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| I was given to understand that the pension fund (3rd pillar 3 A) and the freizuezigkeitskonto (vested benefits blocked account) is fully guaranteed because its safeguarded by the government in whichever bank we maintain the account. Is my understanding wrong?? | |
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No special guarantees for 3a and Fz accounts. Some legislators are recently demanding such guarantees. Nothing decided yet.
The standard guarantee of 30k is not from the Government. The consortia of all Swiss banks promise to help the investors of the bankrupt bank. Consequently, amounts up to 30k are safer in a small bank! Imagine a big bank becoming insolvent. The others would not be able to rescue
