AKB Privatbank Zürich AG

Deposit Guarantee

Deposit Guarantee
Yes (up to 100,000 CHF per depositor)

Deposit guarantee scheme is a financial stability mechanism implemented in many countries to protect bank depositors against the loss of their deposits in the case when a bank is unable to meet its obligations to depositors by compensating certain deposits held by depositors of the bank. This compensation is paid out from the contributions which banks have made into a deposit guarantee fund.

Deposit Guarantee in AKB Privatbank Zürich AG

All credit institutions operating in Switzerland are obliged to participate in Swiss deposit guarantee scheme.

AKB Privatbank Zürich AG is a member of esisuisse – Deposit Insurance and makes its contributions into it. In the case of AKB Privatbank Zürich AG failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Maximum Protected Amount
100,000 CHF
Eligible Depositors
private individuals
  • Swiss residents
  • Swiss citizens
  • foreign residents
  • foreign citizens
legal entities
  • registered in Switzerland
  • registered abroad
Non-Eligible Depositors
financial institutions
Covered Accounts
credit balances, e.g.
  • personal accounts
  • savings accounts
  • investment accounts
  • salary accounts
  • numbered accounts
  • deposit accounts
  • current accounts
Covered Currencies
all currencies, namely
  • CHF (Swiss franc)
  • foreign currencies
Paid In Currency
CHF

esisuisse – Deposit Insurance

Steinentorstrasse 11, CH-4051 Basel, Switzerland
+41 (0) 61 206 92 92

Further Information

Similar Banks

Privatbank Bellerive AG Logo Privatbank Bellerive AG
wealth management
Banque Bonhôte & Cie SA Logo Banque Bonhôte & Cie SA
wealth management
Hyposwiss Private Bank Genève SA Logo Hyposwiss Private Bank Genève SA
asset management, securities services
REYL & Cie SA Logo REYL & Cie SA
wealth management
Bank Hottinger & Cie AG Logo Bank Hottinger & Cie AG
private banking, asset management

See Also

Related Articles