Efficient
Our transaction systems are among the fastest and most efficient in the world.
International Payments
Our recognised competence in payment transactions is based on four factors: fast systems, efficient handling, worldwide networking and ISO 20022 compliance for reliable payments.
Benefits for you
Our Services
- National clearing SIC (CHF/EUR).
- International clearing based on ISO 20022.
- Physical means of payment (including precious metals).
Overview
- First-class quality, assured by ISO-certified handling (ISO 9001/9004).
- No interface problems: you get everything from a single source, including supplementary products such as foreign currency and money market trading.
- Cost savings thanks to cost-efficient solutions such as SWIFT FileAct.
- Favourable individual pricing for high transaction volumes.
- Guaranteed continuity and client proximity.
ISO 20022 migration in correspondent banking
Summary
Summary
- We will support you in managing the major transformation in the payments industry from March 2023 onwards.
- We will be ready to receive ISO 20022 messages like pacs.008,009,004,002 or camt.053,052,054.
- We will be ready to send ISO 20022 messages like pacs.008,009,004 and camt.053.
- To guarantee best flexibility, we still send MT9xx messages until the counterparty gets in touch with us.
Timeline
Timeline
| Service | New MX Messages | Institutions to Zürcher Kantonalbank | Zürcher Kantonalbank to Institutions |
|---|---|---|---|
| Payments | pacs.008/009/009 COV/009 ADV/004/002 | From March 2023 | From March 2023 |
| Reporting | camt.052/053/054 | From March 2023 | From March 2023* |
| Investigation | camt.056/camt.029 | From March 2023 | GPI Stop and Recall* |
| Notification | camt.057 | From March 2023 | From March 2023 |
| General Investigation | Multiple message formats |
Tbd |
Tbd |
* bilateral agreement mandatory