Swiss Direct Debit (CH-DD)

The Swiss COR1 Direct Debit (CH-DD) is the standard used by PostFinance for free direct debit orders.

PostFinance offers an additional direct debit service, the Swiss B2B Direct Debit, to business account holders.

With the exception of PostFinance, all other Swiss banks use the LSV+ standard for private account holders.

More on this topic:
Direct debits in Switzerland FAQ

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Benjamin Manz is CEO of moneyland.ch and an independent expert on banking and finance.