AEOI – Automatic Exchange of Information

Member countries of the OECD and other countries have decided to introduce the AEOI in order to increase tax transparency. The AEOI requires Swiss financial institutions to identify reportable accounts and to report these to the competent tax authority, which will then forward the information to the tax authority of the respective partner state.

Link to the list of partner states
Link to the AEOI federal act and to the AEOI ordinance

Deposit protection

In case of insolvency of a Swiss bank or a Swiss securities firm, bank deposits up to a maximum of CHF 100'000 are protected. This deposit protection scheme prescribed by Swiss banking law is implemented by esisuisse.

Federal Act on Financial Services (FinSA), General Information

  • The FinSA entered into force on January 1, 2020. Dreyfus Sons & Co Ltd, Banquiers (hereinafter "Dreyfus Banquiers") will implement it step by step within the statutory transition period until December 31, 2021.
  • Dreyfus Banquiers is a bank domiciled in Switzerland and is supervised by the Swiss Financial Market Supervisory Authority FINMA.
    Contact details Dreyfus Banquiers                     Contact details FINMA
    Dreyfus Sons & Co Ltd, Banquiers   Swiss Financial Market Supervisory Authority FINMA
    Aeschenvorstadt 16   Laupenstrasse 27
    PO Box   CH-3003 Bern
    CH-4002 Basel   Tel: +41 61 327 91 00
    Tel: +41 61 286 66 66    
  • Dreyfus Banquiers is affiliated with the Swiss Banking Ombudsman. The Swiss Banking Ombudsman deals with specific client complaints against banks domiciled in Switzerland. It is neutral and treats enquiries confidentially and free of charge. The Ombudsman generally only takes action after a client has submitted his complaint in writing to the bank and the bank has had the opportunity to comment.
    Contact details
    Swiss Banking Ombudsman
    Bahnhofplatz 9
    PO Box
    CH-8021 Zurich
    Tel: +41 43 266 14 14
  • SwissBanking's brochure "Risks Involved in Trading Financial Instruments" contains information on typical financial services as well as on the characteristics and risks of financial instruments. The brochure is also available on request.
  • Dreyfus Banquiers' Best Execution Policy contains the principles for achieving the best possible execution of client orders. It applies to the execution of client orders within the framework of investment management, investment advisory and execution only relationships.
  • Key Information Documents in connection with financial futures transactions (opening transactions for options and futures) are available under the following links of the respective derivatives exchange:
    EUREX
    EURONEXT
    Option Clearing Corporation (OCC)

EU disclosure rules on cross-border tax arrangements - DAC6

  • The "Council Directive (EU) 2018/822 amending Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements" (DAC6) is in force since 1st July 2020.
  • DAC6 envisages reporting obligations for cross-border tax arrangements of EU taxpayers or intermediaries to EU tax authorities, allowing the authorities to act as promptly as possible against any undesirable tax planning models.
  • Possible DAC6 relevant circumstances must be reported by the client, as Dreyfus Banquiers itself is not an EU-related intermediary within the meaning of the Directive and therefore does not carry out such reporting and does not provide any advice or services in this area.

Link to the Directive

Privacy Statement

With this privacy statement, Dreyfus Sons & Co Ltd, Banquiers (hereinafter "Dreyfus Banquiers") fulfils its obligations to provide information regarding the collection and processing of personal data. Any further data protection provisions in contracts or the General business conditions of Dreyfus Banquiers must also be observed.
1. Contact details for data protection concerns
- Dreyfus Sons & Co Ltd, Banquiers, Legal Department, Aeschenvorstadt 16, PO Box,
CH-4002 Basel
- Competent data protection authority (Federal Data Protection and Information Commissioner, Feldeggweg 1, CH-3003 Bern)
2. Data sources and data types
Dreyfus Banquiers primarily processes personal data that clients make available in the context of their business relationship. Insofar as necessary, data from third-party sources (e.g. land registers, commercial register, internet, cooperation partners) may also be consulted or data from prospects, visitors and other business partners may be processed.
Relevant personal data is in particular personal details (e.g. name, addresses and other contact details, date and place of birth, nationality, etc.), legitimation data (e.g. identification data, specimen signatures), transaction data, in some cases third-party data (e.g. concerning life partners, beneficial owners, holders of a power of attorney) or other comparable data.
Dreyfus Banquiers may use cookies on its website. These are files which are stored on your device to track your visit to the website. You can configure your browser so that no cookies are stored on your device or you can delete them.
3. Purpose of data processing
Data processing is carried out for the purpose of providing banking and financial services to clients as well as within the framework of other contractual (e.g. towards other business partners) and pre-contractual measures (e.g. towards prospects).
Furthermore, data is processed for the fulfilment of legal or regulatory information, disclosure or notification obligations (e.g. towards courts, authorities or in connection with the automatic exchange of information) as well as for the protection of other legitimate interests (e.g. towards debt collection registers, for the assertion of legal claims and for the defence in the event of legal disputes, in case of voice recordings, etc.).
4. Data users
Within Dreyfus Banquiers, only those departments that require the corresponding data to fulfil their tasks are granted access ("need to know"). If third parties, such as service providers, are involved, this is done in accordance with banking and data protection regulations, as they are also obliged to comply with banking secrecy and data protection requirements.
Otherwise, information may only be made available to third parties if there is an appropriate basis for this (e.g. law, ordinance, consent, etc.). Under these conditions, the recipients may be authorities (law enforcement agencies, FINMA, etc.), correspondent banks, custodian banks, brokers, stock exchanges, registers or other bodies.
5. Data transfer abroad
Data may be transferred to countries outside of Switzerland in particular if this is necessary for the execution of orders (e.g. for payment or securities orders) or required by law (e.g. for tax reporting obligations) as well as if the appropriate consent has been obtained.
6. Duration of data storage
The duration of the storage of personal data is determined by the purpose of the respective data processing or by statutory retention obligations, respectively. Dreyfus Banquiers therefore retains personal data generally for the duration of the business relationship and then for a further ten years. In some cases, a longer retention period is possible, e.g. in connection with ongoing or anticipated legal claims.
7. Data protection rights
Every person concerned has a right to information, rectification, deletion, restriction of processing and objection. In addition, there is, in principle, a right of appeal to the competent data protection authority as well as a right of revocation with regard to a granted consent to data processing (the latter only for the future).
8. Obligation to provide data
Within the context of the business relationship, personal data which is necessary for the establishment and maintenance of a business relationship or which Dreyfus Banquiers is legally obliged to collect (e.g. identification data in connection with the identification on the basis of money laundering regulations) must be made available. In principle, a business relationship may not be entered into or continued without the relevant data.

Link to the federal act on data protection