How can we help?

Support topics and answers to frequently asked questions about our products

How can we help?

Support topics and answers to frequently asked questions about our products

Accounts

Yes, Sygnum offers traditional bank accounts (current accounts) in CHF, EUR, USD and SGD. 

Sygnum supports all common payment standards like SIC (Swiss Interbank Clearing), euroSIC, SEPA (Single Euro Payments Area) and SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Sygnum's BIC (Bank Identifier Code), also referred to as SWIFT-Code or SWIFT-BIC, is: SYGNCHZZ. It shall be used together with the recipient's IBAN, name and address for all SWIFT and SEPA payments made to Sygnum.

Incoming cash payments are free of charge. For outgoing cash payments private clients will be charged between 10 and 50 CHF depending on the type of payment.

Custody

Sygnum offers Custody Services for the three largest protocol tokens (based on market capitalisation) Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP). Digital assets need to pass Sygnum's proprietary digital asset risk assessment funnel in order to be eligible for the Sygnum banking platform. In parallel, Sygnum offers Custody Services for a Digital CHF token and is developing Custody Services for asset-backed tokens.

Sygnum offers two types of military-grade secure wallets: Trading and Vault wallets. Trading wallets are comparable to day-to-day current accounts allowing to perform any type of transaction at any point in time, while Vault wallets are comparable to savings accounts with limited types of transactions being possible. 

For the military-grade custody solution private clients will be charged between 40 basis points (bps) and 60 bps per annum depending on the volume of their digital assets held at Sygnum.

Yes, Sygnum accepts deposits and withdrawals in BTC, ETH and XRP. All transactions are subject to a screening through Sygnum's proprietary digital assets screening tool.

Private clients will be charged 10 bps on the size of the transaction and on a transaction-by-transaction basis.

Brokerage

Sygnum currently offers the following trading pairs: BTC/CHF, BTC/EUR, BTC/USD, BTC/SGD, ETH/CHF, ETH/EUR, ETH/USD, ETH/SGD, XRP/CHF, XRP/EUR, XRP/USD and XRP/SGD. In case you would like to directly trade BTC, ETH or XRP against each other, please contact our Trading desk on +41 (0)58 508 21 21

Trade orders can either be placed directly in our e-Banking platform (for trade sizes up to CHF 250'000) or by contacting either our Brokerage desk on +41 (0)58 508 21 21 or your dedicated Relationship Manager.

Due to its very particular setup Sygnum is able to offer nearly instantaneous settlement. The settlement time is primarily depending on the block time of the respective protocol.

Private clients will be charged between 70 bps and 90 bps depending on the size of the trade and on a transaction-by-transaction basis.

Tokenization

Sygnum believes in the long-term value of asset tokenization. Initially, Sygnum is focusing on the tokenization of equity from corporates/SMEs incorporated in Switzerland. In parallel, Sygnum is exploring options to tokenize debt, funds, real estate, commodities, arts and others.

Asset Management

Sygnum Asset Management has built interdisciplinary expertise across digital assets and traditional asset management. We have developed a systematic portfolio construction methodology and have applied it to the following products:

1) Sygnum Digital Assets Multi-Manager Fund: An alpha-oriented digital asset fund of funds, managed by Sygnum Pte. Ltd., which holds a Capital Markets Services (CMS) license, and is regulated by the Monetary Authority of Singapore (MAS)

2) Amun Sygnum Platform Winners Index ETP, which provides beta exposure to foundational blockchain protocols, and is sponsored by Amun

Please navigate to Services > Asset Management on our navigation bar to learn more.

Credit

Sygnum offers digital-asset-backed Lombard loans allowing clients to increase fiat liquidity against pledging of their Bitcoin and/or Ethereum holdings at Sygnum. Lombard loans against Ripple’s XRP is coming soon.

The counterparty must be a Sygnum client holding the Bitcoin/Ethereum to be pledged in a wallet at Sygnum. Furthermore, the counterparty must qualify as a qualified/professional investor.

B2B Banking Services

If you wish to get more information on Sygnum's B2B Banking Services offering, please send an email to b2bbankingservices@sygnum.com or call our Client Services Team on +41 (0)58 508 20 00.

Onboarding

Sygnum focuses on institutional and private qualified investors, corporates, banks and other financial institutions.

According to the Swiss Financial Services Act (FinSA) a private individual can qualify as a private qualified investor, if he/she has the knowledge required to comprehend the risks of the investments based on his/her individual education and professional experience or based on comparable experience in the financial sector and holds assets of at least CHF 500’000.

If you wish to initiate the onboarding process with Sygnum, you can either click on the respective link on our website, call our Client Services team on +41 (0)58 508 20 00 (Mon-Fri, 8:00-17:00 CET) or send an e-mail to onboarding@sygnum.com.

The type of documents we will request depends on multiple factors, including the client segment as well as the onboarding method you prefer. Please contact our Client Services team who will be more than happy to discuss your specific case.

Support

If you require any support, both your dedicated Relationship Manager as well as our Client Services team will be more than happy to provide guidance and assistance whenever you need it. In any case, you can always send an email to support@sygnum.com and we will be in touch shortly.

If you need to reset your login details, please contact our Client Services team on +41 (0)58 508 20 00 (Mon-Fri, 8:00-17:00 CET) or support@sygnum.com.