SIX Interbank Clearing

SIX Interbank Clearing AG (before November 2008: Swiss Interbank Clearing AG), based in Zurich, Switzerland, is a subsidiary of SIX Group.

Since 1987 SIX Interbank Clearing has operated on behalf of the Swiss National Bank a payment platform for the processing of domestic and international payments (clearing) in Swiss francs and, since the introduction of the euro, also of payments in euros. This platform - which includes the Swiss Interbank Clearing system for francs and euroSIC for euros - connects virtually all Swiss financial institutions and a number of banks outside Switzerland. This makes it possible for financial institutions worldwide to handle electronic payments in euros and Swiss francs in Switzerland around the clock in real time.[1]

Share this article:

This article uses material from the Wikipedia article SIX Interbank Clearing, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.