BANQUE J. SAFRA SARASIN (LUXEMBOURG) SA, SUCURSAL EN ESPAÑA

BANQUE J. SAFRA SARASIN (LUXEMBOURG) SA, Sucursal en España is the Spanish branch of a Luxembourg credit institution belonging to the J. Safra Sarasin group, focused on private banking and wealth management for high-net-worth individuals, families, and selected institutions. Operating in Spain under the EU freedom of establishment, it is subject to home-country prudential supervision by the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, while conduct of business in Spain is overseen by the Banco de España for banking activities and the CNMV for investment services. The branch typically offers discretionary portfolio management, investment advisory under MiFID II, execution and custody, access to third-party and in-house funds (including products categorized under SFDR where applicable), structured products, foreign exchange, and lending secured against investment portfolios (Lombard). Account opening and service access depend on standard AML/KYC checks, client classification, and suitability/appropriateness assessments. Pricing is generally bespoke and disclosed ex-ante under MiFID II, with common charges including custody fees, management or advisory fees, transaction commissions, FX spreads, and lending margins; inducements/distribution fees may apply on certain products and must be disclosed. Deposits booked with the Luxembourg entity are protected by the Fonds de garantie des dépôts Luxembourg up to €100,000 per depositor, and eligible investment business may be covered by the Luxembourg investor compensation scheme (SIIL) up to applicable limits; investment products are not deposits and can result in loss of capital, including from market, credit, liquidity, and currency risks. Digital channels are oriented to portfolio information, reporting, and instructions rather than mass-market payments. Complaints can be raised with the branch and, if not resolved, escalated to the Banco de España or CNMV as relevant, or through the CSSF’s out-of-court procedure for Luxembourg institutions. Clients should verify current permissions, product availability, and protections in the official registers and contractual documents before engaging.