CMB Banque Privée (Suisse) SA

Since 2012, CMB Banque Privée (Suisse) SA operates as a subsidiary of PKB Privatbank AG.

Bank Category
Foreign-controlled banks

CMB Banque Privée (Suisse) SA participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.

CMB Banque Privée (Suisse) SA was headquartered in Lugano.

Address
Lugano, Switzerland
Founded
2009
Closed
2012

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 CMB Banque Privée (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