Established in 1828 Bank Avera Genossenschaft 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 Bank Avera Genossenschaft can be done in a few steps:
Due to regulatory requirements Bank Avera Genossenschaft performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Bank Avera Genossenschaft will ask him/her to provide the following documents: passport; proof of address. For corporate clients Bank Avera Genossenschaft will ask to provide corporate documentation as well as information about controlling persons. Bank Avera Genossenschaft may request additional documentation or information depending on the case. Bank Avera Genossenschaft performs client's identity verification via branch visit.
Bank Avera Genossenschaft is the 65th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 4 288,42 mln CHF, providing the bank with the market share of 0.13%. Bank Avera Genossenschaft is the 7th largest regional bank and savings bank in Switzerland (out of 60 regional banks and savings banks) having market share of 3.39% amongst the banks of this category.
Bank Avera Genossenschaft 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. Bank Avera Genossenschaft is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.
Bank Avera Genossenschaft is headquartered in Wetzikon ZH.
Bank Avera Genossenschaft is authorized and supervised by the Swiss Financial Market Supervisory Authority.