Corporate and institutions
Harmonization of payment transactions
ISO 20022 and the QR-bill are the new standards for Swiss payment transactions
Swiss payment transactions have been harmonized with the ISO 20022 standard. The processes are to be further digitalized and simplified by 2020. Get ready for these changes in good time.
By converting to ISO 20022 you have laid the foundations for the QR-bill. It is to be introduced throughout Switzerland from 30 June 2020 as the standard for issuing and paying bills.
What does this mean for me?
Find out more in our information sheet.