1. Migration Payment Traffic Switzerland Standard presentation for banks ‍ December 2015

2. Page Agenda 2  Introduction  Status with regard to credit transfers  Status with regard to payment slips  Status with regard to direct debits  Communication/Contact

3. Introduction

4. Page 4 ‍ The following explanations are intended to support banks while communicating with their customers. They are based on the datasheet available at PaymentStandards.CH. Migration Payment Traffic Switzerland

5. Page The Migration Payment Traffic Switzerland Initiative 5  Who? SIX Interbank Clearing Ltd as the Swiss financial center's decision body with regard to payment traffic.

6. Page The Migration Payment Traffic Switzerland Initiative 6  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.

7. Page The Migration Payment Traffic Switzerland Initiative 7  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.

8. Page The Migration Payment Traffic Switzerland Initiative 8  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

9. Page The Migration Payment Traffic Switzerland Initiative 9  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.

10. Status with regard to payment slips

11. Page Tomorrow: ISO 20022 Customer YInput software of customer Y pain.001 pain.002 camt.052 camt.053 camt.054 Bank X Status with regard to credit transfers Today: DTA & EPO Bank XCustomer YInput software of customer Y Need for adaptation Compulsory use of IBAN from mid 2020 Status report Intraday account statement End-of-day account statement Credit- & debit advice Payment order 11

12. Status with regard to payment slips

13. Page Status with regard to payment slips 13 Today: red, orange Bank XBiller YInput software of customer Y camt.054 Payment credit Need for adaptation Forms inventories Debtors of biller Y Need for communication Tomorrow: inpayment slip with data code Input software of customer Y Bank X Payment order Biller Y

14. Status with regard to direct debits

15. Page Status with regard to direct debits 15 Today: LSV + /BDD/Debit Direct Biller YInput software of customer Y Debtor of biller Y Bank X (E-banking file transfer) Debit authorization (option 2) Debit authorization (option 1) Biller YInput software of customer Y Debtor of biller Y Bank X (E-billing system) Debit authorization Tomorrow: Direct debit/E-bill combined Need for adaptation Direct debit E-bill

16. Communication/Contact

17. www.PaymentStandards.CH The latest information about the migration in Swiss payment traffic