Who controls Swiss credit bureaus?

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  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

Is there a government body which regulates and supervises credit bureus in Switzerland? Which government agency can I complain to about abusive credit bureaus?

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Swiss credit bureaus are required to register their databases with the Federal Data Protection and Information Commissioner (FDPIC). However, the FDPIC does not monitor the veracity of individual credit records. It simply acts on a supervisory level to ensure that data protection laws are being upheld.

If you have a complaint regarding incorrect information on your credit record, you must contact the relevant credit bureau directly and request to have the incorrect entries removed. You will need to provide copies of receipts proving that entries are incorrect.

Best regards from Moneyguru

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  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

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Radicant

  • High interest on your everyday account

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Bank WIR Bankpaket Top

  • Free account & card

  • No exchange fees for foreign payments (interbank exchange rates)

  • 24 ATM withdrawals worldwide per year free of charge

Swiss digital bank

Alpian

  • CHF 100 welcome bonus

  • Favorable foreign exchange rates

  • Multi-currency account with Visa card (CHF, EUR, USD, GBP) 

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  • Banking partner: Swissquote & Postfinance

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