IPI - International Payment Instruction
Can be used for cross-border transactions

Take advantage of simplified conditions for processing European cross-border payments with the IPI standard that enables you also to collect foreign currency payments in Switzerland.

Application

  • Dispatch of IPI in any currency with your invoices domestically and abroad

  • Transfer of all relevant data for fully automated end-to-end payment

  • Faster payment processing and improved data quality

Major advantages

  • Universal payment slip that can be sent to all your clients in any currency throughout Europe and Switzerland

  • Simple invoicing - one single set of forms is all that is needed to print the invoice

  • Rapid payment processing and improved data quality - the IPI contains all the relevant data for fully automated end-to-end payment

  • Monitoring of accounts receivable - a message or payment reference can be included on the IPI. The reference number with verification digit makes for easy reconciliation of outstanding items.

  • IPI slips are accepted by all financial institutions

Requirements

  • Independent procurement: software to print the IPI slips

  • Obtaining via UBS (max. 1000 IPI slips per year): no special prerequisites

Further information

Brochure