Before you can proceed you need to complete your profile with the following items:


Swister is a so-called Fintech. A fintech, as in our case, is a financial service provider that uses technologically advanced tools to offer its products to the public. The main difference with a traditional bank is that Swister is almost entirely platform-based (and therefore much more efficient).

Swister offers both transaction accounts and 3D accounts. The former can be compared with a current account and the latter with an investment account.

Swister's focus is on creating and developing hedge-funds (See section on ILPs) rather than on offering traditional banking services (although a transaction account can also be used to carry-out normal bank transfers).

Swister is active on the Swiss market thanks to an agreement with a Swiss partner (See section on legal framework).

Being an online platform, clients from all over the world can join Swister's hedge-funds as a partner or investor (subject to rather strict legal requirements). Our hedge-funds are referred to as partnerships (See section on ILPs).

In order to legally operate within the Swiss market, Swister is affiliated to Camerlinckx SA, a Swiss company registered in Via Trevano 15, 6900 Lugano under company number CHE-319-692-884. The latter is entitled under Swiss Finma regulations to accept public deposits, albeit subject to certain limitations. Swister will therefore operate under the wings of Camerlinckx SA in what must be considered a joint-venture between both entities. This joint-venture might be limited in time as Swister might decide to operate independently of Camerlinckx SA or switch to another partner.

ILPs, short for Incorporated Limited Partnerships are the sort of hedge-funds that Swister proposes its clients to invest in. When a clients decides to invest in an ILP, he or she becomes a partner in that fund. To be more precise, the investor becomes a so-called limited partner in a hedge-fund that is registered with corporate status (like a normal enterprise). As opposed to a normal enterprise, an ILP has a variable open-end capital (a capital that constantly grows with the number of partners).

Swister usually chooses Jersey (U.K.) as jurisdiction for the registration of its ILPs.

General partners, basically the fund managers, have unlimited liability for all the debt and obligations of the ILP, jointly and severally. They manage the ILP and take all decisions related to its activities.

Llimited partners are not involved in the decision-making process of the ILP and/or its commercial activities. The risk of the limited partners is limited to the contribution they made to the ILP plus their pro-rata share of its undistributed income.

An investor that buys (new) shares through the Swister platform, by default, becomes a limited partner.

Swister provides financial services that are governed by the Swiss Financial Market Supervisory Authority (FINMA) and operates in accordance with the latter’s (partially revised) circulars 2008/3 “Public deposits with non-banks” and 2013/3 “Auditing”, including amendments, as well as provisions concerning the so-called sandbox.

Therefore, the client accepts that Swister may adopt more relaxed requirements relating to risk analyses and audit strategy compared with larger or more complex institutions.

Furthermore, the client accepts that his transaction and/or current account does not generate a return that is the result of the so-called interest rate differential business and that deposits are not covered by the depositor protection scheme. The client will also not benefit from preferential treatment in the event of bankruptcy as in the case of licensed Swiss banks.