Frequently Asked Questions

I live outside of Switzerland. Can I still open an account?

No. At present, you can only open an account if you are resident in Switzerland.

Who is the account-keeping bank?

When you open an account, you enter into a business relationship with NPB Neue Privat Bank AG, Zurich.

What is the minimum investment amount with StoneCap by NPB?

The minimum investment amount at StoneCap by NPB is CHF 100,000.

Who makes the investment decisions with StoneCap by NPB?

The investment decisions are made by the asset management team of NPB Neue Privat Bank.

Who owns the ETFs in my portfolio?

Due to Swiss legislation, all custody assets (securities) remain the property of the client at a Swiss bank.

Can I deposit securities?

Securities cannot be deposited with StoneCap by NPB.

Can I withdraw my money and terminate the asset management contract at any time?

Yes. If you wish to terminate the relationship, you may do so at any time by sending a termination and balance letter.

Are there any fees if I close my account?

If you wish to close your account at the end of the month, you will not be charged any additional fees. If you wish to close your account immediately, you will be charged a fee of CHF 300 (cost of the bank).

Can I withdraw money?

Yes, as long as the invested amount does not fall below CHF 80,000, you can withdraw money.

As a Swiss bank NPB comes under the supervision of the Swiss Financial Market Supervisory Authority (FINMA). Ernst & Young AG have been the bank’s external auditors since it was established. It should be noted that under Swiss legislation all portfolio assets (securities and fiduciary deposits) held at a Swiss bank remain the property of the clients.

As an asset management bank, NPB is very sound financially thanks to its equity ratio, which far exceeds the legal minimum. The credit business has been the principal cause of the small number of bankruptcies and imbalances suffered by Swiss banks in the last 200 years. Against this background NPB is very conservative in its lending; only granting credit when it is collaterally secured. For further credit requirements, we are happy to refer our clients to suitable partners.

Banking secrecy covers all data that is obtained in the course of a business relationship between banks and clients. The client’s right to secrecy is protected under the Swiss Federal Law on Banks and Savings Banks. Discretion at NPB means that this right is observed in every respect, something which is naturally easier for a smaller bank to do.

The NPB Neue Privat Bank AG is an owner-managed Swiss private bank. As entrepreneurs we attach great importance to personal responsibility, performance and foresight. You can find more information about the NPB Neue Privat Bank on the Website.

If you have any questions or need help with the opening process, please feel free to email us to schedule a phone call.