Banking plays a central role in the Swiss economy. Among the most important attributes of Swiss banks, safety is among the most prominent. All banks operating in Switzerland are licensed and regulated by FINMA, the Swiss Financial Market Supervisory Authority. FINMA is a member of the Basel Committee on Banking Supervision, which formulates standards covering the safety as well as the prudential guidelines for equity and capital adequacy of banks worldwide.

In Switzerland, however, Swiss law demands capital adequacy standards even higher than those required by the Basel Accords (Basel I, Basel II, & Basel III). As a result, Swiss banks can certainly be counted among the safest in the world.

Most Swiss retail banks do not require a minimum deposit for an ordinary current or savings account. However, some of the private bankers and other banks offering private banking and wealth management services do require a minimum deposit.

St. Columbanus AG has partnered with both retail and consumer oriented banks as well as with private banks in order to offer each client a full range of options to ensure both high quality financial services and the strongest available deposit protections.