Legislation - Bank accounts

Opening an account

General terms of account management form​
Circular 2396-06
Opening and managing a current account with no credit facility
Proper Conduct of Banking Business Directive 422

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General directives for account management

Business day at banking corporations
Proper Conduct of Banking Business Directive 402
Activity of a banking corporation in a closed system
Proper Conduct of Banking Business Directive 417​
Retention of documents​ Proper Conduct of Banking Business Directive 419

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Customer benefits and solicitation of contributions

Benefits to customers
Proper Conduct of Banking Business Directive 403
Clarifications concerning benefits to customers
Circular 2137-06
Benefits to customers’ employees​ Proper Conduct of Banking Business Directive 404​
Solicitation of contributions from customers by employees of a banking corporation​ Proper Conduct of Banking Business Directive 410​
Joint account and joint safe deposit box​ Banking Ordinance—Joint Account and Joint Safe Deposit Box​
Joint accounts—“survivors” clause​ Proper Conduct of Banking Business Directive 434​

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Special customers

Minors’ accounts
Proper Conduct of Banking Business Directive 416
Banking services for new immigrants
Proper Conduct of Banking Business Directive 406

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Instructions from customers and actions without explicit instruction

Telephone instructions
Proper Conduct of Banking Business Directive 435
Investment on customer’s account without customer’s explicit consent
Proper Conduct of Banking Business Directive 407
Offsetting against savings schemes​​ Proper Conduct of Banking Business Directive 438

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Credit facilities

Management of credit facilities in current accounts
Proper Conduct of Banking Business Directive 325

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Closing of account

Transferring activity and closing a customer’s account
Proper Conduct of Banking Business Directive 432

Further information regarding current accounts