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Investec Bank Switzerland

Investec Bank (Switzerland) AG

Private banking in Switzerland

We deliver our services in Switzerland through Investec Bank (Switzerland) AG, a private bank based in Zurich with a representative office in Geneva. The bank prides itself on a record of retaining long-standing client relationships through the provision of a high quality service and consistent technical support.

Investec Bank (Switzerland) AG provides a niched, focused strategy that has made it a private bank of choice for ultra high net worth entrepreneurial clients. We blend the innovative spirit of the Investec Group with the principles of trust and superb service associated with Swiss private banking. This has resulted in the bank being utilised as the booking centre for the entire European Wealth Management business. Our boutique approach ensures we are correctly positioned to out-think, not out-muscle the competition. This explains why our unique offering continues to attract successful entrepreneurs and self-directed, international clients.

Regulatory environment

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 legal 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.