Bank Sparhafen Zürich AG (Switzerland)

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Business Focus

regional retail banking

Established in 1850 Bank Sparhafen Zürich 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

Account Opening

Becoming a client of Bank Sparhafen Zürich AG can be done in a few steps:

Visit bank branch

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

Ways to Bank

Bank Sparhafen Zürich AG delivers its products and services through both direct and indirect channels, namely:

branch

online banking

mobile app

Financials

Total Assets of Bank Sparhafen Zürich AG

Market Share of Bank Sparhafen Zürich AG

Total Assets (2019)

632.04 mln CHF (+7.88%)

Bank Sparhafen Zürich AG is the 158th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 632,04 mln CHF, providing the bank with the market share of 0.02%. Bank Sparhafen Zürich AG is the 37th largest regional bank and savings bank in Switzerland (out of 60 regional banks and savings banks) having market share of 0.50% amongst the banks of this category.

Deposit Guarantee

Guarantee Fund

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

Bank Sparhafen Zürich 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. Bank Sparhafen Zürich AG is a member of esisuisse – Deposit Insurance (ESI) and makes its contributions into it.