Final Assessment

Course Quiz

Swiss Banking & Finance Essentials — 10 questions · 70% to pass · Certificate on completion

Question 1 of 10
How many licensed banks does Switzerland have approximately (FINMA, Dec 2023)?
A 50
B 150
C 246
D 400
Question 2 of 10
What is the Esisuisse deposit protection limit per client per bank?
A CHF 50,000
B CHF 100,000
C CHF 200,000
D CHF 500,000
Question 3 of 10
What is the UBO declaration threshold in Swiss banking KYC?
A 10%
B 20%
C 25%
D 50%
Question 4 of 10
Which Swiss payment format replaced the orange/red payment slips in October 2022?
A SEPA Credit Transfer
B TWINT
C Swiss QR Invoice (QR-Rechnung)
D SIC Real-Time Payment
Question 5 of 10
Neon Business uses which bank as its underlying banking partner?
A PostFinance
B Hypothekarbank Lenzburg
C ZKB Zug
D Raiffeisen
Question 6 of 10
What minimum capital is required for a Swiss FinTech Licence (Art. 1b BankG)?
A CHF 100,000
B CHF 300,000
C CHF 1M
D CHF 10M
Question 7 of 10
Which bank was acquired by UBS in an emergency takeover in March 2023?
A Julius Bär
B PostFinance
C Credit Suisse
D Dukascopy
Question 8 of 10
For large one-off FX conversions (>CHF 50,000), which platform offers the best rates?
A UBS
B Wise Business
C Interactive Brokers (IBKR)
D PostFinance
Question 9 of 10
What does AMINA Bank (formerly SEBA Bank) specialise in?
A Micro-lending
B Cantonal banking
C Digital assets and crypto banking
D Agricultural finance
Question 10 of 10
Swiss banking secrecy in 2024 protects from which authority?
A Foreign tax authorities
B Swiss federal tax authority (ESTV)
C FINMA enforcement
D Interpol