Swiss4.0 SA (Switzerland) is a financial institution with a FinTech licence authorized and regulated by the Swiss Financial Market Supervisory Authority. Swiss4.0 is focused on membership financial services. The company offers multi-currency IBAN accounts, payment cards, international transfers to private individuals.
Swiss4.0 SA has a FinTech licence as a financial institution according to Article 1b of the Swiss Banking Act and is supervised by Swiss Financial Market Supervisory Authority
Funds Safeguarding
Yes
Deposit Guarantee
No
Swiss4.0 SA is not a bank, it can't collect deposits from public or loan out its clients’ money. Hence, it does not have to participate in deposit guarantee schemes. However, Swiss4.0 is required to safeguard its customers’ money.
EEA Passport
No
Switzerland is not a EEA member, so the principle of single authorisation is not applicable.
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