Information on the payout and compensation event at Sora Bank AG i.K., Triesen

General Information on the payout and compensation event

(Initial information / Update as of 5.03.2024)

By order of the Princely Court of Justice , Vaduz, dated 1 March 2024, bankruptcy proceedings against the assets of Sora Bank AG i.L., Triesen ('Sora') were opened and a bank liquidator was appointed. In accordance with Article 7(1)(c) and Article 36(1)(c) of the Deposit Guarantee and Investor Compensation Act (EAG) a payout and compensation event has thus occurred on 5 March 2024.

The FMA informed EAS accordingly on the occurrence of the payout and compensation event. Please also refer to the information on the FMA homepage.

If a payout event occurs at a Liechtenstein bank due to an insolvency, a prohibition on disbursements or a bankruptcy as referred to in Article 7 EAG, EAS, as the responsible Deposit Guarantee Scheme, has assumed the obligation to reimburse the bank’s clients (depositors). We grant the repayment of covered deposits (credit balances) in accordance with the statutory provisions and duly review the repayment claims and eligibility of the banks’ clients on the occurrence of a payout event. Deposits up to a maximum of 100,000.00 Swiss francs per client or the equivalent of this amount in another currency (cap) are protected.

In special cases (e. g. credit balances resulting from real estate transactions relating to private residential properties), the covered deposit may total up to 750,000.00 Swiss francs pursuant to Article 9 EAG (temporary high balances). Further information as well as an application form can be found in our questions and answers (FAQs).

Covered deposits are repaid by way of electronic transfer to an account at another bank to be specified by the client. Reimbursements in cash or the issuing of a cheque are not possible.

In addition, in a compensation event pursuant to Article 36 EAG, EAS compensates the client for duly reviewed and covered investor claims in connection with investment services within the statutory time limit. Protected are investor claims solely from non-professional clients, in particular private clients, up to a maximum of CHF 30,000.00 per person or the equivalent of this amount in another currency.

Credit balances are not compensated twice. In the event of bankruptcy, client's securities kept in a custody account are segregated from the bankruptcy estate exclusively in his favour (segregation privilege).


What do clients of Sora Bank AG i.K. have to do?


Clients of Sora will receive a letter from us in the next few days. This will include a reply form, on which the new bank account details for repayment of the covered deposits must be provided. We receive the necessary information for properly checking and determine the entitlement and the amount of the deposits from Sora. EAS is working together with Einlagensicherungs- und Treuhandgesellschaft mbH (EIS), Cologne, to ensure that repayment claims are processed efficiently. Accordingly, the data exchange necessary for the repayment occurs primarily between you and EIS (resp. its service providers).

You are still entitled to a claim against Sora for credit balances that are not reimbursed or - due to the statutory cap - are only reimbursed in part, so that you can file your claim in the bankruptcy proceedings.

Background information on the payout event as well as general information on the protection of your deposits and the reimbursement procedure can be found in our detailed frequently asked questions (FAQ, PDF file).

If clients are of the opinion that they are additionally entitled to investor compensation claims in connection with the bank's investment services, these claims must be filed to EAS in writing within six months of the occurrence of the compensation event, stating an account number for transfer of covered investor claims. A corresponding application form can be found here.

Requests for account-specific information or the custody account (titel transfer) should be addressed exclusively to Sora directly (

You can also contact us by telephone or e-mail if you have any questions about the reimbursement procedure.

Phone: +423 230 15 16 between 08:00 - 17:00 (CET)


Additional Information on the bankruptcy proceedings of Sora Bank AG i.K.

Since bankruptcy proceedings are opened against Sora, the statutory insolvency provisions apply in addition to the provisions of the EAG for the repayment of deposits. The Princely Court of Justice is responsible for conducting the bankruptcy proceedings.

As part of the bankruptcy proceedings, Deloitte (Liechtenstein) AG, Egertastrasse 2, 9490 Vaduz was appointed as bank liquidator, represented by Dr. Ralph Wyss (, +423 239 62 11).

Further information on the bankruptcy proceedings can be found here: