Fiduciary term and call deposits
Fiduciary deposits allow private and institutional clients to invest their cash in international money markets. Bank Sarasin places these investments in its own name with foreign banks, on the client’s own account and at his own risk. We are obliged to pass on to the client the conditions offered to us, but do charge the fiduciary fee based on the size of the investment.
Key features
- Attractive rate of interest and good flexibility
- Call deposits can be withdrawn at any time, subject to 2 business days’ notice
- Fixed-term deposits can be invested up to 12 months
- Interest income is not subject to Swiss withholding tax, but EU savings tax is payable
- Client must first sign a fiduciary agreement
- Minimum deposit CHF 100,000, EUR 70,000, USD 70,000, GBP 50,000, additional currencies available on request
- Fiduciary commissions and administration fees in accordance with our fee schedule
