UBS Switzerland AG was established in 2015 to improve the resolvability of UBS Group in response to regulatory requirements. UBS AG's Retail & Corporate and Wealth Management businesses in Switzerland were transferred to newly founded UBS Switzerland AG.
|Address||Bahnhofstrasse 45, 8098, Zürich, Switzerland|
|Phone||044 234 11 11|
|Member of Group||UBS (Switzerland)|
|Bank Category||Big banks|
|Total Assets (2015)||285.18 bln CHF|
|Market Position and Market Share (among banks in Switzerland)|
|Total Assets (2015)||3rd (market share 9.44%)|
|Deposit Guarantee||Yes (up to 100 000 CHF per depositor)|
|European Presence||21 banks in 11 countries|
In 2015 total assets of UBS Switzerland AG were 285.18 bln 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 UBS Switzerland 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
Any bank can be identified for different purposes and hence can have several different identifiers.
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) 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.
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).
BIC of UBS Switzerland AG and its components are shown in the table below.
|Bank BIC Code||UBSW|
|Country Code||CH (Switzerland)|
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.