Opening a bank account in Switzerland
of the service
1 500 EUR*
a bank account
opening type
Basic information
More than 200 banks, including both local and branches of foreign companies, have obtained a license for financial activity in Switzerland. Both residents and non-residents can register a bank account in this country. Moreover, offshore accounts can be opened for legal entities. Switzerland offers quite favorable conditions for this.
Individuals can open different types of accounts – current, investment, and savings accounts. It is also possible to obtain a bank card. Before depositing money in a Swiss bank, it is absolutely necessary to undergo a verification procedure. You can do this only in person. If you are abroad, then you will not be able to pass the identification procedure. From abroad, you can only submit documents.
Another popular question is whether opening a Swiss account for a Ukrainian is possible. The answer is yes, you can do it. However, there may be difficulties with verification, as it requires personal presence in one of the bank branches.
Certain difficulties are also present when working with Swiss banks. First, there is a long verification procedure, as banks carefully monitor their reputation and the safety of funds. There are also account balance requirements, and they can be very high in some banks.
Advantages of opening an account in Switzerland
Impeccable reputation
Stability
Possibility to open multi-currency accounts
Strict observance of banking secrecy
High level of service
Documents for opening bank accounts in Switzerland
In order to register an account with a Swiss bank, a package of documents must be submitted.
For individuals, it includes:
- ID card, internal or international passport, residence permit;
- Taxpayer Identification Number;
- Proof of residence address – registration document;
- Confirmation of origin of funds;
- Resume (CV).
As for legal entities, the list of documents will be as follows:
- Constituent documents of the company;
- ID of the director and shareholders (and the managing director, if any);
- Proof of residential address of the director and shareholders (and the managing director, if any);
- A power of attorney issued by the director (if the documents are filed by the account manager);
- Confirmation of origin of funds;
- Contracts with partners.
Opening a bank account with Lawtter Solutions
Lawtter Solutions offers the opportunity to open a bank account in Swiss francs and other currencies. We carry out account openings in popular banks in the country, such as:
- Credit Suisse;
- Raiffeisen Bank;
- CIM Banque;
- EFG Bank AG;
- AP Anlage&Privatbank;
- UBS, etc.
As part of the consultation, Lawtter Solutions specialists will prepare an answer to the question of how much it costs to open a Swiss bank account and will tell you in detail what is required for this. The step-by-step procedure for opening an account is as follows: