What is swiss number in banking code#

The second section ('Disclosure Report on the SIC system') shows how the relevant CPMI-IOSCO principles apply to the SIC system. The customer identification number in the first six positions (current ISR bank customer identification number) within the reference line as key to the creditorРІР‚в„ўs account is eliminated. As a systemically important financial market infrastructure, the SIC system is subject to the CPMI-IOSCO Principles for financial market infrastructures (PFMI). The identity number is printed on all of your national identification documents, such as your ID-card, passport, residents permit etc.

What is swiss number in banking code#

The first section of the publication ('Report on the SIC system') contains information on the Swiss Interbank Clearing payment system (SIC system). Your national identification number (national ID-number, personal code or ID-code) is a unique 11-digit number assigned by the state and used for identification purposes in all Baltic Countries. This publication is issued by the SNB in cooperation with SIC Ltd. Since it commenced operations, the SIC system has experienced continuous growth, in terms of both the number of transactions processed and the volume settled.Р”Р‡urther information on the SIC system can be found in 'The Swiss Interbank Clearing (SIC) payment system - Report on the SIC System and Disclosure Report'. Apart from being the most capitalized and safest, swiss banks offer accounts in all.

As well as large-value transactions, the SIC system also processes retail payments connected with services provided by financial market participants (bank transfers, card payments, direct debits, etc.). Swiss banks offer economic security, confidentiality, and asset protection. The participants eligible to use SIC primarily include Swiss banks and other financial market participants. Since its launch on 10 June 1987, it has been operated by SIX Interbank ClearingР’В Ltd (SICР’В Ltd) on behalf of the Swiss National Bank. The Swiss Interbank Clearing (SIC) payment system is Switzerland's central payment system.