SIX Interbank Clearing

SIX Interbank Clearing, a SIX company, is a joint venture of the Swiss financial center. It operates the SIC and euroSIC payment systems. They allow financial institutions to make payments in Swiss francs and euro – in real time and securely. In cooperation with the main players of the Swiss financial center, SIX Interbank Clearing provides other important payment traffic services.

The SIC system processes interbank payments in francs on behalf of and under the supervision of the Swiss National Bank. In association with SECB Swiss Euro Clearing Bank, SIX Interbank Clearing provides the processing of euro transactions through the euroSIC system on behalf of the Swiss financial center. Both interbank systems provide financial institutions within Switzerland and beyond its borders with efficient access to national and international payment traffic.

SIX Interbank Clearing contributes significantly to the attractiveness of the Swiss financial center, due in no small part to its low-cost payment traffic services which meet the most stringent of quality requirements in reliability, efficiency, and security.

Annual Report

SIX Group Annual Report 2010
Business field Payment Transactions (extract)