Migros Bank AG

Migros Bank was founded in 1958 by Gottlieb Duttweiler. The bank operates as a subsidiary of Migros Cooperatives Federal. As a cooperaive bank Migros Bank states good customer relationships rather than profit maximization as a goal. This allows Migros Bank to offer both private and commercial customers the most important banking services of good quality at attractive conditions.

Services

Area Served

Switzerland

Products

International Transfers

See Also

• SEPA Payments Explained

Ways to Bank

branch

online banking

mobile app

Financials

Migros Bank AG is the 10th largest bank in Switzerland in terms of total assets. In 2019 its total assets were 47 033,32 mln CHF, providing the bank with the market share of 1.42%.

Deposit Guarantee

Guarantee Fund

esisuisse – Deposit Insurance (ESI)

Protected Amount

up to 100,000 CHF

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

Contacts

Migros Bank AG is headquartered in Zürich.

Social Networks

Migros Bank AG has profiles at the following social networks:

BIC (SWIFT)

LEI

Company Number

Supervised By

Reference Number

Founded