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General Information

Money-Market Transactions

Here you will find a brief description of the most common products that protect against interest rate risks.

Time Deposit

Objective

To facilitate cash management, as a short to medium-term investment for liquidity.

Brief Description

A time deposit is an investment at a fixed rate of interest for a certain term of between one month and a year (overnight deposits are also time deposits). Time deposits are available with terms of up to 29 days for CHF 500,000 and terms of over 30 days for CHF 100,000, or the equivalent in foreign currency. 35% withholding tax is deducted from the interest income. Investors who expect interest rates to rise should choose short-term investments. This way, capital can be reinvested at higher rates of interest. If interest rates are expected to fall, the capital should be invested for as long as possible, so as to profit from higher interest rates throughout the term of the investment.

Profit Potential

None

Risk

Credit risk (credit rating of bank)
Exchange rate risk (in the case of foreign currency investments)

Personal Consultation

We're always here for you, and that's on a personal level too. You can reach us on freephone 0800 88 88 74* or via the contact form.

 

* Telephone calls can be recorded.

Fiduciary Deposit

Objective

Tax-efficient investment. A fiduciary deposit is a fiduciary investment placed with an overseas bank and not subject to withholding tax. The investment is made in the name of Credit Suisse, but for the account and at the risk of the customer. Processing is normally carried out by Credit Suisse AG Guernsey Branch, for larger amounts investments can also be made at other banks on the euro market.

Fiduciary Time Deposits

An investment at a fixed rate of interest for a certain term of between 7 days and 12 months.

  • Minimum amounts: 7 to 25 days term: amounts above CHF 500,000 or equivalent in foreign currency
  • Minimum amounts: more than 25 days term: amounts above CHF 50,000 or equivalent in foreign currency
  • Commission: dependent on investment sum. Between 0.125% p.a. and 0.5% p.a.,
    min. CHF 200

Fiduciary Call Deposits

A short-term investment with no fixed term and with interest rates that are continually adjusted in line with market rates.

  • Minimum amount: CHF 500,000 or the equivalent in foreign currency
  • Term: no limit (subject to 48 hours' notice)
  • Commission: dependent on investment sum. Between 0.125% p.a. and 0.5% p.a.,
    min. CHF 200

Risk

Credit risk (credit rating of the foreign bank); exchange rate risk (in the case of foreign currency investments); possible transfer risk.

Prerequisite

A signed fiduciary agreement

Personal Consultation

We're always here for you, and that's on a personal level too. You can reach us on freephone 0800 88 88 74* or via the contact form.

 

* Telephone calls can be recorded.

 

Dual Currency Deposit (DCD)

Objective

Short-term investment earning more interest than a conventional time deposit.

Brief Description

Structured time deposit at a fixed interest rate for a specified term from one week to one year. On opening, an exchange rate against a reference currency is specified.
On maturity, the currency for the repayment of capital and interest depends on whether the exchange rate is above or below the agreed exercise price. Example CHF investment: If the exchange rate is above the strike price at maturity, then the capital and interest will be repaid in the investment currency. If it is lower, the capital and net interest are converted into the reference currency on the basis of the exercise price and are repaid in that foreign currency. A higher interest rate is possible on this time deposit because the client bears a foreign-exchange risk.

Dual currency deposits are possible starting from an amount of USD 70,000 (or the equivalent in another currency), and they are subject to withholding tax. This form of investment is advisable only if there is no problem should the foreign currency be used for the payment at maturity. However, the DCD is also suitable for investing foreign currencies. In this case, if the exchange rate is above the agreed exercise price at maturity, the repayment is made in Swiss francs; otherwise, it is made in the investment currency.

Profit Potential

Higher interest than on conventional investments.

Risk

Exchange rate risk, credit risk (credit rating of bank)

Similar Product

FINER (same mechanism, but in connection with a fiduciary investment)

Personal Consultation

We're always here for you, and that's on a personal level too. You can reach us on freephone 0800 88 88 74* or via the contact form.

 

* Telephone calls can be recorded.

Call Account

Objective

Facilitate cash management; short-term investment of liquid assets.

Brief Description

  • Call accounts are offered in CHF, EUR, USD, GBP, YEN, CAD, AUD, NOK, SEK, NZD
    and ZAR.
  • Call money is an investment without a fixed term, where the interest earned is continuously adjusted to the market rate.
  • The interest starts 48 hours after the transfer. Investors have the possibility of using or withdrawing amounts by giving a 48 hours notification.
  • The interest rate is set in accordance with the invested amount (new), and also in accordance with the current money market situation.
  • Your relationship manager will be glad to inform you of the current rate.
  • The minimum investment amount for opening is
    CHF 250,000 and minimum transfer amount is
    CHF 10,000 or equivalent value in a foreign currency.
  • Your monthly closing statement will show you the current applicable interest rate together with interest rate developments in the current year.
  • Each month, the interest will be credited to your linked Private or Current account.
  • The call money will be managed as an account. Account management is free of charge.
  • You will receive monthly account statements showing amounts credited and withdrawn, as well as the current account balance.

Profit Potential

Rising interest rates and the growing amount of the investment lead to higher interest earned by the Call account.

Risk

Interest and currency risk

For further information, see the product flyer or call your relationship manager.

Download product flyer PDF (342KB)

Personal Consultation

We're always here for you, and that's on a personal level too. You can reach us on freephone 0800 88 88 74* or via the contact form.

 

* Telephone calls can be recorded.

Secondary Content

Contact

Telephone 0800 88 88 74  

(free of charge) *