Bank of America is an American financial services and banking corporation. Bank of America provides a broad spectrum of services, including retail and private banking, asset management, corporate banking, investment banking and insurance. Bank of America, National Association, Charlotte, Zurich Branch operates as a branch of Bank of America Corporation (United States).
|Bank Category||Branches of foreign banks|
|Total Assets (2015)||566.99 mln CHF|
|Market Position and Market Share (among banks in Switzerland)|
|Total Assets (2015)||154th (market share 0.02%)|
|Deposit Guarantee||Yes (up to 100 000 CHF per depositor)|
|European Presence||13 banks in 11 countries|
In 2015 total assets of Bank of America, National Association, Charlotte, Zurich Branch were 566.99 mln CHF.
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 Bank of America, National Association, Charlotte, Zurich Branch 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
Any bank can be identified for different purposes and hence can have several different identifiers.
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.