Insert images: Swiss Post menu > image > insert image. For more images go to www.brandingnet.ch Technical details Full screen image size W 25.4 cm x H 19.05 cm equals W 1500 pixels x H 1125 pixels Resolution 150 dpi Implementation of ISO 20022: starter kit for software partners April 2016 If you can read this text, you must add the slide again in the Swiss Post menu with the Add Slide function. Otherwise, no image can be placed behind the surface!
What can you find in this starter kit? Positioning of Starter kit for software partners Accounts payable Issuing payment orders Accounts receivable Processing inpayments Accounts receivable Collecting direct debits Quality assurance and testing with the PostFinance test platform ISO 20022 readiness check More information and links PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 2
Starter kit for software partners Guidelines for focused implementation of ISO 20022 The implementation of ISO 20022 in the Harmonization of payment transactions in Switzerland can be carried out in different formats: Small S format: Technical migration Medium M format: Migration and optimization Large L format: Digital integration Objective: We simply want to be able to continue executing payment transactions. Traditional business Objective: We want to take advantage of selected new payment transactions. Traditional business with optimizations Objective: We want to integrate payment transactions into the value chain. Ready for digitization In S format (small), this starter kit provides a guide to the basic implementation of ISO 20022. New or value-added features of ISO 20022 are deliberately hidden to allow minimal implementation. Focus of this starter kit (no starter kits are planned for the M and L formats. Further documentation is available from PostFinance; see last slide). PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 3
Starter kit for software partners Scope of focused implementation of ISO 20022 Typical applications Previous names Issuing payment orders Processing inpayments Collecting direct debits Paying invoices with an inpayment slip with/without a reference number Executing domestic payments Executing salary payments EPO TXT (PostFinance) DTA (other banks) Scope of application Accounts payable Salary New message type Special settings Notification and account statement pain.001 XML schema V2 Batch debit* always active Notification management* based on PostFinance master data PDF account statement in e- finance Paper account statement (subject to a charge) Processing ISR credit notifications (incoming payments) ISR V11 file (PostFinance) BISR file (other banks) Accounts receivable camt.054 XML schema V4 Notification of service camt.054 only PDF account statement in e-finance Paper account statement (subject to a charge) Collecting CH-DD Direct Debits (CHF, EUR) for private customers Collecting CH-DD Direct Debits (CHF, EUR) for business customers Debit Direct (PostFinance) LSV+/BDD (other banks) Accounts receivable pain.008 CH-DD (PostFinance): XML schema V2 CH-TA (other banks) Notification of service camt.054 only PDF account statement in e-finance Paper account statement (subject to a charge) Key information IBAN account numbers ISR reference number IBAN account numbers PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 * Explanation in section More information and links Slide 4
What can you find in this starter kit? Positioning of Starter kit for software partners Accounts payable Issuing payment orders Accounts receivable Processing inpayments Accounts receivable Collecting direct debits Quality assurance and testing with the PostFinance test platform ISO 20022 readiness check More information and links PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 5
Issuing payment orders Settling invoices and executing salary payments The following documents with section references provide more information for payment orders in accordance with ISO 20022 ( pain.001 ): Document reference Swiss Business Rules for Payments and Cash Management [ww w.six-interbank-clearing.com/iso-payments] Swiss Implementation Guidelines for Credit Transfer in Payment Transactions [ww w.six-interbank-clearing.com/iso-payments] PostFinance Ltd user manual [ww w.postfinance.ch/harmonisation-documents] EPO manual: Electronic payment order [ww w.postfinance.ch/harmonisation-documents] Electronic account documents manual [w w w.postfinance.ch/harmonisation-documents] Section references 2.1.1 Transfers to a financial institution in Switzerland Focus on payment methods 1, 3 and 6 3.1 Summary of message flow 3.2 Message structure Customer Credit Transfer Initiation 4.1 Principles of message structure 2.2.1 Procedure for the validation by the financial institution Payment types 2.3.1 Group Header (GrpHdr, A level) 2.3.2 Payment Information (PmtInf, B level) 2.3.3 Credit Transfer Transaction Information (CdtTrfTxInf, C level) 2.4.1 Character set 3.1 Settling an inpayment slip with reference number (ISR) 3.3 Execution of domestic payments without a slip 3.7 Execution of salary payments 5.3.2 Additional technical information on the Swiss Implementation Guidelines Not relevant in this starter kit we use the following for notifications: PDF in e-finance Paper (subject to a charge) PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 6
Processing inpayments Receiving credits for invoices, closing open items The following documents with section references provide more information on processing credits in accordance with ISO 20022 ( camt.054 ISR ): Document reference Swiss Business Rules for Payments and Cash Management [ww w.six-interbank-clearing.com/iso-payments] Swiss Implementation Guidelines for Cash Management [ww w.six-interbank-clearing.com/iso-payments] PostFinance Ltd user manual [ww w.postfinance.ch/harmonisation-documents] ISR Manual [ww w.postfinance.ch/harmonisation-documents] Electronic account documents manual [ww w.postfinance.ch/harmonisation-documents] Section references 9.2 Different versions of camt.052, camt.053 and camt.054 9.6.5 References <Refs>, D level 9.8 Bank to Customer Debit Credit Notification (camt.054) 4 Bank-to-Customer Debit/Credit Notification (camt.054) 5.2.4 ISR reference numbers in camt messages 5.4 Specific representation of certain transaction types in account statement camt.053 Focus on the ISR Payment column 4.1 Processing an ISR credit notification 5.3 Additional technical information on the Swiss Implementation Guidelines Not relevant in this starter kit we use the following for notifications: PDF in e-finance Paper (subject to a charge) PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 7
Collecting direct debits Charging for services and executing direct debits The following documents with section references provide more information for processing direct debits in accordance with ISO 20022 ( pain.008 ): Document reference Swiss Business Rules for Payments and Cash Management [ww w.six-interbank-clearing.com/iso-payments] Swiss Implementation Guidelines for the Swiss Direct Debit Procedure [ww w.six-interbank-clearing.com/iso-payments] PostFinance Ltd user manual [ww w.postfinance.ch/harmonisation-documents] CH-DD Direct Debit Manual [ww w.postfinance.ch/harmonisation-documents] Electronic account documents manual [ww w.postfinance.ch/harmonisation-documents] Section references 2.2.2 Direct Debit Initiation for the Swiss direct debit procedure 3.1 Summary of message flow 3.3 Message structure Customer Direct Debit Transfer Initiation 4.1 Principles of message structure 5 Customer Direct Debit Initiation 2.2.1 Group Header (GrpHdr, A level) 2.2.2 Payment Information (PmtInf, B level) 2.2.3 Direct Debit Transaction Information (DrctDbtTxInf, C level) 2.3.1 Character set 4.5 Collection of a CH-DD COR1 Direct Debit in CHF in Switzerland 4.6 Collection of a CH-DD B2B Direct Debit in CHF in Switzerland 5 Additional technical information on the Swiss Implementation Guidelines Not relevant in this starter kit we use the following for notifications: PDF in e-finance Paper (subject to a charge) PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 8
What can you find in this starter kit? Positioning of Starter kit for software partners Accounts payable Issuing payment orders Accounts receivable Processing inpayments Accounts receivable Collecting direct debits Quality assurance and testing with the PostFinance test platform ISO 20022 readiness check More information and links PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 9
Quality assurance and testing Using the PostFinance test platform and gaining experience With the PostFinance test platform, you can test your payment orders [pain.001], ISR credit files [camt.054] and debits [pain.008] at any time: PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 10
Quality assurance and testing Using the PostFinance test platform and gaining experience Simply register for the PostFinance test platform via the Internet: You can register without a specific PostFinance agreement. The test platform gives you best practice test cases with sample files. Load a virtual account with an IBAN on the test platform and use this for your test cases. The virtual account is used for payment orders [pain.001], credits [camt.054 ISR] and debits [pain.008], allowing you to continuously process use cases. PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 11
What can you find in this starter kit? Positioning of Starter kit for software partners Accounts payable Issuing payment orders Accounts receivable Processing inpayments Accounts receivable Collecting direct debits Quality assurance and testing with the PostFinance test platform ISO 20022 readiness check More information and links PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 12
ISO 20022 readiness check Three levels are tested to determine which scope will be implemented With the ISO readiness check of software products, two different goals are pursued: 1. Qualitative check of a software product with the software partner on the basis of defined use cases for accounts payable, accounts receivable and cash management. 2. Create an incentive for providing the most comprehensive function set possible for ISO 20022 the starter kit begins with the basics and allows you to implement more features as required. PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 13
ISO 20022 readiness check Three levels are tested to determine which scope will be implemented ISO 20022 readiness is assessed at different levels. This starter kit addresses Level 1, Traditional business. Accounts payable management Accounts receivable management Cash and liquidity management ISO readiness Level 3 Ready for digitization Interfaces for digital archive [ERP or payment software issues/offers document management system] Order cockpit offers process control [ERP or payment software order status in overview activated] Order notification [camt.054] Credit notification (with image) [camt.054 IS] Intraday account statement [camt.052] Option Option ISO readiness Level 2 Traditional business with optimizations Manage order notifications [Differing notification management with the formats NOA, SIA, CND, CWD] Processing status [pain.002] Direct digital channel [FDS, TBS, OLFT] CH-DD credit notification [camt.054 DD] and/or Processing status [pain.002] Process account statements electronically [camt.053], [camt.054 ISR/OSR], [camt.054 DD], camt.054 IS] ISO readiness Level 1 Traditional business Payment order [pain.001] Interactive digital channel [e-finance] Direct debit order [pain.008] and/or ISR credit notification [camt.054 ISR] Account statement Paper or PDF Focus of this starter kit PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 14
What can you find in this starter kit? Positioning of Starter kit for software partners Accounts payable Issuing payment orders Accounts receivable Processing inpayments Accounts receivable Collecting direct debits Quality assurance and testing with the PostFinance test platform ISO 20022 readiness check More information and links PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 15
More information and links Notes on terms used in this starter kit Term Notification management for payment orders After executing payment orders, PostFinance delivers an execution confirmation (pain.001) in camt.054 XML format or as a PDF. The execution confirmation can be managed in the payment order: The notification can be presented in different ways; see section 4.6.4 Execution confirmation in EPO Manual: Electronic payment order. Further details Reference to IG Credit Transfer (Payment Transactions) ISO index 2.20: Payment Information +Debtor Account ++Type +++Proprietary Possible settings: NOA, SIA, CND, CWD PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 16
More information and links Notes on terms used in this starter kit Term Batch debit or debit per transaction Business customers see a batch debit for each order and each initial currency on their account statement by default. When issuing an order, you can use the Batch Booking field in pain.001 to select whether a debit (booking) per transaction (false) or whether a batch booking per order or per initial currency (true) should be shown. Further details Reference to IG Credit Transfer (Payment Transactions) ISO index 2.3: Payment Information +Batch Booking Possible settings: true, false PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 17
More information and links Notes on terms used in this starter kit Term ISR credit data with reference information Credit data with ISR reference information is delivered in the camt.054 notification. This notification replaces the credit files in V.11 format. Further details Reference to the Electronic account documents manual ISO index 2.236: Transaction Details +Remittance Information ++Structured +++Creditor Reference Information ++++Reference PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 18
More information and links Notes on terms used in this starter kit Term IS credit data with messages Credit data with IS messages is delivered in the camt.054 notification (counter payments only with the IS full recording service; slip images can be delivered without IS full recording). Messages according to customer order are delivered by PostFinance in a separate XML field. The field 2.235 is used in the financial center s IG Cash Management ; a reconciliation of data fields is planned. Further details Reference to the Electronic account documents manual ISO index 2.235: Transaction Details +Remittance Information ++Unstructured PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 19
More information and links The ISO 20022 Bookcase is fully stocked The Bookcase gives you an overview of the regularly updated documents and manuals. PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Slide 20
More information and links Websites with in-depth information Information from PostFinance Website description Information on the harmonization of Swiss payment transactions at PostFinance Information on ISO 20022 Information on ISO 20022 in EPOs Information on ISO 20022 in account notifications Information on ISO 20022 for CH-DD Debit Direct Information on IBAN PostFinance test platform Information from the Swiss financial center Website description Website of the Swiss financial center for the harmonization of Swiss payment transactions Information from SIX on the implementation of the ISO 20022 standard in Switzerland Information on the harmonization of payment transactions in Switzerland SIX validation platform PostFinance Ltd Harmonization of Swiss payment transactions Starter kit for software partners April 2016 Link ww w.postfinance.ch/harmonization-pt ww w.postfinance.ch/iso20022 ww w.postfinance.ch/epo ww w.postfinance.ch/e-doc ww w.postfinance.ch/sdd ww w.postfinance.ch/iban isotest.postfinance.ch Link ww w.paymentstandards.ch ww w.iso-payments.ch ww w.iso20022.ch validation.iso-payments.ch Slide 21