Bank | AQUILA

Independence and security

Since 2012, Aquila Ltd. holds a banking license and offers comprehensive custodian bank services exclusively for independent asset managers, family offices and their clients. Aquila Bank does not operate in the mortgage business and runs no proprietary trading which results in a high level of reliability for the entrusted assets. Client funds are predominantly invested with the Swiss National Bank and short-dated government bonds in the respective currency (e.g. Swiss government bonds, treasury bills, gilts, etc.). As Aquila Bank operates no private banking of its own, there are no conflicts between the asset management and the private client business.

Aquila Bank is fully privately owned and offers the highest degree of independence and security. The services offered by the custodian bank are not only aimed at partner companies of Aquila Ltd., but also at all independent asset managers in Switzerland.

Attractive conditions

Our clear and transparent fee models are specially tailored for the needs of independent asset managers and their clients. An overview of the current fees is available upon request.
Our flat rate include: Custody accounting, account management and closing, booking costs, postage and dispatch, as well as domestic payments, quarterly statements and tax statements Switzerland.
We offer foreign tax statements at a low flat rate.

What we offer you as an asset manager

Professional support through personal contact person
Customized compliance, short decision-making paths
We think and act entirely in your interests, because your success is our success
Order entry and secure access through efficient eBanking
Electronic data delivery for your PMS, delivery of PDF and transaction reporting.
High protection of customer data

What we offer your customers

Efficient and fast account opening
Safe custody of the assets
Transparent cost breakdown
Attractive administration fees
Direct access to own accounts through eBanking
Wide geographical coverage of customer domicile countries
Tax statements for numerous countries

FAQ

Can I become a client of Aquila Bank even if I am not an Aquila partner?

You can find all the answers in our FAQ area.

Deposit Guarantee Switzerland

Are my deposits protected by the deposit insurance?

Yes. Aquila Ltd., like every bank and investment firm in Switzerland, is obliged to join the self-regulation of banks for the purpose of safeguarding privileged deposits at Swiss branches, and is thus a member of esisuisse.

In the event of bankruptcy of a bank, the deposit protection system protects customers' credit balances up to CHF 100,000 from loss (according to the regulation in the law). These secured credit balances are paid out quickly. Balances at Aquila Ltd. are protected by the deposit protection system.

If several persons are joint holders of an account, this joint account is treated as its own separate customer in terms of security. If individual persons in such a joint account have their own separate customer relationship with the Bank, assets up to CHF 100,000 are also secured for this separate customer relationship.

Cash bonds deposited in the name of the depositor with the issuing bank are also considered deposits. At www.esisuisse.ch you will find all relevant information on the deposit insurance system.

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Best Execution Policy

Aquila Ltd. has commissioned InCore Bank Ltd. to execute its client orders. Both institutions commit to best execution when executing orders to buy or sell financial instruments. The document "Best Execution Policy" sets out the principles for order execution in order to achieve the best possible result for Aquila Ltd.'s clients when executing orders.

Risks in trading with financial instruments

The new Financial Services Act (FIDLEG), valid from January 1, 2020, regulates the protection for clients of financial services. SwissBanking's brochure serves to provide information about the general risks involved in dealing with financial instruments. The brochure is also available in French and Italian and can be downloaded on this Link .