Wealth Management


Swiss Depositor Protection Scheme

The Swiss Banking Act of 2005 stipulates that all Swiss banks and securities dealers must have their preferential deposits protected by the Depositor Protection Association, “esisuisse”.

This collective scheme ensures that the clients of an insolvent bank have their protected deposits paid out to them within one month. Deposits totalling a maximum amount of CHF 100,000 per client are protected.

Banque de Commerce et de Placements – BCP, as a Swiss bank, is member of “esisuisse”.

Therefore, all legal entities and natural persons with deposits at BCP are protected by “esisuisse” under the terms of the provisions shown at www.esisuisse.ch with the exception of other banks and securities dealers. Preferential treatment and protection are granted regardless of whether the entity/person is domiciled in Switzerland or abroad.

Switzerland's depositor protection scheme is explained in detail at www.esisuisse.ch