What is a QR-IBAN and why is it required?

This article explains what a QR-IBAN is and why it is required to use QR payment slips in RaiseNow Hub.

Overview

To use QR payment slips in RaiseNow Hub, your organisation must provide a valid QR-IBAN.

A QR-IBAN is a special type of Swiss bank account number. It enables the use of structured reference numbers, which are required for automated payment reconciliation.

Without a valid QR-IBAN, QR payment slips cannot be issued.

Key points

• A QR-IBAN is required for QR payment slips
• It is used only in Switzerland
• It enables structured reference numbers
• It supports automatic reconciliation of payments
• A regular IBAN cannot be used instead

What is a QR-IBAN?

A QR-IBAN is similar to a standard IBAN but includes a specific structural feature.

How to recognise a QR-IBAN

• It follows the Swiss IBAN format
• It always contains the digit 3 in the 5th position

📌 Example: CH44 3000 5006 7890 1234 5

This structure ensures that payments include a valid reference number.

Why it matters

When a payment is made using a QR-IBAN:

• The payer’s bank checks for a valid reference number
• The payment is processed with structured data
• Reconciliation becomes automated and more reliable

How to get a QR-IBAN

If you do not have a QR-IBAN:

1. Contact your bank.
2. Request a QR-IBAN for your organisation account.

Most Swiss banks provide QR-IBANs for accounts used with QR payment slips.