General Information

Benefits for Clients

Read More about the Benefits and Implications of SEPA for You as a Client or Business.

Benefits of SEPA for Clients

  • Harmonized payment transactions
  • Transparency and ability to calculate payments correctly in cross-border payment transactions
  • Increased automation
  • Simpler cash management
  • New business opportunities thanks to new procedures
  • XML standards

Implications for Clients

At Credit Suisse, you automatically benefit if you comply with the new, specific SEPA standards for your euro payments within the EU / EEA region. Normally speaking, no change will be necessary to the software and channels you currently use, allowing you to quickly and conveniently update your standard formats to make them SEPA -compliant. Credit Suisse will accompany and support its clients as they move toward SEPA .

Preparing Your Business

The following tips provide you with support in preparing your business for SEPA :

Update your databases with IBAN (International Bank Account Number) and BIC (Bank Identifier Code) numbers: Use IBAN and BIC numbers when issuing invoices and ask your business counterparts for their IBAN and BIC numbers IBAN / BIC.

Obtain information from the supplier of your financial software about their SEPA solution.

Analyze your payment transaction processes and reconciliation systems (back-tracing of cash flows). Analyze your euro account structure in the SEPA zone. What accounts do you need for which purposes? Review the formats you use to effect payment transactions.

The repercussions of and optimization potential offered by SEPA will differ depending on your business activity, company size, and industry sector.

Individual Solutions, Professional Advice

Your requirements for payment transaction solutions are as individual as your company. Call the Business Center at the toll-free number 0800 88 88 74* or complete the contact form . We will be pleased to advise you.


* Telephone calls can be recorded. 

Secondary Content


Telephone 0800 88 88 74 (free of charge)*