What is PostFinance Switzerland?

What is PostFinance Switzerland?

PostFinance is the financial services unit of Swiss Post which was founded in 1906. It is the fifth largest retail financial institution in Switzerland. Its main area of activity is in the national and international payments and a smaller but growing part in the areas of savings, pensions and real estate.

What is the swift code for PostFinance Switzerland?

POFICHBEXXX
Details for transfers to your account

PostFinance’s BIC (SWIFT code) POFICHBEXXX
Name/address of beneficiary bank PostFinance Ltd Mingerstrasse 20 3030 Bern Switzerland
Beneficiary’s account number Beneficiary’s IBAN Find your IBAN
Beneficiary’s name Account holder’s name / address

How can I open PostFinance account?

Open your account at a PostFinance branch or post office Drop in and open your account at a location of your choice. If your company has an entry in the commercial register, a current extract from the commercial register is required to enter into a business relationship.

How do I pay my PostFinance card online?

Shopping with your smartphone

  1. In the online shop, tap the “PostFinance Card” payment option and then “Pay with PostFinance App”
  2. The PostFinance App opens automatically.
  3. Use your fingerprint or face ID to confirm your identity.
  4. Choose the card with which you want to pay.
  5. Click on “Pay”

Is PostFinance AG a bank?

PostFinance AG is the 7th largest bank in Switzerland in terms of total assets. In 2020 its total assets were 117,19 bln CHF, providing the bank with the market share of 3.39%.

Is PostFinance regulated?

PostFinance Ltd is regulated by the Swiss Financial Market Supervisory Authority (FINMA) and has been granted a licence in accordance with the Banking Act.

What is POSB Swift code?

DBSSSGSG
To receive funds from an overseas party, you are required to provide DBS/POSB Bank’s Swift Code DBSSSGSG.

What is the clearing number of a bank?

Bank clearing numbers are unique numbers used to identify each bank agency or branch in the bank directory. This information is required for electronic payment.

How can I close my PostFinance account online?

You must have an e-finance login for cancellation via chat. Start the chat by entering “Cancel account”. You will be guided through the cancellation process with a few questions. You will then receive confirmation by post.

How do I deposit money into PostFinance?

The simplest way to pay cash into your own account at PostFinance is by using your PostFinance Card. You do not have to enter your PIN. The amount is credited to your account on the same day. If you do not have a card, fill in the inpayment slip and write “Own account” in the amount field.

What is post financing?

Letter of credit post-financing is a financial instrument under which confirming bank provides a loan to the letter of credit issuing bank, funding the exporter at sight after examining the documents submitted under the letter of credit subject to their compliance with letter of credit terms.

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