Data Protection Websites

Information on data protection with respect to the use of our websites.

General Terms

This information supplements our data protection declaration with respect to our Bank’s website (swissTbank.com “).

When you visit the STB website our web server automatically records certain details of your visit (e.g. your IP address, the website you are visiting us from and the STB website you are visiting, including the date and duration of your visit). Tracking data is used to optimise the offering on the STB website and provide information on how you find out about our products and services and how you use them. However, it does not allow you to be identified; no personal data is processed in this respect.

Personal Data

If you provide us with your personal data (such as your name, gender, address, e-mail, telephone or fax number) via the STB website using a form or another method, our Bank may use this data for the following purposes in accordance with section 2.4:

  • Client and user administration
  • Internal marketing purposes and to keep you informed about our products and services
  • Technical management and development of the STB website

Map Services

Google Maps is used for all of the website’s map services. By using these services, you accept the terms of service of Google and Google Maps as well as the privacy policy of Google and declare that you agree to Google using personal data in accordance with its privacy policy (Google Inc.).

Security of data transmission

When you visit the STB website your data is transmitted over the internet, an open network that is accessible to everyone. Data that you transmit to our Bank via electronic media (such as e-mail) or have transmitted to you by our Bank is generally not encrypted. This involves the following specific risks:

  • Even if the sender and recipient are in Switzerland, data may be transmitted abroad on an uncontrolled basis via countries whose data protection laws are not comparable to those of Switzerland.
  • The identity of the sender (e.g. e-mail address) and the content of the message may be simulated or otherwise manipulated by unauthorised persons.
    Electronic messages may contain malware that is executed when the message is read and may cause substantial damage. To prevent viruses we recommend using the latest versions of browsers and installing continually updated anti-virus software.
  • The exchange of information may be delayed or interrupted by transmission errors, technical faults, interruptions, malfunctions, illegal interference, network overload, malicious blocking of the network by third parties, or other deficiencies.

Last updated: January 2022 

Cookie Policy

Information about the use of cookies on our website and apps.

What do we mean by cookies?

Cookies created in a web environment or app are small text files that are stored on your device. This enables the website or app to remember specific entries and settings (for example, your login, language, usage, preferences and statistics) over a certain period of time to optimise user experience, security and analysis in particular.

Which cookies do we use and why?

We use the following types of cookies for the following purposes:

  • Strictly necessary cookies: These cookies are technically required for the functionality of the website and the provision of the website content and services (for example, use of the shopping cart or further surfing on sub-pages).
  • Statistical cookies: These cookies gather information about users’ technical behaviour on the website and (for example, how frequently the website or sub-pages are visited, the security of the website, error messages, loading times for the website and the website display in different browsers).
  • Preference cookies: These cookies allow individual settings to be made and stored (for example, by saving settings such as the language selected) to enhance the user experience when visiting the website.
  • Marketing and tracking cookies: These cookies are used to show you content tailored to your interests within the Swiss T Bank website.

Which third-party cookies do we use?

We use third-party cookies as well as our own cookies. Please note that as a result of the technical and organisational measures in place, third-party providers are unable to identify specific users.

The following overview shows third-party tools that are used to improve customers’ experience on the website, as well as the purpose of the tools and the duration for which cookies are kept.

How can you prevent the use of cookies or delete them?

You can disable the use of cookies at any time by deleting the cookies placed by the website. The technical instructions within the browser settings include information such as how you can delete cookies in your browser. Alternatively, you can use the keyboard shortcut Ctrl+Shift+Delete to open the relevant settings window in most browsers.

You can use the following link to view the activation status of cookies from different providers and disable the collection or analysis of your data by their cookies: Set preferences (source: EDAA). This does not include cookies that are strictly necessary; the website will not function without technical cookies.

Last updated: April 2022

KYC/AML/Patriot Act

Legal notices regarding supervision, money laundering and the Patriot Act.

Please read the following important legal notices regarding supervision, money launderiing and the Patriot Act.

Know Your Customer (KYC)

Swiss T bank has its headquarters in Zurich, Switzerland, and is supervised by the Swiss Financial Market Supervisory Authority (FINMA). The confirmation that Zürcher Swiss T Bank is licensed to conduct banking activities can be found on the FINMA website.

The latest annual report of Swiss T bank, the list of current Board members and further information is available on our website.

Anti Money Laundering (AML)

Swiss T bank is subject to provisions on Anti Money Laundering (AML) under Swiss Law, which are in accordance with the FATF recommendations (Switzerland is a member country of the Financial Action Task Force FATF). This means in particular that Swiss T bank has to identify its clients and establish the beneficial owner’s identity. The AML compliance policies approved by the Management Board include inter alia the processes for the identification of customers and establishing the identity of the beneficial owner. The policies also cover the collection of information regarding customers’ business activities, relationships with Politically Exposed Persons and record retention procedures. Furthermore, Swiss T bank regularly provides AML training to relevant employees and does not provide banking services to any bank that does not maintain a physical presence in any country and that is not a regulated affiliate. The anti-money laundering policies are applicable to head office and branches alike and are in accordance with the Wolfsberg anti-money laundering principles.

Patriot Act

Swiss T bank has prepared a global Patriot Act Certification for use by any financial institution that believes it requires a Patriot Act Certification from Swiss T bank. Please use this certification instead of asking Swiss T bank to complete a separate certification form.

Transaction Monitoring

Swiss T bank has an automated monitoring programme for unusual and potentially suspicious activity. Due to the statutory provisions of Swiss Law, a report to the Authorities must be submitted, if the assets involved in the business are connected with a criminal organisation or money laundering, originates from a crime or serve the financing of terrorism.

Sanction Screening

Swiss T bank has procedures to regularly screen its clients (natural persons and legal entities) and their transactions against sanctions lists.

Whistleblowing

Secure system for reporting alleged malpractices, even anonymously, if necessary.

General

The integrity and reputation of Swiss T bank are among the most important assets of the company. For this reason, Swiss T bank and its subsidiaries rely on their employees and third parties (e.g. customers, suppliers, competitors) to learn of alleged malpractices within the organisation. Employees who submit a report in good faith do not have to fear any disadvantageous consequences.

Reporting platform

Swiss T bank has established a highly secure reporting platform (BKMS® reporting system) for the reporting of alleged malpractices within the organisation, even anonymously, if desired. Examples of malpractice include violations of criminal, regulatory or administrative laws as well as other legal regulations and internal rules. Please direct customer complaints as usual to our contact offices: Contact us

Independent report-processing office

Reports can either by entered via the BKMS® reporting system or sent in letter form to the independent report-processing office.

Further process

Relevant violations are forwarded by the attorney’s office Streiff von Kadel AG to a trusted employee of Swiss T bank and then investigated by the competent office in accordance with the internal rules and regulations. Consideration is given to potential conflicts of interest.

Confidentiality

All information and investigations are handled confidentially. The employees of the report-processing office are subject to business and banking secrecy.

Thank you very much

Your reports will help us avert financial damage, protect our reputation and ensure the long-term success of the organization. Thank you for your valuable support.

Last update: February 2022

 

Important legal information

Anyone accessing this website, the pages contained on it, and the information, tools and material contained or described herein (the “Website”), implicitly agrees to the terms and conditions (the “Terms”) set out below.
The Terms are subject to change without notice, from time to time in STB’s sole discretion. Therefore, they should be reviewed whenever this Website is accessed. Access to and use of this Website may be restricted or terminated at any time.
The use of this Website may be monitored, tracked and recorded. Anyone using this Website expressly consents to such monitoring, tracking and recording. 

Access subject to local restrictions

The information on this Website is not intended for use by or distribution to any individual or legal entity in any jurisdiction or country where (i) the distribution, publication or use of such information would be contrary to the law or regulatory provisions; or (ii) such distribution is prohibited without obtaining the necessary licenses or authorizations and such licenses or authorizations have not been obtained by STB.
Individuals or legal entities in respect of whom such prohibitions apply, whether on grounds of their nationality, their place of residence or on other grounds, must not access or use this Website.
The information on this Website are not directed to US persons.

No offer or recommendation

This document has been prepared solely for information purposes. 
The information contained herein should not be construed as a marketing communication, financial research or analysis, an offer, a public offer, an investment advice, a recommendation or solicitation to buy, sell or subscribe to financial instruments and/or to the provision of a financial service. Further, this document is not intended to provide any financial, legal, accounting or tax advice and should not be relied upon in this regard. 
The information provided in this document is not the result of a financial research conducted by STB’s research department. Therefore, the “Directive on the Independence of Financial Research” issued by the Swiss Banking Association does not apply to it. 

Availability, suitability, no advice and need for independent assessment

Financial services or investment instruments mentioned on this Website may not be eligible/suitable for or available to residents of certain countries or certain categories of investors. 
The information on this website does not take into consideration the specific investment objectives, financial situation, tax situation or needs of any investors and is not intended to provide any investment, legal, accounting or tax advice and does not constitute a representation that any investment or financial service is suitable or appropriate for individual circumstances, or otherwise constitutes a personal recommendation for any specific investor, and should not be relied upon in this regard.
Prior to making any investment decision, investors should fully understand the risks and merits, as well as the legal, tax and accounting characteristics and consequences of the transaction, and make their own independent assessment and determination that the investment is consistent with their individual circumstances and financial objectives and that they are able to assume all risks involved. Investors are advised to independently assess with their own professional advisors the specific financial risks as well as legal, regulatory, credit, tax and accounting consequences of any transaction.

Forward-looking statements

This Website may contain statements that constitute “forward looking statements”. While these forward-looking statements may represent STB’s judgment and future expectations, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from STB’s expectations. STB is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events, or otherwise.

Risk considerations

Investing entails significant risks, including but not limited to a partial or even total loss of the invested capital. The price/value of investments and the income derived from them can fall as well as rise, and past performance should not be taken as an indication or guarantee of future performance. Certain investments are subject to high volatility and may experience sudden and large falls in their value.

No warranty and exclusion of liability

The information and data contained on this Website have been obtained from sources believed to be reliable and STB has exercised the utmost care in compiling such information. However, no representation or warranty (whether express or implied) may be provided that any information published on this Website is accurate, reliable, up-to-date or complete. In particular, STB is under no obligation whatsoever to update or remove outdated information or opinions from this Website or to mark them as being outdated. The information and opinions contained on this Website are subject to change at any time without notice. 
To the fullest extent permitted by applicable law, in no event shall STB, any affiliate, including any director, agent, employee, or sub-contractor, be liable for any direct or indirect loss or damage, including but not limited to loss of profit and incidental or consequential damages, that may be suffered as a result from the use of this Website or the information provided or omitted on this Website.

Intellectual property, copyright and trademark rights

All components of this Website are protected by intellectual property laws and are the property of STB or third parties. Users shall not acquire any rights, including rights in or to any software, trademarks or components of this Website, by downloading or printing any material from this Website. Copyright notices and trademarks may not be changed or removed. Components of this Website may not be reproduced in whole or in part in any manner or form (including electronic or printed form) without the prior written consent of STB and unless full acknowledgement of the source is provided.
Users are not permitted to create hyperlinks or online links from other websites to this Website without the prior written consent of STB.