Merrill Lynch Bank (Suisse) SA

In 2013 Merrill Lynch Bank (Suisse) SA was taken over by Bank Julius Bär & Co. AG.

Bank Category

Foreign-controlled banks

Merrill Lynch Bank (Suisse) SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.


Genève, Switzerland

Merrill Lynch Bank (Suisse) SA was headquartered in Genève.


Deposit Guarantee

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

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

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

In the case of Merrill Lynch Bank (Suisse) SA failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, commercial enterprises and public-sector offices
Covered Accounts  credit balances (e.g. personal accounts, savings accounts, investment accounts, salary accounts, numbered accounts, deposit accounts and current accounts)
Covered Currencies  all
Maximum Protected Amount  100 000 CHF
Paid In Currency  CHF

Further Information

European Presence: 1 bank in 1 country

Merrill Lynch Bank (Suisse) SA operated under the brand name Merrill Lynch. This banking brand has presence in the following European countries and selected dependent territories of the European countries: