SIC Ltd processes payments between financial institutions, issues operative rules for the payment traffic of the Swiss financial center and represents it for the issuing of national and international payment transaction standards as well as for the development, processing and operation of payments, means of payment and systems.

PaCoS makes proposals for the further development of the regulations, coordinates these in consultations with the users and submits proposals to the Board of Directors of SIC Ltd. In doing so, it relies on specialist working groups to deal with specific issues.

The Legal Support Group of SIX Interbank Clearing Ltd (LSG SIC) is a standing committee comprising users of the SIC system, which provides the Board of Directors of SIC Ltd and its committees with advice and support on legal matters.

PAP is active in the area of project and process management. It ensures that the payment systems are further developed according to the financial institutions' requirements and supports SIC Ltd's implementation of the joint ventures' strategy of the Swiss financial center.

RAR is an administrative and editorial committee reporting to PAP. It is in charge of creating, editing and updating the documentation needed for the payment systems. In particular, it supports SIC Ltd during the production of handbooks, contracts, instructions and circulars to the financial institutions.

The Swiss Payments Council (SPC) constitutes a national sounding board for international topics pertaining to payment traffic. The SPC consists of (1) members representing the Swiss National Bank, banking associations or the Payments Committee Switzerland (PaCoS), as well as (2) members representing the interests of the Swiss financial market in international boards, working groups and task forces as listed below.