Swiss deposit insurance
What is esisuisse?
esisuisse is a self-regulatory organisation for banks in Switzerland. esisuisse guarantees that it will cover protected deposits as part of the self-regulation of Swiss banks and securities firms. All banks with a branch in Switzerland must be members of esisuisse. esisuisse is a private association with its registered office and office in Basel.
What is deposit insurance?
In the event of a bank’s bankruptcy, the deposit insurance scheme protects client assets against loss up to the amount of CHF 100 000.
This guarantee is regulated by law.
Functioning and scope
Swiss deposit insurance
In the event of a bank’s bankruptcy, the deposit insurance scheme protects client deposits against loss up to the amount of CHF 100 000. This guarantee is regulated by law.
Protected bank deposits
Deposits are generally client balances on accounts held at banks. All clients (private and corporate) of banks are protected by the deposit insurance scheme.
Payout
The protection is limited to CHF 100 000 per client and bank. esisuisse funds the payment for the protected deposits if the bank has insufficient liquidity available.
Communication and capable partner
esisuisse informs the public about depositor protection in Switzerland.