Frequently asked questions

When are the conventional standards, schemes & formats being replaced in Swiss payment traffic?

Why is a harmonization to the ISO 20022 payment standard necessary?

Why is the present migration date appropriate?

What are the greatest challenges regarding the migration?

Is Swiss payment traffic losing its independence and uniqueness with the harmonization initiative?

How will Swiss private and corporate customers profit from the harmonization of Swiss payments?

What are the advantages for the market participants?

How are decisions being made regarding the migration initiative in the Swiss financial center? When will all relevant framework conditions be known?

What would be the consequences for the Swiss financial center if the migration did not take place or was delayed?

Many customers use software for their accounting. How will the software manufacturers be involved in the migration?