Bordier’s parent company, Bordier & Cie SCmA, is a Swiss holding company structured as a partnership limited by shares. That means that the managing partners of Bordier bear unlimited personal liability for all commitments entered into by the bank.
Assets deposited with Bordier & Cie SCmA are covered by the deposit guarantee scheme. In the event of a bank failure, the deposit guarantee protects clients’ cash assets against loss of up to CHF 100,000 (in accordance with legal provisions). One of the main tasks of the deposit-guarantee scheme is to make enough money (maximum CHF 100,000 per customer and per bank) available quickly to the customers concerned to enable them to meet their financial commitments.
The assets deposited (e.g. shares and units in collective investment schemes) are the property of the clients and are fully guaranteed. In the event of bankruptcy proceedings, they are, by law, fully withdrawn from the bankruptcy’s assets and returned to the clients.
esisuisse is the banks’ self-regulatory body for deposit guarantees. All banks with a branch in Switzerland must be members of esisuisse. For more information on the deposit guarantee, visit https://www.esisuisse.ch.