Bernerland Bank AG

Address  3454, Switzerland, Sumiswald, Kirchgasse 2
P.O. Box  34
Phone  034 432 37 37
Fax  034 432 37 54

Bank Identifiers 
    BIC (SWIFT)  RBABCH22313
Bank Category  Regional banks and savings banks / RBA Holding banks
Deposit Guarantee  Yes (up to 100 000 CHF per depositor)
Founded  1859

Bernerland Bank AG is located at Switzerland, Sumiswald. It is one of 290 credit institutions operating in Switzerland.

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

BIC  RBABCH22313
Bank BIC Code  RBAB
Country Code  CH (Switzerland)
Location Code  22
Branch Code  313

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.

In the case of Bernerland Bank AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

Further Information: Deposit Guarantee Scheme in Switzerland

Related Information on Switzerland

Economy and Banking Sector of Switzerland

List of Banks in Switzerland