Sygnum Bank
private bank
Sygnum Bank is the world's first regulated digital-asset bank, holding a Swiss FINMA banking licence and a Singapore MAS Capital Markets Services licence. Founded in 2018 and headquartered in Zurich, Sygnum bridges traditional private banking with institutional-grade digital-asset infrastructure. Core services include segregated cryptocurrency custody, tokenised real-world assets, digital-asset lending and borrowing, OTC trading across Bitcoin, Ethereum, and a curated suite of altcoins, and fiat banking in CHF, EUR, USD, GBP, and SGD. Its Singapore branch, established under MAS oversight, extends these services to Asian institutional clients, family offices, and qualified investors, giving Sygnum a dual-regulated cross-continental footprint unique among crypto-native banks. Sygnum's tokenisation platform (the Desygnate service) enables issuers to put equities, funds, and bonds on-chain under Swiss DLT law. US persons are not accepted due to SEC and CFTC compliance constraints. The bank's FINMA licence and Swiss legal clarity make it a premier choice for crypto-forward HNWIs and institutions seeking bankable digital-asset exposure under a fully regulated, non-custodial-risk framework.
Details
- Headquarters
- Switzerland
- Currencies
- 10
- Monthly Fee
- Free
- Non-Residents
- Accepted
- US Persons
- Not accepted
- Debit Card
- Not available
- Business Account
- Available
Opening Requirements
- •Government-issued photo ID (passport)
- •Proof of address
- •Source-of-funds and source-of-wealth declaration
- •Digital asset portfolio or crypto custody intent documentation
- •Enhanced KYC for high-value clients
- •Minimum relationship balance (varies by service tier; institutional clients by arrangement)
Restricted Nationalities
Not available to nationals of: united-states, north-korea, iran, cuba, syria, russia
Nationality Acceptance Matrix
Who this provider will and will not onboard. Refusals are listed first. Sourced from the provider's own published terms and recent public onboarding reports — confirm with the provider before applying.
| Nationality | Accepted | Notes |
|---|---|---|
| us | NO | US persons not accepted — Sygnum declines US persons due to SEC securities and CFTC derivatives regulatory exposure on digital assets; no FATCA onboarding path offered. |
| russia | NO | Russian nationals blocked post-February 2022; Sygnum complies with Swiss SECO and EU sanctions packages imposed on Russia. |
| north korea | NO | Blocked — UN/FINMA/OFAC DPRK sanctions. |
| iran | NO | Blocked — UN/Swiss/OFAC Iran sanctions. |
| cuba | NO | Blocked — OFAC Cuba sanctions (USD-clearing risk). |
| syria | NO | Blocked — UN/Swiss/OFAC Syria sanctions. |
| switzerland | YES | Full domestic service for Swiss residents and entities; FINMA-regulated; CHF accounts and digital-asset custody available. |
| uk | YES | UK nationals accepted; standard enhanced KYC and source-of-wealth documentation required. |
| eu | YES | EU nationals accepted across all major jurisdictions; Switzerland's bilateral financial frameworks facilitate EU client onboarding. |
| singapore | YES | Singapore-based clients served via Sygnum's MAS-licensed Singapore branch; institutional and family-office clients primary target. |
| china | YES | Chinese nationals accepted with enhanced due diligence; source-of-wealth scrutiny heightened for PEPs and HNWI clients. |
| myanmar | YES | Accepted with enhanced due diligence and individual OFAC/Swiss sanctions screening; no blanket Myanmar nationality ban. |
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Sources & last verified
- Last verified 2026-06-15