Protection of Client Funds
Are my deposits covered by the deposit insurance scheme?
Yes, like any bank or securities dealer in Switzerland, Saxo Bank (Switzerland) Ltd. 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 100,000 CHF 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/en.