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28.03.1901
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Issuing banks’ agreement on the establishment of a joint transfer and clearing office.
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23.11.1901
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Third ’Concordat’ concluded by the issuing banks; summary of various agreements on the official discount rate, the distribution of cash import costs, the regulation of banknote circulation, collection and mandate business and the establishment of a joint transfer and clearing office.
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18.04.1902
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Acceptance of a motion by Councillor of State von Arx on a revision of the Banknote Act of 1881.
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20.03.1903
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Acceptance of a motion by National Councillor Scherrer-Füller to present a new bill relating to the establishment of a central bank.
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01.08.1904
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Creation of a clearing service in Berne by the Berne stock exchange association.
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06.10.1905
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Federal Act on the Swiss National Bank (National Bank Act). RO 22 47. Federal Council Message dated 13 June 1904. FF 1904 IV 441.
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23.08.1906
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Constituent General Meeting of Shareholders of the Swiss National Bank.
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25.09.1906
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Federal Council Ordinance on separating out Swiss National Bank business. FF 1906 IV 642. Approved by the Federal Assembly on 13/19 November 1906. RO 22 760.
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01.06.1907
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Termination of the third ’Concordat’ of the issuing banks dated 23 November 1901.
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20.06.1907
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Swiss National Bank opens its doors for business in Basel, Berne, Geneva, St Gallen and Zurich. Interim banknotes issued (overprinted with a red rosette bearing a Swiss cross on the front)
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20.09.1907
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Neuchâtel branch office and SNB agency at La Chaux-de-Fonds opened.
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20.07.1908
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Lucerne branch office opened.
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26.10.1908
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Lausanne branch office opened.
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07.07.1909
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The Federal Council authorises the SNB to accept sight deposits abroad as coverage for short-term liabilities.
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Note on the English translation: For official titles and designations see the German and French versions. The English translations provided here are for guidance only.