|With which bank will my account be opened?|
Home > Swiss bank accounts > FAQ > Before you order > Basics > Which bank
We work with a number of top Swiss banks, many of which have
been in operations for over 100 years. Each account corresponds to one or more banks.
You can read about the bank(s) on the "About the bank" section on each
account description page.
There are more than 400 banks in Switzerland. Each is different and
specializes in particular type of clients or services. They can be divided in
- Large universal banks - these are
very large Swiss banks offering all sorts of services to individuals and
companies. They offer banking services to international clients but have some
restrictions and minimum balance requirements.,
- Cantonal banks - every Swiss canton has one or more
cantonal bank, usually owned by the canton. These banks offer retail services
to the people of the canton and make loans to local companies as well as
mortgages within the canton. Some also offer banking services to international
- Private banks - these banks are specialized in managing
money for Swiss and international private clients. There are many such banks,
and the minimum balance requirements are anywhere from fifty thousands Swiss
francs to fifteen millions. Many banks are geared toward a specific geographic
area. Knowledge of the Swiss banking industry is a must before you choose one.
- Private bankers - these are the
oldest banks in Switzerland, usually owned by the same family for over 200
years. The bank is owned by private individuals who are personnally
responsible for any deposits. These bank offer a five star banking service and
ask for at least a million Swiss francs deposits.
- Retail banks - these banks offer
retail services (checking accounts, mortgage, payment services, etc...) with
few restrictions. They are smaller than the large universal banks. Some also
offer services to international clients.
We work with banks in all categories. Which bank is
right for you depends on many things, such as where you live, how much you
plan to deposit and what you will do with the money. Please visit the account
description pages to read more about each bank and the requirements of each
account. If you have questions, don't hesitate to contact us.