1998 – Postal reform
The 1998 postal reform was designed to ensure and improve the provision of good, inexpensive postal and payment transaction services for the population and economy throughout Switzerland. For Swiss Post, the reform involved changes at both market and company level.
Under the reform, PostFinance had a statutory obligation to achieve returns consistent with the market when investing customer deposits and to guarantee the security of the investments. The abolition of the limit on interest provided the basis for a market standard for paying interest on customer deposits in postal and Deposito accounts.