Sparkasse Schwyz AG

Business Focus

regional retail banking

Established in 1812 Sparkasse Schwyz AG is a savings bank, focused on providing retail banking products and services (mortgages and corporate loans, customer savings and deposits) to local residents.

Bank Category

Regional banks and savings banks

Services

retail banking

Clients

natural persons
SMEs
companies

Area Served

local region

Products

current accounts
credit cards
debit cards
savings accounts
time deposit accounts
consumer loans
mortgage loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of Sparkasse Schwyz AG can be done in a few steps:

1.
Visit bank branch

Due to regulatory requirements Sparkasse Schwyz AG performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Sparkasse Schwyz AG will ask him/her to provide the following documents: passport; proof of address. For corporate clients Sparkasse Schwyz AG will ask to provide corporate documentation as well as information about controlling persons. Sparkasse Schwyz AG may request additional documentation or information depending on the case. Sparkasse Schwyz AG performs client's identity verification via branch visit.

Ways to Bank

Sparkasse Schwyz AG delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app

Financials

Total Assets of Sparkasse Schwyz AG
Market Share of Sparkasse Schwyz AG
Total Assets (2019)
1,831.73 mln CHF  (-0.84%)

Sparkasse Schwyz AG is the 92nd largest bank in Switzerland in terms of total assets. In 2019 its total assets were 1 831,73 mln CHF, providing the bank with the market share of 0.06%. Sparkasse Schwyz AG is the 10th largest regional bank and savings bank in Switzerland (out of 60 regional banks and savings banks) having market share of 1.45% amongst the banks of this category.

Deposit Guarantee

Guarantee Fund
esisuisse – Deposit Insurance (ESI)esisuisse – Deposit Insurance (ESI)
Protected Amount
up to 100,000 CHF
Eligible Depositors
private individuals (Swiss and foreign)
legal entities (Swiss and foreign)
Covered Accounts
credit balances

Sparkasse Schwyz AG participates in the deposit guarantee scheme of Switzerland. This deposit guarantee scheme applies to credit balances made by private individuals (Swiss and foreign), legal entities (Swiss and foreign) and covers up to up to 100,000 CHF per bank per depositor. Sparkasse Schwyz AG is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.

Contacts

Herrengasse 23, 6431, Schwyz, Switzerland
564
041 819 02 50
041 819 02 51

Sparkasse Schwyz AG is headquartered in Schwyz.

Bank Identifiers

BIC (SWIFT)
RBABCH22633
LEI
529900MHMTR8ADX7DQ44
Company Number
CHE-108.954.464

Bank Supervision

Supervised By
Swiss Financial Market Supervisory Authority
Reference Number
CHE-108.954.464

Sparkasse Schwyz AG is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-108.954.464).

Bank History

Founded
1812

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