Another three SEPA participants via euroSIC
Banca del Ceresio, Union Bank AG and Jyske Bank (Schweiz) AG will participate in the SEPA Credit Transfer Scheme from 7 April 2014.
Thus, 143 out of 171 financial institutions from Switzerland and Liechtenstein are using the Swiss SEPA payment channel via euroSIC/SECB/STEP2.
SEPA credit transfers
Banks participating in the euroSIC system are able to send and receive SEPA-compliant credit transfers with little effort.