Deposit protection in Switzerland

Are my deposits protected under the deposit insurance esisuisse?

Deposit insurance protects the credit balances of private and corporate clients in the event of a bank or securities firm’s bankruptcy. This guarantee is regulated by law. The protection is limited to a maximum of CHF 100,000 per client and institution. Multiple accounts are added together. esisuisse guarantees that it will cover protected deposits as part of the self-regulation of Swiss banks and securities firms.

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