PostFinance AG

PostFinance AG is a Swiss retail and corporate banking provider wholly owned by Swiss Post Ltd, headquartered in Bern, and licensed as a bank since 2013 under FINMA supervision. It is designated systemically important in Switzerland, which entails elevated capital, liquidity, and resolvability requirements. The business focuses on payment transactions, current and savings accounts in CHF and EUR, debit cards (PostFinance Card) and credit cards issued via partners, investment and pension solutions, an online brokerage, e-commerce payment acceptance, and cash management for businesses and public entities. Due to legal constraints linked to federal ownership, PostFinance does not grant loans or mortgages from its own balance sheet and instead intermediates third-party credit products; customer deposits are largely placed with the Swiss National Bank and in high-quality fixed-income instruments, making earnings sensitive to interest-rate conditions. Access is primarily digital, complemented by services at Swiss Post counters, a nationwide Postomat ATM network, and mobile and web banking, and it supports standards such as TWINT, eBill, and the QR-bill. Accounts are mainly available to customers domiciled in Switzerland, with onboarding and product availability subject to regulatory and compliance limits. Deposits are covered by the Swiss deposit insurance scheme up to CHF 100,000 per client per bank. Pricing follows published schedules and varies by account type and usage, with fees applying to certain cash services, international payments, currency conversion, and use of third-party ATMs. As a subsidiary of Swiss Post, PostFinance publishes audited annual and interim financial statements and regulatory disclosures, and political discussions about potential changes to its ownership structure and lending restrictions have been ongoing in recent years.