Yes, like any bank or securities dealer in Switzerland, Swissquote Bank 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 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.
It should be noted that deposited securities do not fall within the scope of bankruptcy and the customer has the right to recover them whenever he or she wishes.
Depositor protection applies irrespective of whether the depositor is resident in Switzerland or abroad.
This information is subject to any modifications to the Banking Act and does not constitute a legal opinion.