We know a thing or two here in Switzerland about banking! After all, having remained a neutral nation for centuries has granted us all the time in the world to perfect the art of securing our assets and keeping them safe. You’ve come to the right place if you’re looking to open a Swiss bank account. Of course, there are some rules of engagement to be aware of before you jump in headfirst.
Contents
The Low-down on Opening a Swiss Bank Account
The country has strict banking laws, as you can imagine, that we have to abide by in order to maintain our reputation for secure banking. Opening an account will require you to visit the country in-person in order to verify identity, set up certain domicile requirements and understand the basic banking laws.
The Requirement Of A Permanent Address In Switzerland
One of the first steps involved in Swiss banking is becoming permanently domiciled in Switzerland. This includes obtaining a permit for residency and an address in the country. Obviously, this requirement applies only to those who are seeking to open an account physically in one of our beautiful villages, cities or towns.
If you do not have permanent residency in Switzerland and would like to open a Swiss bank account from abroad, select banks will allow you to do so. It is important to check with your chosen bank to understand the exact requirements of opening an account from abroad.
The Protection Of Your Assets
It goes without saying that sound banking practices involve more than just a secure vault. Your assets will be safeguarded by a combination of high-tech security software, experienced banking staff and formal bank procedures. All banks operating in Switzerland are required to implement rigorous security measures in order to protect the assets of the bank’s customers. With all those measures in place, you can rest assured that your Swiss bank account will be as safe as a piggy bank – make that a Fort Knox piggy bank!
The Myriad Of Bank Accounts On Offer
Swiss banks offer a wide range of different types of accounts with different features, such as savings accounts, current accounts, time deposits, investment accounts and much more. It’s recommended that you read up a bit on the various types of accounts and products in order to make an informed choice when opening your account.
Remember: getting a Swiss bank account is not a task to be taken lightly. As with any financial transaction, ensure that you understand the pros and cons of your chosen bank account before signing up.
Opening a Swiss bank account isn’t just a way to protect your assets – it’s a way to ensure that you’ll be in safe hands! With banks here dedicated to providing excellent service with maximum security, and plenty of choices to cater to all needs and preferences, why not make the most of all the Swiss banking empire has to offer and open a Swiss bank account today?