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Postfinance Ltd (own spelling PostFinance) is a subsidiary company of the state-owned Swiss Post, [3] whose foundations date back to the early 20th century as the financial services department of Swiss Post. [4] Postfinance is active in retail banking and business client business and as such is one of the largest Swiss financial institutions. [5]
Swiss Post (German: Die Schweizerische Post [diː ˈʃvaɪtsəʁɪʃə pɔst]; French: La Poste suisse [la pɔstə sɥis]; Italian: La Posta Svizzera [la ˈpɔsta ˈzvittsera]; Romansh: La Posta Svizra) is the national postal service of Switzerland.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2010s, this has become the most common way that ...
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In exchange for banking services, the Swiss government charges "a low, lump-sum option on the money they bank", after which Swiss tax authorities consider client tax burdens "settled". [161] After the Banking Law of 1934 was passed, Swiss bankers traveled across Europe to advertise the country's banking secrecy during World War II . [ 7 ]
The Swiss Banking Act or Federal Act on Banks and Savings Banks [a] is a Swiss federal law and act-of-parliament that operates as the supreme law governing banking in Switzerland. Although the federal law has only been amended seven times , it has been revised multiple times to limit and expand its banking secrecy provisions since its ratification.
In 1997 PTT was split into two companies: Swiss Post) and Swisscom. The PTT Archive is operated on their behalf by the Swiss Foundation for the History of the Post and Telecommunications. [1] Under Swiss archival law, Swiss Post and Swisscom, as successors of PTT, are bound to preserve the archive and make it accessible to the public.
Job searching is conducted online by 33% of the population. In the realm of e-commerce, 87% of users research products, 82% make purchases, 76% compare prices, and 36% sell items online. The study also finds that 77% of Swiss internet users utilize online banking services. [9]