MBaer Merchant Bank Liquidation Update as Payment Cap Is Lifted

MBaer Merchant Bank remains in liquidation following regulatory action by Switzerland's FINMA in February 2026.

However, a significant development came on May 22, 2026, when the bank's liquidators lifted the earlier 100,000 Swiss francs (CHF) payout cap and expanded transfer options for qualifying customers.

While this improves the arrangements for accessing funds, payments remain subject to compliance checks and receiving bank requirements.

If you bank with MBaer Merchant Bank and have questions about the liquidation, payment restrictions or your options, contact me at hello@adamfayed.com or WhatsApp +44-7393-450-837 to discuss your situation.

Why was MBaer Merchant Bank placed into liquidation?

MBaer Merchant Bank was placed into liquidation following FINMA's findings of serious deficiencies in its anti-money laundering compliance and organizational arrangements.

FINMA announced the liquidation after identifying shortcomings that warranted regulatory intervention.

The liquidation order was issued on February 6, 2026 and became effective on February 27 after the bank withdrew its appeal.

At the end of 2025, MBaer held approximately CHF 4.9 billion in client assets. This represents the reported scale of assets held by the bank, not an established amount of customer losses.

Liquidation involves winding down the institution, addressing outstanding obligations and arranging the treatment or transfer of customer assets under the applicable procedures.

Can MBaer Merchant Bank customers withdraw their money?

MBaer customers may be able to transfer qualifying balances following the removal of the CHF 100,000 payout cap, but payments remain subject to compliance reviews and receiving bank requirements.

In May 2026, the liquidators announced that cash payouts could be processed in Swiss francs, euros, pounds sterling and UAE dirhams.

The update also expanded potential transfer destinations beyond Switzerland and Liechtenstein to other approved jurisdictions.

However, removing the cap does not guarantee immediate access to every account balance. Transfers still depend on the review of individual customer files, the eligibility of receiving accounts and the banks executing payments.

Customers should confirm the latest instructions applicable to their accounts, ensure their receiving institution can accept the transfer and retain relevant account and transaction documentation.

Lifting a general payment restriction improves the available transfer arrangements, but it does not eliminate the operational and compliance requirements of liquidation.