Sydbank is a Danish bank, founded in 1970. Sydbank operates as a universal bank, providing retail, private and corporate banking products and services.
Sydbank (Schweiz) AG participates in deposit guarantee scheme of Switzerland. This scheme covers accounts up to 100 000 CHF per bank per depositor.
Sydbank (Schweiz) AG was headquartered in St. Gallen.
Sydbank (Denmark)| 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 Sydbank (Schweiz) AG 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 |
This bank operates in the following European countries and selected dependent territories of the European countries:
SOCIETE GENERALE Private Banking (Suisse) SA
Standard Chartered Bank (Switzerland) SA
Time Deposit Accounts up to 1.50 %