Privacy Policy

1. Regulatory Scope & Applicable Law

Swthe Banks operates as a consolidated financial network comprising specialized banking divisions including Bank Svwþqh, Bank Filænks, Bank Flæmës, and Bank Ragœnks.

Data collection and processing routines across all group entities strictly adhere to the Swiss Federal Act on Data Protection (FADP), the General Data Protection Regulation (GDPR - Regulation EU 2016/679), and relevant financial market supervisory standards.

2. Categories of Information Collected

To maintain institutional custody, execute trading operations, and satisfy global compliance mandates, we process the following categories of data:

• Institutional & Client Identification Data: Full legal name, corporate registration records, tax identification numbers, proof of address, and beneficial ownership declarations.
• Financial & Transactional Data: Account numbers, custody holdings, cross-border wire histories, FX order routing logs, and credit facility agreements.
• Technical & Telemetry Data: IP addresses, session tokens, browser signatures, and encrypted audit logs collected during access to online banking panels or API endpoints.

3. Legal Basis & Purpose of Processing

Personal and corporate data is processed strictly under the following legal bases:

4. Data Sharing & Cross-Border Transfers

Swthe Banks does not sell, lease, or monetize client data under any circumstances. Information may be shared strictly on a need-to-know basis within our internal banking subsidiaries (Bank Svwþqh, Bank Filænks, Bank Flæmës, Bank Ragœnks) for multi-jurisdictional account settlement.

External transfers occur solely to designated clearing networks, central securities depositories (CSDs), or regulatory authorities when compelled by binding judicial or statutory requirements.

5. Security Standards & Data Retention

We employ end-to-end multi-layer encryption protocols, hardware security modules (HSMs), and isolated vault storage for all digital records. Personal data is retained for the duration of the institutional relationship plus ten (10) years following account closure to satisfy statutory banking retention mandates under Swiss and EU law.

6. Data Subject Rights

Under applicable data protection laws, clients and authorized representatives hold the right to:

• Request formal confirmation and copies of personal data stored within our custody systems.
• Require rectification of inaccurate or outdated corporate records.
• Request restriction of processing or erasure of data, subject to overriding statutory financial retention obligations.