On its SME Portal, SECO explains the background to the harmonization.
Mr. and Mrs. Swiss also profit from the new payments world
A smooth, reliable processing of payments is of great importance to the functioning of everyday life. The new, modern Swiss payments world is set up to make it even easier for people to make their payments per e-bill, direct debit or credit transfer.
Even if the changeover in the coming years have no major impact on consumers, the following innovations are well worth mentioning.
As of the migration date, customary account numbers will no longer be used, only the 21-digit IBAN, e.g. CH18 3004 3123 0007 8901 2.