Structured addresses in payment orders

Get your software ready for the new structured address requirements by 21 November 2025.

Background

To meet the requirements of global regulators for more transparent monitoring and prevention of money laundering, the Swiss financial market and banks have decided that a structured disclosure of address data is necessary for payment transactions. This applies to all address fields of the parties involved (debtor, creditor and financial institutions) in a payment order, both nationally and internationally, via SIC, SWIFT and SEPA.

Who needs to do something?

Clients who create payment orders using their own accounting software (pain.001 and pain.008 SDD) and transmit them to UBS must ensure that their software is updated in accordance with new market requirements so that payment orders contain structured address data by 21 November 2025 at the latest.

For the entry of a single payment in UBS Digital Banking, UBS already ensures that the requirements for the structured provision of addresses are met.

If payment orders are not structured in accordance with the requirements, UBS will no longer be able to process them after 21 November 2025.

Options for structuring address data when creating the files with your own software

UBS supports three different options for structuring address data in pain.001 and pain.008 SDD payment files according to the new requirements:

  • Option I: minimum requirement

    • Transmit “Name,” “City” and “Country” in separate fields (structured)
    • UBS supports this option with immediate effect

  • Option II: fully structured addresses

    • In addition to the minimum requirements “Name,” “City” and “Country,” other structured address data fields are also transmitted, such as street name, house number or postcode
    • We recommend that you transmit fully structured addresses to avoid rejections of cross-border payments
    • UBS supports this option with immediate effect

  • Option III: hybrid model

    • In addition to the minimum requirements “Name,” “City” and “Country,” additional address data can be transmitted unstructured
    • Whether this option also applies to SEPA payments will be decided by the end of 2024
    • This option will be supported as of 22 November 2025
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By when does the software need to be updated?

UBS recommends that an update be carried out at the earliest opportunity, but no later than 21 November 2025. From then on, payment files can only be transmitted using one of the structured variants described above. For SWIFT payments, there is an extended deadline until 2026. Your software partner can also help you choose the most sensible way to structure your data.

Timeline for the implementation of structured addresses in payment orders

* Whether the hybrid model also applies to SEPA will be decided by the end of 2024.