Swiss financial institutions are required to report information regarding accounts held by clients whose country of tax residence has signed an agreement for the automatic exchange of information with Switzerland to the Federal Tax Administration (FTA).
After receiving this information, the FTA exchanges it with the reportable administration of the client’s country of residence.
Information is only exchanged with partner jurisdictions.
The list of partner jurisdictions can be found by clicking here.
in Securities Trading
As a professional securities dealer, BankMed (Suisse) SA (the “Bank”) is subject to the Swiss Federal Act on Stock Exchanges and Securities Trading. This Act requires the Bank to inform its clients about types of transaction and investments that may involve special risks. You will find all the details on this topic in the brochure “Special Risks in Securities Trading”. Please read it carefully. We remain at your disposal for any further information.
The brochure can be found by clicking here.
Deposit Insuance Scheme
Are my deposits covered by the deposit insurance scheme?
Yes, like any bank or securities dealer in Switzerland, BankMed (Suisse) SA is required to sign the Agreement by Swiss Banks and Securities Dealers on Deposit Insurance and as such is a member of esisuisse.
Client deposits held with Swiss branches of the bank are protected for up to CHF 100,000 per client, per bank.
Deposits also include medium-term notes held in the name of the depositor at the issuing bank.
All relevant information on the deposit insurance can be found at www.esisuisse.ch