What type of accounts does Sygnum offer to clients?
Sygnum offers clients both fiat and digital asset accounts, seamlessly integrated in one e-banking solution. Sygnum supports the following fiat currencies: CHF, EUR, USD and SGD with additional fiat currencies available on request. Sygnum offers custody services for a diverse and growing range of cryptocurrencies and asset tokens, click here to view.
What fees does Sygnum charge for incoming and outgoing cash payments?
What fees does Sygnum charge for custody services?
What is Sygnum’s BIC (SWIFT-Code) for transferring cash to a Sygnum account?
Sygnum’s BIC (Bank Identifier Code), also referred to as our SWIFT-Code or SWIFT-BIC, is SYGNCHZZ. It Sygnum’s BIC (Bank Identifier Code), also referred to as our SWIFT-Code or SWIFT-BIC, is SYGNCHZZ. This can be used together with the recipient’s IBAN, name and address for all SWIFT and SEPA payments made to Sygnum.
Can I deposit fiat currency with Sygnum?
Yes, you can deposit CHF, EUR, USD and SGD in Sygnum accounts using SWIFT and SEPA payment systems.
Which payment methods does Sygnum support?
Sygnum supports all common payment standards including SIC (Swiss Interbank Clearing), euroSIC, SEPA (Single Euro Payments Area) and SWIFT (Society for Worldwide Interbank Financial Telecommunication).
Can I deposit crypto assets into my Sygnum account?
Yes, you can deposit your cryptocurrencies at Sygnum. Please find the full list of accepted cryptocurrency deposit types here here.
Can digital assets be withdrawn from a Sygnum wallet?
You can withdraw or make payments with digital assets by withdrawing funds from your Sygnum e-banking platform and sending it to external wallets you own. Please note that when funds are sent to a wallet you own for the first time, transactions need to be verified by Sygnum’s proprietary digital asset screening tool.
This transaction verification by the bank is performed during business hours from Monday to Friday, between 8:00 and 17:00 CET. The transferred assets cannot be disposed of until the respective transaction has been verified.
Does Sygnum offer different types of digital asset wallets?
Yes, Sygnum offers two types of wallets for tokens: trading and vault. The trading wallet includes a comprehensive set of trading features, with the vault wallet typically used for holding funds and includes additional security elements.