1. Localizations for Switzerland Implementation Guide
  2. Understanding Payment Formats for Switzerland

Understanding Payment Formats for Switzerland

In Switzerland, two payment systems are widely used by companies:

  • The electronic funds transfer system (Datenträgeraustausch [DTA]), which is supported by the banking sector (Telekurs, Payserv).

  • The Service des Ordres Groupés (SOG) system, which is supported by the Swiss Post Office (Postfinance).

Before you process automatic payments, you assign payment print programs to payment instruments. You also review and revise, if necessary, the processing options for the formats used by the print programs.

The payment print program that you assign to a payment instrument launches the version of the payment format when you process payments. For example, P04572S2 launches the R04572S2 program. To make changes to the processing options for the payment formats, access them from the Batch Versions program (P98305), entering R instead of P in the first position of the name of the payment format program. The processing options further define the format of each component of a payment instrument.