Switzerland · Financial institution
Migros Bank AG
Migros Bank AG is a Swiss company limited by shares (Aktiengesellschaft) with its head office in Zürich. Migros-Genossenschafts-Bund, the federation of Migros cooperatives, owns all of its shares. The bank describes itself as a universal bank. It serves private and corporate clients in Switzerland with accounts, mortgages, investment, pension and card products. According to the bank, Gottlieb Duttweiler founded it in 1958.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- MIGRCHZZXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under MIGRCHZZ directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- SCT · SIC · SIC IP · euroSIC
- Branch codes
- 13 branch codes
- BIC first registered
- 1980-04-07
- Last updated
- 2022-02-14
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
100% Migros-Genossenschafts-Bund
Institution type
Universal bank
- Ownership
- Migros-Genossenschafts-Bund holds 100% of the shares, and the bank's shares are not listed.
- Direct parent
- Migros-Genossenschafts-Bund, Switzerland 100%
- Head office
- Seidengasse 12, 8001 Zürich, Switzerland
- Company register
- UID CHE-105.841.533 (CH-ID CH02039176035, EHRA-ID 119271)
Business lines
According to its 2026 half-year report, mortgage claims made up CHF 48.4 billion of total assets of CHF 63.3 billion at 30 June 2026.
Online
- Websites & references
- migrosbank.ch ↗
ebanking.migrosbank.ch ↗ e-banking login portal
Wikipedia ↗
Wikidata Q1593349 ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗
Sources · 14 pages consulted
- migrosbank.ch/de/ueber-uns/kontakt-support/impressum.html
- migrosbank.ch/de/ueber-uns/unser-unternehmen/unser-management.html
- migrosbank.ch/dam/jcr:268f3321-782c-41c1-96b3-c0a10c51258c/halbjahresbericht-2026_2.9c05c29ea6bf38f072a
- migrosbank.ch/de/ueber-uns/unser-unternehmen/media-investor-relations/Migros-Bank-mit-deutlicher-Ergebn
- migrosbank.ch/de/ueber-uns/unser-unternehmen/media-investor-relations/Wechsel-in-der-Leitung-des-Privat
- migrosbank.ch/de/ueber-uns/unser-unternehmen/media-investor-relations.html
- migrosbank.ch/de/ueber-uns/unser-unternehmen/media-investor-relations/geschaeftsberichte.html
- migrosbank.ch/de/ueber-uns/unser-unternehmen/unser-management/manuel-kunzelmann.html
- migrosbank.ch
- migrosbank.ch/de/hilfe/zahlungen/inlandzahlung-auslandzahlung.html
- swiss-press.com/clemens-eckert-neuer-coo-migros-bank-2026/1829342
- tippinpoint.ch/schon-wieder-ein-wechsel-im-topmanagement-der-migros-bank/
- migrosbank.ch/de/ueber-uns/unser-unternehmen/media-investor-relations/vr-zuwahl-alois-schaerli.html
- en.wikipedia.org/wiki/Migros_Bank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Manuel Kunzelmann
CEO and Chairman of the Executive Board (CEO und Präsident der Geschäftsleitung)
- Chair
-
Bernhard Kobler
Chairman of the Board of Directors (Verwaltungsratspräsident)
- Chief financial officer
-
Peter Mock
Chief Financial Officer
- Executive
-
Thomas Althaus
Chief Risk Officer
- Executive
-
Stephan Wick
COO / Head of Technology & Operations (retiring in early 2027)
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Switzerland
- Swiss Financial Market Supervisory Authority (FINMA) Prudential supervisorAML supervisorConductResolution
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
The bank announced that Markus Schawalder, head of private clients and executive board member, is leaving. A successor search has begun.
migrosbank.ch ↗ -
Leadership
The board separated risk management from finance from 1 September 2025. It created a Risk & Compliance unit on the executive board.
migrosbank.ch ↗ -
Leadership
The general meeting elected Alois Schärli to the board of directors. He replaced Isabel Stirnimann Schaller, who had reached the statutory term limit.
migrosbank.ch ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- MIGRCHZZXXX
- How the BIC breaks down
- MIGRBank
- CHCountry · Switzerland
- ZZLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 5493006R1UFP04UR9N08
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
- National bank code
- IID (BC-Nummer) 8401
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Switzerland · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1958
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
- Direct parent
- Migros-Genossenschafts-Bund · Switzerland529900K6JN1RFIK2RI18 ↗
The Migros-Genossenschafts-Bund group has 2 institutions in the directory, in 1 country: all hold a BIC.
Including Migros-Genossenschafts-Bund.
See the Migros-Genossenschafts-Bund group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- SEIDENGASSE 12 ZUERICH 8001 SWITZERLAND
- Operational address
- SEIDENGASSE 12 ZURICH 8023 ZURICH SWITZERLAND
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI and its CHBCC clearing code
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>MIGRCHZZXXX</BICFI>
<ClrSysMmbId>
<ClrSysId>
<Cd>CHBCC</Cd>
</ClrSysId>
<MmbId>8401</MmbId>
</ClrSysMmbId>
<LEI>5493006R1UFP04UR9N08</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>MIGRCHZZXXX</BICFI>
<ClrSysMmbId>
<ClrSysId>
<Cd>CHBCC</Cd>
</ClrSysId>
<MmbId>8401</MmbId>
</ClrSysMmbId>
<LEI>5493006R1UFP04UR9N08</LEI>
<Nm>MIGROS BANK AG</Nm>
<PstlAdr>
<Ctry>CH</Ctry>
<AdrLine>SEIDENGASSE 12 ZUERICH 8001</AdrLine>
</PstlAdr>
</FinInstnId>Swift’s two address fields do not agree on a town, so the full record gives the address as address lines only.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
|---|---|---|---|
| SEPA Credit TransferISO 20022 messages | 2008-01-28 | Head office | — |
| Swiss Interbank Clearing (SIC), Swiss franc real-time gross settlementISO 20022 messages | — | Head office | — |
| SIC instant payments (Swiss franc)ISO 20022 messages | — | Head office | — |
| euroSIC (euro real-time gross settlement in Switzerland) | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. SIX Bank Master entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
National bank codes
IID (BC-Nummer) · Switzerland
1 code file of 2026-10-12 · ISO 20022 clearing system code CHBCC
| Code | Routes to BIC | Name in the national file | City |
|---|---|---|---|
| 8401 | MIGRCHZZXXX | Migros Bank AG | Zürich |
Each code shows the name in the national file. Smaller banks often route through a central institution’s BIC. A code can therefore belong to a different bank than the one on this page.
Network
Branch network
All 13 branch BICs connect to the head office. No city, function or registration year splits them into groups.
Hover over a branch or group to see its details
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| MIGRCHZZ10A | — | Lausanne | RUE DES TERREAUX 23 LAUSANNE 1000 LAUSANNE SWITZERLAND | — | 2025-04-05 |
| MIGRCHZZ12A | — | Geneva | RUE PIERRE FATIO 15 GENEVA 1211 GENEVA SWITZERLAND | — | 2025-04-05 |
| MIGRCHZZ17A | — | Fribourg | RUE DE ROMONT 4 FRIBOURG 1701 FRIBOURG SWITZERLAND | — | 2025-04-05 |
| MIGRCHZZ19A | — | — | AVENUE DE FRANCE 10 SION/ SITTEN 1951 SION/SITTEN SWITZERLAND | — | 2025-04-05 |
| MIGRCHZZ30A | — | Berne | AABERGERSTRASSE 20-22 BERNE 3001 BERNE SWITZERLAND | — | 2025-04-05 |
| MIGRCHZZ40A | — | Basel | ST. JAKOBSSTRASSE 7 BASEL 4002 BASEL SWITZERLAND | — | 2026-03-30 |
| MIGRCHZZ50A | — | Aarau | BAHNHOFSTRASSE 74 AARAU 5001 AARAU SWITZERLAND | — | 2025-04-05 |
| MIGRCHZZ60A | — | Lucerne | SEIDENHOFSTRASSE 6 LUCERNE 6002 LUCERNE SWITZERLAND | — | 2025-04-05 |
| MIGRCHZZ69A | — | Lugano | VIA PRETORIO 7A LUGANO 6901 LUGANO SWITZERLAND | — | 2025-04-05 |
| MIGRCHZZ80A | BACK OFFICE | Zurich | ZURICH ZURICH SWITZERLAND | — | 2025-04-05 |
| MIGRCHZZ84A | — | Winterthur | GRABEN 35 WINTERTHUR 8401 WINTERTHUR SWITZERLAND | — | 2025-04-05 |
| MIGRCHZZ90A | — | St. Gallen | BAHNHOFSTRASSE 4 ST. GALLEN 9001 ST. GALLEN SWITZERLAND | — | 2025-04-05 |
| MIGRCHZZKEY | S.W.I.F.T. ADMINISTRATION | Wallisellen | INDUSTRIESTRASSE 17 WALLISELLEN 8304 WALLISELLEN SWITZERLAND | — | 2025-04-05 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Payment schemes and systems—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: SIX Interbank Clearing, Bank Master.
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- National bank codes—Switzerland (Source: SIX Interbank Clearing Bank Master).
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Unknown author Unknown author · Public domain · Wikimedia Commons · original; Manuel Kunzelmann: migrosbank.ch (official website) · original; Bernhard Kobler: migrosbank.ch (official website) · original; Peter Mock: migrosbank.ch (official website) · original; Thomas Althaus: migrosbank.ch (official website) · original; Stephan Wick: migrosbank.ch (official website) · original.
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