Bank Frey & Co. AG

Business Focus
asset management, securities services

Since 2012 Bank Frey & Co. AG was subject of investigation of the United States Department of Justice on suspicion of tax evasion. On 17 October 2013, the bank announced that it would cease its activities. It's said in the statement that the bank's shareholders had opted for the bank to cease operations because tighter rules on banks accepting clients from the United States and other countries had made regulatory costs unsustainable.

Bank Category

Stock exchange banks

Deposit Guarantee

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

Bank Frey & Co. 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 Frey & Co. AG is a member of esisuisse – Deposit Insurance and makes its contributions into it.

Contacts

8021, Zürich, Switzerland
3972
044 204 33 00
044 204 33 99

Bank Frey & Co. AG was headquartered in Zürich.

Bank Identifiers

BIC (SWIFT)
FREYCHZZXXX

Bank Supervision

Supervised By
Swiss Financial Market Supervisory Authority

Bank Frey & Co. AG was authorized and supervised by the Swiss Financial Market Supervisory Authority.

Bank History

Founded
2002
Closed
2013

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