The bank falls under the regulation of the Federal Banking Commission of Switzerland.  The Commission has an outstanding record of regulating banks and there have been very few instances of bank failure in Switzerland.  A contributor to this is the strict regulation regarding the segregation of client assets from those of the bank, hence all investments, except current account balances are fully ring fenced.  Banks are also obliged to hold adequate capital and liquidity reserves.  Investec Bank (Switzerland) AG has a 30-year unblemished record of regulatory compliance.

Security of client information

All client information of Investec Bank (Switzerland) AG is retained in Zurich. Data processing is effected on a standalone system controlled and located wholly in Switzerland.  There is no sharing of client data with other group companies unless we were to be obliged to do so under a Swiss court order.

Instruction of money or securities transfers

All transfers of assets to accounts external to Investec Bank (Switzerland) AG require an instruction in writing from the client. The bank may at its discretion choose to call the client to confirm the veracity of the instruction.  All instructions will be checked against signatory cards held at the bank.  A person other than the client may instruct a third party asset transfer only when the client has authorised the third party under a General Power of Attorney. Limited Power of Attorney does not permit the third party advisor to instruct transfers.