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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 ...
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.
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Numbered bank accounts are bank accounts wherein the identity of the holder is replaced with a multi-digit number known only to the client and selected private bankers. [ 1 ] [ 2 ] Although these accounts do add another layer of banking secrecy , they are not completely anonymous as the name of the client is still recorded by the bank and is ...
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The following year, it released its online trading platform to reinforce its online banking services. To comply with the law and EU directives, the banking activities had to form a distinct subsidiary in 2006, called La Banque postale. It received the official status of a bank while it had remained a public savings bank until then. [4]