Here you will find answers to numerous, regularly occurring questions.
What is the threshold for becoming a Private Banking customer?
For us, any customer with assets of at least approx. 200,000 Francs is a Private Banking customer. In order to meet your requirements in the best possible way, we keep this «threshold» flexible. For example, anyone who would like to invest in derivative products or who wants to have an expert investment consultation based on their future financial situation is of course welcome as a Private Banking customer.
What are the advantages of being a Private Banking customer?
Your personal investment advisor provides you with individualized support as a Private Banking customer at one of our five locations or also at your location. Women customers can also elect to work with a female advisor within the scope of our BKB-Lady-Consult service. All of our advisors have in-depth knowledge of the financial markets and the various investment vehicles – from simple stocks and bonds, to derivatives and structured products. They will help you find the ideal investment strategy for you based on your personal circumstances, your risk tolerance, and your financial goals.
What investment options are right for you?
When it comes to investments, there is no right or wrong. What’s important is that the investment option is tailored perfectly to your needs, your current and future financial situation, and to your level of risk tolerance. We take a multi-step approach to analyzing your situation in a personal consultation. First, we determine your financial goals based on your personal needs. Next, after identifying your personal risk tolerance, we create an investment profile and building on that, work with you to determine your optimum investment strategy.
For whom is an asset management mandate suitable?
On the one hand, you have at least 250,000 Francs that you wish to invest over the medium to long-term in the financial markets. On the other hand, you don’t wish to make buy and sell decisions yourself. Then an asset management is right for you. You can rest assured that your assets are always invested ideally by our financial market specialists after thorough analysis of all relevant information. Your advisor will be happy to explain further details in a personal consultation.
Are there numbered accounts at BKB? And if so, how is such an account different from a normal account?
On request you can maintain a numbered account with us. Numbered account relationships are not a vehicle for money laundering. They are subject to the same obligations of due care as traditional accounts. The identity of the account holder is known to us, and the origin of larger inflows of funds is investigated. In contrast to a normal account, however, the account holder is ensured a high level of anonymity within the Bank, as access to the customer name and personal customer data is limited to a select few employees.