- On the payment due date, your accounting software sends a direct debit file via the payCOMweb interface to SIX, which sends a list of transactions to be carried out to the banks concerned.
- Those banks debit your clients’ accounts, and the total amount of successful debits is credited to your account on the specified date.
- The incoming payment data is provided to you via a camt.054 file.
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Be wary if you get a phone call from someone claiming to be an IT support person. When making payments, be sure to check the payee's bank details and the amount. Your log-in details are confidential, never share them with anyone!