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Introduction to Switzerland QR Bill Invoice

Invoicing Journey in the EU and Germany

Big changes are affecting finance process all over the world, mostly regarding the shift from traditional to electronic invoicing processes. In Europe, all public contracting authorities and entities in the EU are obliged to accept and process electronic invoices.

Germany on the other hand, has gone a step further, requiring that not only public contracting authorities and entities but also suppliers to comply with the directive. From November 2020 onwards, federal contracting authorities and entities will use the XRechnung format, which is an electronic invoicing standard that has been fully accepted by the German government and has been generated in alignment with European Standard 16931, an electronic invoicing standard that the EU approved in 2017, according to

While invoice recipients and senders in Germany are preparing for XRechnung, it is good to have a look at what Switzerland are up to. With EU directives not applied there, Switzerland has found its own way of digitizing and automating invoicing process.

The Current Switzerland: Payment Slip Featured Invoices

Invoices sent in Switzerland are generally accompanied by payment slips. These slips contain the information necessary for paying the bill. The payment slips come in various forms: in orange and red, either from banks or from Post Finance. The two different forms are used as a payment slip to deposit a sum of money in Swiss francs into an account or transfer it from your own account. The payment slip enables simple invoicing and quick booking of payment transactions.

Using ESR & BESR, payment services in Switzerland can include a unique End2End reference number for each and every invoice and bill payment.​ The unique reference number facilitates tracking, allowing business partners and consumers alike to reconcile their open positions.​

Starting on June 30, 2020, payment slips will be replaced by QR codes containing payment information such as account holder, amount due, IBAN (or a special QR IBAN) and currency (both EUR and CHF will be possible).​

Switzerland QR Bill Payment

Switzerland SIX Bank Consortium released a new version of the ESR Payment Standard called “QR Bill”. The