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.
UBS Switzerland AG is the 3rd largest bank in Switzerland in terms of total assets. In 2017 its total assets were 290,31 bln CHF, providing the bank with the market share of 8.95%. UBS Switzerland AG is the 3rd largest big bank in Switzerland (out of 4 big banks) having market share of 18.53% amongst the banks of this category.
UBS Switzerland AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
UBS Switzerland AG is a member of UBS (Switzerland).
UBS Switzerland AG is headquartered in Zürich.
time deposit accounts (0.13 - 0.50 %)
UBS Switzerland AG provides products and services in the areas of retail banking, private banking, wealth management, corporate banking. The range of products offered by UBS Switzerland AG includes current accounts, credit cards, savings accounts, time deposit accounts (0.13 - 0.50 %), consumer loans, mortgage loans.
Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).
Time deposit accounts made with UBS Switzerland AG are covered by deposit guarantee scheme of Switzerland up to 100 000 CHF per depositor. UBS Switzerland AG offers the following time deposit accounts.
Updated on 11 December 2018
Switzerland: This product is offered to Swiss residents only. When clicking on the product link you will be redirected to the product page in German, French or Italian.
|Total Assets (2017)|
|290.31 bln CHF (-1.42%)|
In 2017 total assets of UBS Switzerland AG were 290.31 bln CHF. Decline compared to the previous period (2016) was -1.42%. The evolution of the total assets of UBS Switzerland AG is shown at Chart 1 below.
Chart 1. Total Assets of UBS Switzerland AG.
|Yes (up to 100 000 CHF per depositor)|
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|
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.
The following banks operating under UBS brand name has been recently closed down: