Switzerland is one of the world's financial centers. Banks of this state attract clients with a high level of professional service, a large number of banking products, as well as reliable protection of personal data. Thus, not only successful entrepreneurs but also citizens of any country who are interested in the safety of their savings and confidentiality of personal information can open an account in a Swiss bank.
Opening a bank account in Switzerland for foreigners is possible if the interested person:
First of all, you need to select the desired bank. At the same time, it is necessary to take into account the reliability of the bank, tariffs and preferences of the bank by customer segments. It is better to apply to several banks at once in order to increase the likelihood of opening an account.
It is necessary to prepare the statutory documents of the company, taking into account the requirements for the timing of issuance and the form of certification, personal documents of the company's members, as well as fill out bank forms. An important role is played by competent filling of forms and presentation of information.
After preparing all the documents, they must be sent to the bank. During the review process, the bank may send additional questions and requests for documents. They must be answered correctly and in a timely manner. Consideration of the application may be paid, in which case it is necessary to pay when submitting the application.
Typically, banks require a visit to their representative office for verification of company representatives. In some cases, verification is possible online.
The bank assigns details to the company and issues access to the account Upon successful opening. In order to fully activate the account, prompt payment of a minimum deposit may be required, from which the account opening fee (if any) may be debited.
Please note that opening a bank account in Switzerland for foreigners is a serious procedure, with a high risk of further service denial. If you are not sufficiently prepared and apply to a Swiss bank, you will not be able to open an account, as a rule, because of incorrectly executed documents. Moreover, you can be denied without explanation as bank officials rely on their own unspoken rules, which vary from one institution to another.
One will not be able to open a bank account in Switzerland for foreigners if:
If the client does not have enough money for the initial payment for opening a Swiss bank account from abroad, the procedure will also be denied. In this case, a one-time fee for consideration of the application is not returned to the customer.
There is a stereotype that a Swiss bank account for foreigners is available only to millionaires, but banks are ready to cooperate with any client. The only differences are the cost of the service, which may be higher if compared with offers in other countries, as well as more severe requirements for customers.
The Swiss banking system is distinguished by its stability: it is largely thanks to it that the national currency is retained at the same level. Fluctuations in other currencies around the world and the rise or fall in the price of precious metals are irrelevant.
Banking secrecy is very strictly observed. This is one of the advantages of the banking system, which makes doing business in this country even more attractive to foreign businessmen. Opening a Swiss bank account from abroad enables customers to reliably protect their personal data from third parties, including information on deposits and financial transactions — this is a legal requirement. Criminal liability is incurred for violation of bank secrecy.
Moreover, a Swiss bank account for foreigners provides plenty of other advantages:
Each bank establishes certain conditions for potential clients. If you have decided to open an account in Switzerland, banks will require you to:
In addition to these and other bank fees, customers should keep in mind the desirable annual turnover on the account. For example, if you decide to open an account with VP Bank in Switzerland, the amount of annual turnover should be at least CHF 2 million. If the bank is not confident that this requirement is met, you may be denied an account registration.
To begin with, it is necessary to submit an application and attach the following documents:
1. For physical persons:
2. For legal persons:
Remember: to open an account in Switzerland, you may need any additional documents since our experience shows that all of the above is the minimum required list.
As a rule, opening a Swiss bank account from abroad is possible only after providing a comprehensive package of documents. The exact list depends on the bank, as well as some factors: the client's interest in investments, the potential ability of the account holder to maintain the minimum balance agreed with the bank, and more.
Some banks offer this possibility, but you still need to meet with a bank employee. This way, banks identify the customer, inform them about additional requirements for opening an account, and so on.
You can find out all the necessary information from our employees during the consultation. With us, you can open a Swiss bank account for foreigners quickly and easily. We deal with the preparation and execution of documents, know all the legal details of the procedure, and can find the best deals for you.
The United States of America is a country with a highly developed banking system. Bank customers have access to a wide range of financial services and products and can open a personal or business account for themselves or a company respectively.If you want to open a bank account in the US as a foreigner remotely, you will not be able to do this in many cases, and you must be present in person to be interviewed by a bank manager. This is due to the fact that US banks must comply with certain conditions:
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