SEBA Bank AG

SEBA Bank AG, rebranded to Amina Bank AG in late 2023, is a Swiss bank headquartered in Zug with a banking and securities dealer license from FINMA granted in 2019. It provides combined traditional and digital-asset services, including multi-currency accounts and payments, fiat–crypto trading and brokerage, custody with segregated wallets and cold storage for supported coins and tokens, staking for selected proof-of-stake networks, crypto-secured lending and financing, tokenization and structured products, and discretionary or advisory mandates tied to crypto assets (including products linked to the SEBA Crypto Asset Select Index, SEBAX). The client base is primarily institutional, corporate, and professional investors; access depends on residency, eligibility, and compliance reviews, and availability for retail clients is limited and jurisdiction-specific. Onboarding follows Swiss KYC/AML standards, and travel-rule procedures apply to blockchain transfers involving other service providers. Asset coverage evolves but typically includes major networks such as Bitcoin and Ethereum, with both on-chain transfers and fiat rails supported. Fees usually comprise custody charges, trading commissions or spreads, and account or service fees; detailed pricing is provided during onboarding and often varies by volume and service tier. Cash deposits at the Swiss bank are protected by Swiss depositor insurance (esisuisse) up to CHF 100,000 per client, while digital assets held in custody are not deposits and are not covered by deposit insurance. The group operates through entities in selected international hubs such as Abu Dhabi, Hong Kong, and Singapore, with services governed by local regulatory permissions. Key considerations include market and liquidity risk in digital assets, operational and counterparty risks in custody and trading, staking-specific risks such as lock-ups and slashing, and the potential impact of regulatory changes on product scope and availability.