# Migros Bank (Switzerland)

> Source: https://docs.barcoder.ai/docs/wallets/migros-bank
> research date 2026-05-30 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Migros Bank — official](https://www.migrosbank.ch/)

## Key details

- **Parent:** branch network

## Overview

**Migros Bank (Switzerland)** is **Swiss commercial bank** + **Migros Federation Swiss cooperative supermarket group fully owned subsidiary** + **one of largest Swiss retail banks by branch network** <sup>[1][1], [Switzerland report](https://docs.barcoder.ai/docs/payments/CH)</sup>.

## History

**Apr 24 1958 — Migros Bank AG founded by Gottlieb Duttweiler as Swiss commercial bank serving Migros Federation cooperative supermarket members** distinctive Swiss cooperative-bank heritage.

**2014 — Migros Bank Mobile Banking app launch**.

## Ownership & operator

**Operating entity**: **Migros Bank AG** (Swiss commercial bank; Migros Federation Swiss cooperative supermarket group fully owned subsidiary).

**Major shareholders**: **Migros Federation (Federation of Migros Cooperatives; Swiss cooperative supermarket group with ~2M+ Swiss members; Switzerland's largest retailer by revenue) fully owned**.

**Regulators**: **FINMA Switzerland**.

## Technical integration

Migros Bank Mobile Banking app (iOS + Android) + migrosbank.ch online + Migros Bank branch network across Switzerland + Migros Bank Visa + Mastercard cards; SEPA + SEPA Instant + EPC-QR + TWINT (Switzerland) + Swiss QR-bill standard.

## Implementations & partners

**Migros Federation ecosystem**: **Migros Federation cooperative supermarket group + Migros Bank + Migros Cumulus loyalty + Migros Online + Galaxus + Digitec + Hotelplan + Denner + others** distinctive Swiss cooperative retail-bank ecosystem.

**Major Swiss banking + payments competitors**: [UBS (post-Credit Suisse acquisition)](https://docs.barcoder.ai/docs/wallets/ubs) (UBS Group; SIX: UBSG; world's largest wealth manager post-Mar 2023 Credit Suisse acquisition for ~CHF 3B) + [PostFinance (Switzerland)](https://docs.barcoder.ai/docs/wallets/postfinance) (Swiss Post PostFinance; Switzerland's #5 retail bank by customers + TWINT founding member) + Raiffeisen Switzerland (Raiffeisen Switzerland; Switzerland's #3 retail bank + cooperative banking model) + [Zürcher Kantonalbank (ZKB)](https://docs.barcoder.ai/docs/wallets/zurcher-kantonalbank) (Zürcher Kantonalbank ZKB Switzerland's largest cantonal bank) + [Julius Bär (Switzerland)](https://docs.barcoder.ai/docs/wallets/julius-baer) (Julius Bär; SIX: BAER) + [Pictet Group (Switzerland)](https://docs.barcoder.ai/docs/wallets/pictet) (Pictet Group Swiss partnership private banking) + [Swissquote (Switzerland)](https://docs.barcoder.ai/docs/wallets/swissquote) (Swissquote Switzerland's largest online bank + leading European online broker) + [TWINT](https://docs.barcoder.ai/docs/standards/twint) (Swiss bank consortium A2A mobile wallet).

**Regulator**: FINMA Switzerland.

## Status

**Active, Swiss commercial bank + Migros Federation Swiss cooperative supermarket group fully owned subsidiary + one of largest Swiss retail banks by branch network** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.migrosbank.ch/ "Migros Bank — official"
[2]: https://en.wikipedia.org/wiki/Migros_Bank "Migros Bank — Wikipedia"
[ch-cro]: https://docs.barcoder.ai/docs/payments/CH

- [1] [Migros Bank — official][1]
- [2] [Migros Bank — Wikipedia][2]
- <sup>[Switzerland report](https://docs.barcoder.ai/docs/payments/CH)</sup> In-corpus: `reports/countries/CH-switzerland.md`

## Source

Biography extracted from [migros-bank.md](https://docs.barcoder.ai/source/wallets/migros-bank). See `matrix.md` for standards-support matrix if present.