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.
Becoming a client of Sparkasse Schwyz AG can be done in a few steps:
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.
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.
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.
Sparkasse Schwyz AG is headquartered in Schwyz.
Sparkasse Schwyz AG is authorized and supervised by the Swiss Financial Market Supervisory Authority (reference number CHE-108.954.464).