Attention: Postfinance is not an actual bank

Attention: Postfinance is not an actual bank

In contrast to the German postal bank PostFinance is not a bank but only one arm of Swiss Post. The lack of abanking license in the area of ​​activity of PostFinance limited to its traditional main area, the national andinternational payments and related services, and products or on the distribution of individual banks created in cooperation with financial services. Nevertheless, PostFinance positioned as number five among the retailfinancial institutions.