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SIX INTERBANK CLEARING NEWS

20.11.2008
DekaBank, the German Savings Bank Finance Group's central asset manager and Anglo Irish Bank, Ireland’s third largest bank are joining the payment system SIC to process interbank transactions in Swiss francs at the beginning of December.

07.11.2008
New all-time monthly records for the Swiss interbank payment systems in euros and francs: the euroSIC system processed around 390,000 transactions totaling roughly 180 billion euros. The SIC settled a record volume of 5.6 trillion Swiss francs.

31.10.2008
Nykredit, the biggest Danish mortgage bank will be joining both Swiss interbank payment systems SIC for francs and euroSIC for euros on 3 November.

01.10.2008
The following two foreign financial institutions joined SIC, the Swiss franc interbank payment system, on October 1, 2008: the European Investment Bank in Luxemburg and the Nordea Bank Danmark A/S.

01.09.2008
"Swiss Interbank Clearing" is now "SIX Interbank Clearing": Since August 21, 2008, the new umbrella name, SIX, is being used by SWX, SIS and Telekurs, which have merged into a single financial center holding company. SIX stands for Swiss Infrastructure & EXchange. The new brand mirrors the strengths of the company as a whole while building upon the expertise of the existing companies. The new brand architecture expresses both these aspects in an excellent manner. Swiss Interbank Clearing, for example, has embodied proven qualities, such as reliability, quality and commitment to the Swiss financial center for over 20 years. SIX Interbank Clearing will also stand for these qualities in the future and bring them to the joint enterprise.

21.08.2008
Swiss Financial Market Services Ltd media release: Swiss financial market infrastructure provider announces gratifying six-month results and new brand SIX Group – Price reductions for securities trading and related services

11.08.2008
New monthly peak in July 2008: The Swiss interbank payment system for euros, euroSIC, processed around 353,000 euro payments having thus broken the previous record of 315,000 transactions in October 2007

11.08.2008
IBAN tool (Java and Windows) and the installation guide are updated

04.08.2008
WGZ Bank, a German cooperative central bank will be participating in the Swiss interbank payment system for francs, SIC, from 11 August 2008.

03.07.2008
High June growth rates of Swiss SEPA payments: More than 40% transactions and 26% euro volumes were processed between Switzerland/Liechtenstein and the other 29 countries of the Single Euro Payments Area (SEPA).

24.06.2008
Raiffeisenbank Vorarlberg to be the twelfth Austrian financial institution participating in the Swiss interbank payment system for francs, SIC. The following banks are also going to become SIC-participants as of the beginning of July: the Winterthur branch of AXA Bank Belgium, Crédit Agricole Financements (Suisse) SA and Bank Zweiplus. The latter two will participate in the euro payment system, euroSIC.

30.05.2008
Danske Bank A/S to be the first Danish financial institution to participate in the Swiss franc interbank payment system. The bank will join the SIC system on June 2, 2008.

27.05.2008
June edition of ClearIT: The Swiss professional journal for payment traffic is featuring an interview with Michael Lauber, Director of Liechtenstein Bankers’ Association. He explains how and why the Principality’s membership in two separate integrated economic areas affects its SEPA participation. This issue also takes stock of the SEPA Credit Transfer Scheme after the first one hundred days and includes articles on e-invoicing, TARGET2-Securities, Continuous Linked Settlements and on the introduction of contactless payments in Switzerland.

26.05.2008
Four more banks to become Swiss interbank payment systems participants as of 2nd June: ING Bank N.V. is going to be the third Dutch financial institution to join the Swiss franc payment system SIC. Thus, SIC encompasses 62 direct participants in total from outside of Switzerland. The Geneva NBK Banque Privée (Suisse) S.A. and Kaupthing Bank Luxembourg S.A. will connect to both, to SIC and to the euro payment system, euroSIC. With Bordier & Cie a further Geneva bank will join euroSIC.

14.05.2008
Check digit calculator for IBAN plausibility updated with the new country Israel

08.05.2008
New all-time monthly records for the Swiss interbank payment systems in euros and francs: the euroSIC system processed more than 330,000 transactions totaling roughly 130 billion euros. The SIC settled a record volume of 5.4 trillion Swiss francs – which is more than ten times the yearly gross national product of Switzerland

06.05.2008
Accelerated growth of euro payment traffic between Switzerland/Liechtenstein and the other 29 countries of the Single Euro Payments Area (SEPA): Presently, 46 Swiss or Liechtenstein banks process euro transactions via the SEPA-compatible interbank payment system, euroSIC. April figures show a massive 38% growth to 23,000 transactions

06.05.2008
Swiss Financial Market Services media release: Excellent 2007 results for SWX Group, SIS Group and Telekurs Group

28.03.2008
Four more banks will participate in the Swiss interbank payment systems as of 1 April: Bank SYZ & CO AG and Spar- und Leihkasse Bucheggberg will become direct participants in the RTGS system for euro payments euroSIC, Morgan Stanley SA in the Swiss francs payment system SIC, and FIBI Bank Switzerland Ltd. in both, SIC and euroSIC

25.03.2008
Update of the Guided Tour, an animated interactive online presentation of the Swiss payment traffic world

06.03.2008
Monthly turnover record for the direct debit procedures LSV+/BDD: Payments valued at CHF 7 billion were processed this February

28.01.2008
Media release on SEPA: Standardized euro transfers throughout Europe

10.01.2008
Transaction record for SIC in December 2007

03.01.2008
New daily record high: On 28.12.2007, the SIC system processed more than 4,160,000 Swiss franc payments having thus broken the previous record of about 3.88 million transactions on 30.11.2007

30.12.2007
Birth of Swiss Financial Market Services AG: SWX Group, SIS Group and Telekurs Group complete merger effective 1.1.2008

24.12.2007
63 financial institutions from Switzerland and 3 from Liechtenstein are ready for the introduction of SEPA

24.12.2007
Frequently asked questions (FAQ) on the SEPA Credit Transfer Scheme from the point of view of the financial institutions in Switzerland

03.12.2007
Jyske Bank (Schweiz) and Barclays Bank (Suisse) SA joined the Swiss interbank payment system euroSIC for their euro payments processing, thus increasing the number of participating financial institutions to a record high of 166.

30.11.2007
New daily record high: Today, the SIC system processed more than 3,880,000 Swiss franc payments having thus broken the previous record of about 3.84 million transactions on 29.12.2006

20.11.2007
Prices for SEPA payments via euroSIC: As a joint venture of the Swiss financial center, Swiss Interbank Clearing offers financial institutions a very attractive price model for payments that qualify for the SEPA credit transfer procedure. The model includes various price levels. The more payments an institution processes through euroSIC, the less expensive the price becomes

19.11.2007
euroSIC through TARGET2: The European Central Bank’s new TARGET2 single shared platform began operation on November 19, 2007. In addition to the central banks of Latvia, Lithuania, Luxemburg, Malta, Austria, Slovenia and Cyprus, the Deutsche Bundesbank has also established a connection to the new common platform and on this date discontinued RTGSplus, its real-time gross settlement system. The Swiss RTGS system, euroSIC, which until now has processed euro payments from Switzerland in the euro payment zone and vice versa, now offers access to 22 EU countries through the TARGET2 Bundesbank scheme (TARGET2-BBk)

08.11.2007
UBS is the first Swiss financial institution to confirm its participation in SEPA: Switzerland’s largest bank has signed the adherence agreement for participation in the Single Euro Payments Area (SEPA) and sent it to Swiss Interbank Clearing, the Swiss NASO (National Adherence Support Organisation) for forwarding to the European Payments Council (EPC). This means that UBS will be able to process SEPA-compatible euro payments for its customers on time for the SEPA start on January 28, 2008

07.11.2007
New monthly peak: the Swiss interbank payment system for euros, euroSIC, processed more than 315,000 euro payments having thus broken the previous record of about 309,000 transactions in July 2007

30.10.2007
Start of the registration of financial institutions from Switzerland and Liechtenstein for the SEPA Credit Transfer Scheme

22.10.2007
Five more financial institutions will participate in the Swiss interbank payment systems for francs (SIC) and euro (euroSIC) as of November 2007: Banca Intermobiliare di Investimenti e Gestioni (Suisse) S.A. and the Genevan ACH Securities S.A. will be SIC system participants; Alternative Bank ABS, ABN AMRO Bank (Switzerland) and the Zurich branch of the Dutch ABN AMRO Bank N.V. will become euroSIC participants

02.10.2007
Switzerland's participation in the Single Euro Payments Area (SEPA) is approved by the EPC

12.09.2007
Joint media release by SWX Group, SIS Group and Telekurs Group
Unanimous approval of merger of SWX Group, SIS Group and Telekurs Group

08.08.2007
New all-time monthly record for euroSIC: the Swiss interbank payment system for euros processed more than 309,000 transactions in July 2007

24.07.2007
The NBAD Private Bank (Suisse) SA is participating in SIC, the Swiss real-time gross settlement system for francs

04.07.2007
Media release: As of July 1, 2007, Martin Frick has taken over management of Swiss Interbank Clearing from André Bamat

02.07.2007
Swissfirst Bank (Liechtenstein) AG will process euro payments through the Swiss interbank payment system euroSIC as of today

19.06.2007
Starting now, Swiss Interbank Clearing's Web site offers comprehensive information on the topic of "SEPA and Switzerland". In addition to general information, it contains the requirements for the SEPA credit transfer procedure that have been specified to date, as well as sample payments. Important links, including those to the rulebooks, are also available

15.06.2007
Media release: SIC has been for 20 years the backbone of Switzerland’s payment traffic

22.05.2007
Liechtensteinische Landesbank (Schweiz) AG joined the Swiss interbank payment systems SIC and euroSIC. Timber Hill (Europe) AG and Swissfirst Bank (Liechtenstein) AG will process their Swiss franc payment traffic through the SIC system as of June 1, 2007

15.05.2007
Media release: SWX Group, SIS Group and Telekurs Group intend to merge

07.05.2007
New all-time monthly record for euroSIC: the Swiss interbank payment system for euros processed transactions totalling roughly 100 billion euros in April 2007

02.05.2007
Good business year for Swiss Interbank Clearing: excerpt from the Annual Report 2006 of the Telekurs Group at a glance

26.04.2007
Media release on the annual financial statements for 2006

24.04.2007
Check digit calculator for IBAN plausibility updated with the new countries Montenegro and Serbia

20.04.2007
Bearbull Degroof Banque Privée SA and Israel Discount Bank (Switzerland) SA will participate in the Swiss interbank payment systems SIC and euroSIC as from May 2, 2007. VZ Depositary Bank Ltd and the Austrian financial institution Hypo Tirol Bank will process its Swiss franc payment traffic through the SIC system

11.04.2007
New all-time monthly record for the Swiss interbank payment system SIC: the system processed more than 4,944 billion Swiss francs last March exceeding the previous record set in March 2006 by 577 billion. euroSIC also hit record highs: the Swiss payment system for euros processed over 297,000 transactions totalling roughly 98 billion euros

05.04.2007
IBAN inquiry for individual calculations is now online

26.03.2007
Investec Bank (Switzerland) AG, Synthesis Bank and Banque Privée BCP (Suisse) SA will participate in the Swiss interbank payment systems SIC and euroSIC as from April 2, 2007. American Express Bank GmbH becomes the second German euroSIC system participant, and UniCredit (Suisse) Bank SA will process its Swiss franc payment traffic through the SIC system

28.02.2007
Six more financial institutions will participate in the Swiss interbank payment systems as of March 1, 2007: the CENTRUM BANK and the Caisse d'Epargne d'Aubonne in euroSIC, the Banca Aletti and Banco Santander in SIC and the Credit Europe Bank as well as the C.I.M. Banque in SIC and euroSIC

09.02.2007
New version of the "Certification Guidelines"

02.02.2007
Updated list of LSV+/BDD software providers

01.02.2007
Bayerische Landesbank and Banque Heritage are connected to the SIC system. The latter is also participating in euroSIC.

01.02.2007
Project IBASEC: updated version of the document "Project information"

22.01.2007
Renewal of the security infrastructure IBASEC for the interbank systems SIC, euroSIC and SECOM

12.01.2007
Transaction records for SIC and payROUTE in December 2006

05.01.2007
The boards of directors of the affiliated companies Swiss Interbank Clearing Ltd. and Telekurs PayNet Ltd. have decided to transfer the direct debit business field (LSV) to Telekurs PayNet Ltd.. Subsequently, the product information about the services LSV+, BDD, payCOMweb and payROUTE have been moved from Swiss Interbank Clearing's web site to the new site www.lsv.ch

29.12.2006
New peak day record: Today, the SIC system processed 3,843,900 Swiss franc payments having thus broken the previous record of about 3.42 million transactions on 30 November 2006.

21.12.2006
Volksbank Bodensee and BLOM BANK (Switzerland) SA are connected to the euroSIC system, thus increasing the number of participating financial institutions to 150. They are able to process euro payments to more than 1,600 bank branches in Switzerland and to 36,000 worldwide.

15.12.2006
Martin Frick will become Swiss Interbank Clearing's new Chief Executive Officer and Member of the Telekurs Group Executive Committee

12.12.2006
Updated Guide for Participation in the Swiss Franc Repo Market for financial institutions. Edited by Eurex Zurich, SIS SegaInterSettle, Swiss National Bank and Swiss Interbank Clearing. Financial institutions worldwide may participate under certain conditions in the Swiss repo market within the Swiss Value Chain.

22.11.2006
Updated Cross-Border Guide. Increasing numbers of euroSIC participants are using swisseuroGATE to rapidly, easily and inexpensively transfer cross-border euro payments to the euro zone. The need for information about swisseuroGATE is correspondingly large. A new, compact overview of euro payment traffic, including practical examples, is now available under the section "Payment system for euros".
Some new features:

  • The Cross-Border Guide was expanded to include all payment options (such as for LVP and EUP payments).
  • The accessibility of financial institutions via TARGET of STEP2 is clearly explained.
  • Banks outside of Switzerland and Liechtenstein receive updated information about the accessibility of the financial centers and access to the bank master data.
  • Registration forms are available online.

17.11.2006
Overwhelming response to the ClearIT readers' survey: The 20% return rate exceeds all expectations. And the good grades garnered speak for themselves.

09.11.2006
Telekurs Group Shareholders' Letter 2006

26.10.2006
Sparkasse der Stadt Feldkirch and Raiffeisen Bank (Liechtenstein) are new participants in the SIC and euroSIC systems

02.10.2006
Four more financial institutions have been participating in the Swiss interbank payment systems SIC or euroSIC since October 1: Habibsons Bank in Zurich, Habib Bank Zurich, SEB Luxembourg, Geneva Branch and Bank of America, London.

20.09.2006
The IBAN tool is operational: The electronic tool to calculate the IBAN of Swiss financial institutions helps to convert approximately 30 million proprietary bank accounts to the IBAN standard used worldwide.

19.09.2006
"20 years ago, Telekurs and the Swiss banks founded Swiss Interbank Clearing..." More in the monthly magazine "Schweizer Bank" featuring "Money Flow without Boundaries" (only in German).

04.08.2006
SECB Swiss Euro Clearing Bank GmbH, the euroSIC's system manager publishes its Annual Report for 2005

06.07.2006
Check digit calculator for IBAN plausibility updated with the new countries Bosnia-Hercegovina, Bulgaria and Mauritius

01.07.2006
BDD (Business Direct Debit), the new direct debit procedure of the Swiss banks is in production

20.06.2006
Due to the high transaction volume in the SIC system, the Swiss Interbank Clearing Ltd. Board of Directors has decided to reduce the transaction price for the beneficiary bank (B-Bank) at any settlement time from CHF 0.03 to CHF 0.02 as of July 1, 2006.

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