Swiss Banking Costs
Switzerland has hundreds of banks and each offer a wide variety of services to its client’s, both individual and commercial / corporate. A Swiss bank account can be opened for as little as $550 to $750, plus the initial deposit. The banking fees are competitive and typically the interest rates are higher. Managed equity accounts typically return 8 to 15% annually over the long-term. Most Swiss bank account providers offer the latest in features, to include online banking and investment strategy.
Swiss banking providers can have minimum account deposits. Opening deposits of $250,000 to $500,000 are often the minimum. There are many banks that work with its clients and open active accounts with much less. That goes for banking fees and costs as well: the higher the deposit, the more flexible the bank is when it comes to requirements and minimums.
Each bank in Switzerland has a different value proposition for its clients. Depending on your scenario and specific criteria, there is very likely a Swiss bank that is right for you. OffshoreCompany.com can assist with the selection of your banking provider that offers the benefits that meet your needs.
Last Updated on May 7, 2019