Protection of Client Funds

  • Deposits protection under the depositor protection scheme

Are my deposits protected under the depositor protection scheme?

Yes, like any bank and any securities dealer in Switzerland, Saxo Bank (Switzerland) Ltd. is required to sign the Agreement by Swiss banks and securities dealers on depositor protection. This means clients’ deposits are protected up to a maximum of CHF 100'000 per client. Medium-term notes held in the name of the bearer at the issuing bank are also considered deposits. Depositor protection in Switzerland is provided by esisuisse, and the depositor protection system is explained in detail at www.esisuisse.ch.