Bank Index

Migros Bank AG

Bank · Zürich, Switzerland · overall 5.2 / 10

Open in Bank Index

How this 5.2 is built

Average of 6 scored needs: 5.2. Regulation in Switzerland: 98/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

Migros Bank AG is recorded in the global register as a bank in Zürich, Switzerland. The register names Swiss Financial Market Supervisory Authority FINMA as its regulator and shows the licence as licensed. Established 1958. Collected from open registers. We have not checked this company by hand yet.

On its own website: “Umfassendes Angebot für Privatpersonen & Unternehmen – Kombination aus digitalen Services & persönlicher Beratung – 70+ Filialen – 4’000+ Geldbezugspunkte”

Legal name
Migros Bank AG
Regulated by
Swiss Financial Market Supervisory Authority FINMA
Licence confirmed
yes, on a regulator's own list
Established
1958
LEI
5493006R1UFP04UR9N08
Website
www.migrosbank.ch/de/privatpersonen.html

Scores, 0 to 10

6.0Europe (EU, EEA, Switzerland)
Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source
6.0Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Best interest on business balances
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
5.0Trade, manufacturing & import-export
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.