As a software manufacturer or operator of individual software, Credit Suisse assists you with specifications, best-practice information, and testing options when implementing Swiss payment formats and channels.
Credit Suisse uses its own trigger tags and extended product codes in the MT94x reporting formats to categorize the included information.
Credit Suisse has prepared its own specifications and recommendations for implementing ISO 20022 in order to further refine the Implementation Guidelines for Switzerland and Common Global Implementation (CGI). You can find the respective documents on the Swiss and CGI market practices in the list below.
Credit Suisse offers a simple and extensive test platform to support our clients and software partners in the Swiss financial market in making an effortless migration of payment standards. Our test platform provides simulation and extensive analysis opportunities (e.g. advanced error recognition in the XML viewer) so that you can ensure that all of your payment requirements will be met after migrating to the new ISO 20022 payment standard.
This article summarizes the most important information on Swiss payment transactions for software manufacturers launching products with invoicing and payment functions on the Swiss market.
When choosing the reporting files that Credit Suisse sends to our shared clients, the following points listed in this article must be considered.
Credit Suisse Direct Link is EBICS 3.0 capable; the migration from EBICS 2.5 can begin. This article lists the requirements for conversion, the conversion process, the consequences of conversion, and other information for you as a software manufacturer:
What needs to be noted when migrating to the Swiss Payment Standards as of November 2022? What documents and tools are available to me?