VZ VermögensZentrum Bank AG

VZ VermögensZentrum Bank AG is the banking arm of the VZ Group (VZ Holding AG, listed on SIX under VZN) and focuses on custody, investment, and retirement solutions rather than full-service retail banking. It is supervised by FINMA and participates in the Swiss deposit insurance scheme (esisuisse), which protects up to CHF 100,000 per client per bank; securities held in custody are segregated from the bank’s balance sheet under Swiss law. The offering centers on custody accounts with e-banking and mobile access, securities trading on major markets, ETF- and fund-based portfolios, and tax-advantaged retirement and vested benefits solutions provided via affiliated VZ foundations. Discretionary and advisory mandates are available, alongside mortgage brokerage and broader financial planning services covering taxes, estate, and pensions; the group also serves companies with occupational benefits (BVG) consulting. The fee model typically combines custody and transaction charges, with the group stating it does not accept retrocessions and discloses all costs; exact pricing depends on the service package and portfolio size. Physical presence is through advisory centers in major Swiss cities, while day-to-day payments and cash services are not a core focus, so clients often maintain a separate everyday banking relationship. Eligibility and product availability can depend on domicile and regulatory constraints, and investors should consider market, currency, and cost risks associated with the selected instruments.