Security keeping in Switzerland

Wertpapiersafe

In Olten at the Baslerstrasse 100 is the largest security safe deposit of Switzerland. A plant mentioned by gigantic extents, often also away Knox.

Facts of the safe deposit:

• Surface area: 47x20m (940qm)
• Height: 14m (of it 14m in the groundwater of the Aare)
• Thickness of the cover: 1.27m
• Weight of the cover: 3455 tons
• Wall thickness: 0.94m
• Number of containers: 30000
• Costs: 11 million CHF for safe deposit plants, the entire complex 65Mio.CHF
• Year of construction: 1992

Away Knox of Switzerland

The building at the Baslerstrasse 100 in Olten is modern, but rather inconspicuous. The building lets assume hardly which for a gigantic interior life of this accommodated. Although the securities in Papierform belong ever to more to the becoming extinct species and ever more are displaced by the virtually acted, this safe deposit has its many societies to go today advertisement and prestige reasons to it over to offer your securities physically (Papierform). The securities in Papierform have the advantage that the general assembly of the society, which can determine kind of the to the The dividend can quite contain "only" a subscription of the mountain railway, a yearly map here in the museum or the like.

The employees of the SIS accomplish daily only something over 50 physical movements with the stored securities. Those occur about, if a bank in-supplies its securities. Another number is many impressive: Worth the stored securities: 1600 million CHF (= 1,6 billion CHF) this value varies naturally depending upon currency situation and market prices

The SIS (SegaInterSettle AG)

The safe deposit is an impressive plant. The second large support leg of the SIS is the electronic completion of stock exchange transactions. The SIS earns thereby at the transaction fees. With the SIS daily up to 46 `000 transactions are counted on the average.

Task of the SIS in the securities trading

The task and function of the SIS see simplified represented so out: A customer gives to acquire the bank the order a security, another the bank its shares sell. These transactions are settled electronically now at the stock exchange. Now the SIS comes to the course: The data are conveyed now by the stock exchange on-line and in real time of the SIS after Olten. This loaded now the account of the salesman with the fees and writes the purchase to the buyer well. Turned around the money flows. The banks taken part in the business receive now an electronic confirmation.

Securities in former times - today

In former times all banks the securities of their customers besasen. It however acted had it physically to be shifted and transported. A very expensive and an uncertain procedure with the central Verwahrung today in Olten the owner has no more access to his securities. It receives only only a deposit statement from its stored papers.

Security museum

In Olten is since 2003 the security museum to the Baslerstrasse 90.Im museum is about 7000 exhibits from more than 130 countries. The value of the collection becomes estimated on several million CHF.

The most precious exhibit: Share of first armament makers Alfred Nobels (estimated value: approx. 180 `000CHF)

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