reader036.vdocuments.us/reader036/viewer/2022062515/56649cf05503460f949c01c2/html5/thumbnails/10.jpg)
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Status with regard to credit transfers
Today: DTA & EPO
Bank xCustomer y Input software of customer y
Need for adaptation Compulsory use of IBAN
till 2020
Tomorrow: ISO 20022
Input software of customer y
pain.001
pain.002camt.052camt.053camt.054
Bank xCustomer y
Notification of processingAccount status reportAccount statementCredit & debit advice
Payment order
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Agenda
Introduction
Status with regard to credit transfers
Status with regard to payment slips
Status with regard to direct debits
Communication/Contact
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Status with regard to payment slips
Today: red, orange, IPI
Bank xBiller y Input software of customer y
camt.054Payment credit
Need for adaptation
Tomorrow: inpayment slip with data code
Input software of customer y
Bank x
Payment order
Biller y
Forms inventories
Debtors of biller y
Need for communication
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Agenda
Introduction
Status with regard to credit transfers
Status with regard to payment slips
Status with regard to direct debits
Communication/Contact
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Status with regard to direct debits
Today: LSV+/BDD/Debit DirectBiller y Input software
of customer y
Debtor of biller y
Bank x(E-banking,file transfer)
Debit authorization (option 2)
Debit authorization (option 1)
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Direct debit
Status with regard to direct debits
Bank x(E-billing system)
Biller y Input software of customer y
Debtor of biller y
Tomorrow: Direct debit/ e-bill combinedE-bill
Debit authorization
Need for adaptation
Biller y Input software of customer y
Debtor of biller y
PostFinance(E-Finance,file transfer)
Tomorrow: SEPA-compliant direct debit scheme
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Agenda
Introduction
Status with regard to credit transfers
Status with regard to payment slips
Status with regard to direct debits
Communication/Contact
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www.migration-pt.ch
Communication/Contact