Put the money under in a Swiss bank. Profitable investment in a Swiss bank. Swiss accounts: reputation

Swiss banks have been a panacea for many businessmen and politicians from all over the world for decades. A deposit in a Swiss bank does not have a high yield, but the reliability and confidentiality more than pay for low interest rates.

Today, the situation in the Swiss banking sector is somewhat changing. The most important principle that attracted customers from all over the world is being violated - the protection of banking secrecy.

Dear readers! The article talks about typical ways to solve legal issues, but each case is individual. If you want to know how solve exactly your problem- contact a consultant:

APPLICATIONS AND CALLS ARE ACCEPTED 24/7 and 7 days a week.

It's fast and FOR FREE!

The fact is that not so long ago the United States won a lawsuit in court against one of the most famous Swiss banks, in which there were deposits of US citizens evading taxes.

The bank was forced to release information on deposits. In addition, neutral Switzerland also followed the EU sanctions against Russia (although it had to remain neutral), and blocked the accounts of some Russian citizens.

Nowadays, there can be no more talk about the protection of banking information and neutrality, but financial stability remains at the same high level.

Main Features

One of the main features of Swiss banks has been and will remain their reliability from a financial point of view. Of course, there is cause for concern for many politicians as they could be sanctioned and have their accounts blocked.

Any citizen who has savings can be calm about them if they are in Switzerland, because the reliability of Russian banks, as we know, remains at a low level.

However, do not forget that it is not advisable to invest all your money in one bank. It is better if these are banks from different countries, or at least different banks in Switzerland.

Today, Swiss banks are no longer the most popular. According to research conducted by the Morningstar agency, the most popular today are not Swiss financial institutions at all, but the American bank JPMorgan, the funds of the American investment company BlackRock and the British asset management company Schroder.

Now let's look at what places in the world classification are occupied by Swiss funds that invest in European companies:

However, despite all this, many still prefer Switzerland.

General overview of the offer

How to open

In principle, almost everyone can open an account in a Swiss bank, of course, if they have a certain amount of money, the amount of which depends on the chosen financial institution.

For example, to open an account with Union Bank of Switzerland and Credit Suisse Group, you will need to pay 1000 euros and have a minimum account balance of 300 thousand euros in the first bank 500 thousand euros in the second.

In addition, within two years, the amount of the minimum balance must reach one million euros.

However, not everything is so scary. There are also banks in which the minimum minimum balance is not so significant and amounts to only 5 thousand dollars or euros. These include the Swiss Forex Bank.

So what do you need to know?<Как открыть депозит в швейцарском банке?

First of all, choosing an honest and professional intermediary. Unfortunately, it is very difficult for Russian citizens to open an account on their own. The best option would be to resort to the help of intermediaries registered in Switzerland itself.

• You need to decide what type of account you need. It can be an ordinary deposit or just a bank card, for which a small bank is enough. However, if your plans include stock trading on stock exchanges, then it would be best to open accounts in larger banks.
• Be sure to pay attention to the credit rating of the selected bank. An intermediary will help to obtain such information, or you yourself can contact Moddy's or Standard & Poor's agencies.

In addition, you can open a bank account in Switzerland via the Internet.

For this you need:

• choose a bank, guided by the tips described above;
• register on the bank's website;
• receive from the bank all the documents necessary for opening an account;
• carefully read and sign the contract;
• make notarized copies of identity documents, as well as documents required by the bank;
• send the contract and copies of documents by mail to the bank;
• deposit funds into the account and receive a username and password.

The account will be opened approximately within one business week after the bank receives the documents. In this case, it is better to do without intermediaries.

What you need to know

Let's look at the main points regarding opening a Swiss bank account:

• A Swiss bank account can be opened by a citizen of any country. Simply, if you are not a citizen of Switzerland, or do not permanently reside on its territory, then the bank will more carefully check your documents, as well as the source of money.
• You can open an account by visiting the bank in person or via the Internet.
• To open an account, a foreign passport or other identification document is required. In addition, the bank may require a certificate stating where the money came from and that all taxes have been paid on it. However, not all banks require such a certificate.
• You can open a Swiss bank account in Swiss francs, euros, dollars or British pounds.
• In the event of a bank failure, deposits up to 100 thousand francs will be paid immediately, the valuables stored in the bank are also immediately returned. Amounts higher than indicated will also be returned, but a little later.
• The bank may provide a credit or debit card to an open account.
• Almost no bank in Switzerland withdraws money for opening an account. For maintenance, various operations, administrative costs, a monthly fee is charged, which is different in different banks.
• Deposits can be savings, private and investment. The lowest interest rates are for private deposits, the highest for investment deposits, but there is also a risk for investment deposits.
• The interest accrued on the deposit is taxed in the amount of 35% . However, if a tax return is completed in Switzerland, then this amount can be returned.

Known misconceptions

We all have always believed that keeping money in a Swiss bank is profitable and reliable. However, there are a number of misconceptions that you should definitely familiarize yourself with before opening an account there.

Many people think that Swiss banks have decent interest on deposits, but this is far from the case. The highest percentage may be in the area 3% , and even then, if the deposit is open for a large amount. On average, this is all 0,5% .

Many intermediary firms, in order to make money, say that in order to open an account in Switzerland, you need to go there personally and only with an intermediary. However, you can do it yourself, via the Internet.

There is also a misconception that in order to open an account, you need to have a residence permit in Switzerland. But it's not. And even ignorance of the language will not be a hindrance. Many banks have Russian-speaking employees.

Benefits of choosing a Swiss bank deposit

Earning principle

Switzerland is one of the richest countries. Its currency is stable. Therefore, the banks of this country are very attractive. And having large funds in bank accounts, the country earns even more.

The reliability of banks is also due to the principles of operation that are different from other banking systems. The fact is that Swiss banks do not attract deposits at high interest rates. Loans secured by collateral are also not issued.

Banks are engaged in trust management of customer deposits. They invest in various companies and thus increase both their own income and the income of their clients.

On an account in a Swiss bank, you can securely store funds, you can receive small interest, or you can earn money.

To earn on your order account 30% per annum, you just need to transfer it to the trust management of the bank, for which the corresponding agreement is signed

Exchange and service

As mentioned above, among the Swiss banks, there is also a Forex Bank. The minimum deposit on it is only 5 thousand US dollars.

On this account, it is possible to convert funds into any other currency. To do this, a sub-account is opened in the appropriate currency, on which the funds will be stored.

However, a commission is charged for the conversion, which depends on the amount and is from 0.05% to 1%.

Using credit and debit cards from Swiss banks is also quite expensive. The bank will charge an annual fee for servicing the card, and the interest on cashing out outside of Switzerland may be up to 4%.

In Forex Bank, there is no account maintenance fee if at least one transaction is made within three months.

Remember that you can open a Swiss bank account on your own, via the Internet. There is no need to pay intermediaries for this.

Be prepared for the fact that the bank will verify the authenticity of income and tax certificates that you provide to it. The verification is carried out not on the merits of what is written in the certificates, but only on their authenticity.

Due to the worsening attitude towards Russia and various sanctions, banks may block your accounts.

Advantages

The Swiss franc is one of the most stable currencies. Over the past century, the Swiss currency has depreciated only 10 times, while the dollar has depreciated 29 times, and the British pound sterling by as much as 214 times.

How to open a Swiss bank account for a Russian citizen website website

The Swiss credit and banking system is a bulwark of stability and economic “eternal values” in our changing world. The placement of funds on the territory of the country helps to increase and strengthen the status, makes it possible to worry less about the risks of losing money, and opens up many prospects for businessmen. Therefore, the question of how to open an account in a Swiss bank is of interest to many Russians. About 30% of all global capital is concentrated in the country, which has been developing the mechanism of financial instruments for many centuries, it has representative offices of most structures from the international credit sector, which greatly simplifies interaction with them. Individuals and business entities tend to open an account in a local bank, and there are many reasons for this.
Switzerland has the principle of banking secrecy, enshrined at the legislative level - in federal legal norms (for example, "On banks and savings banks"). Not only current, but also former employees of the industry are subject to criminal liability for “too long tongues” (Criminal Code of the State, Art. 305). There are no relaxations in the rule - for third world countries or certain categories of depositors - do not. Any person can open an account, including those engaged in individual entrepreneurship.
Another advantage is the stability of the system. Switzerland can boast of having weathered the global financial crisis with minimal losses. After the banking reform, the legislative requirements for the size of the reserves of local structures took first place on the planet. The country is a member of the FATV and the OECD, so the accounts placed on its territory will not cause problems with the tax authorities, serious business partners. Among other guarantees for the protection of deposits is the presence of privileged groups in terms of the scale of investments (if they do not exceed 100 thousand francs, funds in case of bankruptcy of the institution are paid out on them in the first place).
Other benefits that make you wonder how to put money in a Swiss bank:

• efficiency - requests are processed quickly, and the procedure for issuing invoices takes from a week;
• with high reliability, a relatively small percentage fee for conducting transactions;
• many services for individuals and a developed correspondent network;
• the ability to manage funds remotely (the scope of the service depends on the specific bank).

Can a citizen of the Russian Federation open a Swiss account?

Yes, maybe the legislation and the Federal Tax Service do not limit his “financial rights”. Non-residents often choose Switzerland for the purposes of capital protection, trading (for this area, by the way, the minimum contributions are reduced). The main requirement of domestic authorities is to report on the procedure no later than 30 days after its completion. The tax authorities require Russian citizens to notify them of all transactions made on deposits and accounts outside the state. A report containing the name of the bank, country, size and number must be sent to the inspection at the place of registration.
When studying how to open a Swiss bank account for a Russian citizen, you need to remember that the latter may face the restrictions of the "host" side:

• Firstly, not all institutions work with non-residents, and in any case, the registration procedure will be different.
• Secondly, Swiss bank officers scrupulously and meticulously study the sources of income and the future clients themselves. This system was tightened after a series of conflicts with the German and American governments over depositors, and today the capital of the "applicant" is studied very carefully and the request may be denied. For example, they do not open accounts for those who are in the civil service, without discounts on the size of the contribution, they practically do not accept cash as contributions, they can request confirmation of the place of residence (utility accounts).

Swiss banks, contrary to the stereotype, are not so reverent towards depositors of large sums, checking them strictly, like other clients. You need to be prepared for questions about family, lifestyle, business/work. In absentia, invoices are drawn up in a specific way: it is impossible to carry out the procedure completely remotely, you need to conduct an interview in order to identify the person. A representative of the selected bank may come to meet with a potential partner, since Skype communication technologies are not very common and are not welcome.
Many structures have representative offices on the territory of the Russian Federation, and not only in the capital. Often, bank employees come to Russia regularly, according to their own schedule, and all you need to do is “guess” the meeting, collect a package of necessary documentation by the time it is held, and wait for a decision. If it is positive, communication with managers will not stop - at least once in two years you need to communicate with them, solving accumulated issues and discussing proposals.

Bank requirements for potential depositors

Before opening an account in a Swiss bank, the applicant will have to collect an impressive package of documents. Here, the support of professional mediators who are familiar with the procedure will be appropriate and useful. Each institution has its own requirements for clients, they can request additional supporting papers, double-check the origin of money. There are also features in the procedure for making a minimum contribution.
Officially, it is not necessary to transfer it to residents of the state or to those who regularly cross its border for business purposes (for example, Credit Suisse, UBS, Raiffeisen work this way), but in practice, almost every bank has requirements for initial amounts. The minimum “threshold” ranges from 300-700 thousand Swiss francs, but after the crisis in the global and Russian economies, many structures raised it to a million in 2016-2017. You can choose the currency freely, but preference is given to the most common (euro, US dollars, British pounds) and the local one.
In the country, individuals open settlement accounts (private - Girokonto), investment, savings (Sparkonto), deposit types. For business entities, the local structure may not be suitable for work (some of them are reluctant to engage in “classic” business operations), it is often more convenient for private clients to work with Swiss banks. It must be remembered that the requirements for the composition of the documentation, its specificity, and detail are very strict, and carefully prepare the papers. Individuals will need to present:

• passports (foreign and domestic) or ID;
• confirmation of the source of money - receipts for the sale of shares, documents for the sale of real estate, statements from other banks on the withdrawal of funds, the origin of business capital (in general, everything that you can present);
• variable, identifying the applicant, information - utility bills, family composition, proof of payment of taxes on capital, and so on.

Sometimes confirmations (for real estate, existing assets) need to be collected for the previous 10 years of circulation - this practice exists, for example, in UBS. After receiving the package, the bank will check it for authenticity and make a decision - this will take up to 30 days. If it is positive, the client is given details. They close accounts in different ways: a private one immediately after receiving an application from the owner, for savings accounts they often provide a temporary “buffer”. You will have to wait from three months to a year. Individual rules are set for investment accounts.

Account Operation

How to put money in a Swiss bank and use it in the future? There are many ATMs in the country that dispense cash in francs or euros with a commission that depends on the contract. Credit cards are issued and serviced by all structures, but each of them has its own conditions by type or currency. Basically, banks work with Visa, MasterCard (including debit), American Express, providing for the obligation to keep an “unkillable” balance on them, usually in the amount of a monthly withdrawal limit. A service fee is charged. Opening accounts is often free, but you will have to spend money on maintenance, transactions / operations and administrative costs (correspondence, card maintenance).
The amount of expenses is determined in the contract, often individually, and it can be even higher than the interest on deposits made. By the way, about the latter - theoretically, all banks should pay them. However, due to the tense situation in the world and the tightening of rules on negative interest (they are paid by local financial institutions), the client may not receive funds. The lowest interest rates are for private accounts, high, but at the same time more risky, for investment accounts, but they are also low. Even 0.5-1% is considered a significant share, and there is also a 35% tax on this amount (not on the money in the account) - for banking secrecy.
The reverse side of the lack of benefits can be considered the reliability of funds in the accounts. Information about them is disclosed only on very important occasions, the country's system is stable, credit cards of Swiss banks are accepted everywhere in the world, they have many partnerships. If the account is needed for saving and protecting money, and not for everyday business transactions, the local credit sector will be a good choice, especially if we are talking about an honest, not a legal entity. Another reason to choose Switzerland is the abundance of banks themselves. In order not to get lost in their number, you need to "study the market supply."

How to open a Swiss bank account for a Russian citizen and not make a mistake in choosing a partner? It is worth immediately "cutting off" those of them who are reluctant to cooperate with non-residents, not to mention institutions that do not maintain relations with foreigners at all (these are cantonal, state structures). You can give some advice - when studying the market, be guided by:

• credit ratings - they are formed by well-known global agencies (Moody's, Standard & Poor's);
• level of security - if the structure works successfully during the crisis, is not involved in scandals with depositors and governments of different countries, it is quite possible to trust it with your money and valuables;
• the number of financial instruments that you need access to - if you need to operate with securities, buy and sell on the stock exchange, it is better to cooperate with the oldest, "big players" (Credit Suisse, Julius Bank, UBS), and if a standard card and deposit placement are enough , you can pay attention to small private banks, local or regional;
• the equity capital of the institution and the size of its assets (the larger they are, the more reliable the bank) - for most significant structures, its level starts from 500 million francs, but you need to understand that global processes operate on them, and no one can provide one hundred percent reliability guarantees;
• break-even for at least the last ten years;
• the age of the bank (in Switzerland, institutions founded more than 150-200 years ago are not uncommon) and other factors.

For reasons of imaginary security, it is not worth "breaking" the available amount into parts and putting them in different institutions - this will entail excessively high maintenance costs. The fewer additional “options” in the service package, the cheaper the service costs the client, and global banks provide partners with a wider choice of account types. For example, in UBS, in addition to the standard ones, you can also open stock ones.
It is also important whether there is a fee for Internet activation of services, how much tariffs increase in case of urgency, and so on. The entire array of information is simply impossible to process without preparation, so you should contact professional consultants who conscientiously approach the needs of clients and are competent in the matter.
Prifinance is happy to provide all the necessary support for opening an account in foreign credit institutions and provide professional advice to anyone who needs it.

Bank deposit in our time is a popular service. After all, he not only allows you to accumulate money, but also to increase your funds.

Dear readers! The article talks about typical ways to solve legal issues, but each case is individual. If you want to know how solve exactly your problem- contact a consultant:

APPLICATIONS AND CALLS ARE ACCEPTED 24/7 and 7 days a week.

It's fast and FOR FREE!

At the same time, you can open a deposit not only in a Russian, but also in a reliable Swiss bank. It offers, first of all, stability to save deposits.

Basic information

To get started, in order to open an account with a Swiss financial institution, it is worth studying the following aspects:

• can you, as a citizen who does not always arrive in Switzerland, open an account in a Swiss bank;
• can you open an account in Switzerland to pay real estate expenses;
• how long it will take to open an account with a Swiss financial institution;
• Do you need to deposit any amount of finance into the account? If so, what are the amounts of such contribution;
• whether it is possible to open an account in a Swiss financial institution via the Internet, mail, cellular, e-mail or fax;
• do you have documents available that a financial institution may require when opening an account with a Swiss financial institution;
• whether it will be possible to open an account in a Swiss bank in foreign currency - or dollars;
• whether the opening of an account with a Swiss financial institution will be kept confidential;
• what is the guarantee of financial savings in an account in a Swiss financial institution;
• whether the method will use a credit card that is associated with the billing;
• what is the price for the provision of services for opening an account in a Swiss financial institution;
• whether they will pay profit on the amount of the contribution;
• whether you can close an account with a Swiss financial institution at your convenience.

What it is

A deposit is the process of transferring the depositor's funds to the bank at interest with their return after a certain time or at the request of the client.

By investing money in a bank, you begin to make a profit from them. The Swiss National Bank is the central financial institution of Switzerland.

Confidentiality	This is the safety of information from leakage.
Personal bank account	This is an option for physical persons who plan to actively carry out actions with the account, that is, receive wages on the account, pay through the account, etc. When opening an account of this type, it is also possible to get access to all the services provided by the organization
savings account	This is an option for individuals who plan to set aside finances, save them and earn interest.
	This is an option for individuals who want to engage in investments and deposits in securities

Contact information (official site)

If you know a foreign language, you can go to the official website of the Swiss National Bank https://www.snb.ch, and get acquainted with the information.

You can also use the services of financial institutions to issue accounts:

• UBS AG (Union Bank of Switzerland);
• Credit Suisse Group;
• Raiffeisen Group.

Regulatory regulation

Swiss financial institutions conduct their activities in accordance with regulatory documentation, namely:

According to Swiss law, banks have dormant accounts, deposits are considered as such if the correspondence has ceased to reach the addressee, and if the bank has learned about the death of the depositor.

How to make a deposit in a Swiss bank

The first thing to remember is that Swiss financial institutions use a system of very strict rules regarding opening accounts, regardless of the location of the client.

Due diligence laws in Switzerland require a financial institution to verify the identity of an individual against an official document.

If the Swiss financial institution you are interested in has a subsidiary, branch or representative office in the territory where you live, then such verification can be done at your place.

If the financial institution is not represented, then you need to personally contact a financial institution in Switzerland or contact an intermediary financial institution so that they can help arrange an audience with Swiss bankers for you and deliver all the additional information you need.

All the necessary information on how to open an account with a Swiss financial institution should be obtained from intermediaries that provide such services, or contact directly with a Swiss financial institution.

What conditions are offered

Conditions provided by the financial institution:

• a way to open an account in Swiss francs (CHF), euros (EUR), British pounds sterling (GBP) and yuan;
• responsible storage of account information;
• secure storage of finances;
• the advantage of using a credit card, which is associated with the opening of an account;
• payment of profit according to the amount of the contribution;
• the ability to close the account on demand.

Required documents

To open a deposit account with a bank in Switzerland, you will need a passport, identification card or other identification document.

Moreover, the bank has the right to demand a document on the source of income. This may be a certificate from the place of work, or from the tax office.

Also, a banking organization may request documents on the origin of funds - an agreement on the sale of valuables, etc.

In addition, the bank checks whether the tax has been paid on the deposited money. Banks try to check customers as much as possible, especially new ones.

Sometimes other documents may be required (at the discretion of the organization). It is worth pointing out that from year to year, credit structures show more stringent requests for the composition of the package of documents.

Can I apply online

Most banking organizations provide the opportunity to open an account in electronic format. For example, to register with the Swiss Forex Bank, you need:

1. Register on the bank's website and receive documents for opening an account.
2. Fill out the agreement and sign it, then send it to the bank branch in Geneva. Certified copies of documents must be sent along with the agreement.
3. Deposit money and get a username and password.

Some banks may also request original documents. The account is opened within 1-7 days after receiving the documents.

It is important to note that no bank will open an account without presenting documents. Do not trust intermediaries offering this kind of deal.

How much does the service cost

Opening a bank account in Switzerland is free. But his service, banking operations, correspondence require payment.

The amount of the fee is set by the bank itself, there is a significant difference between different banks. Alas, in some cases, the cost of maintenance may exceed the amount of expected interest.

With an amount of 6500 Swiss francs, the following offers will be the most profitable:

If the amount is 25,000 Swiss francs, it will be more economical to be served in the following banks:

Banca Polare	935 francs
Zweiplus	731 francs
post finance	387 francs

All amounts are for service over a period of five years. However, the basic tariff does not cancel the payment for individual services. For example, using an ATM of another bank, etc.

There is also a noticeable trend towards an individual approach, when discounts and benefits are offered to different types of customers. Most often, such conditions are offered to young people (20-25 years old) and pensioners.

Moreover, by concluding an agreement with a university or other educational institution, banks do not charge a commission from students. You need to study, of course, in Switzerland.

Minimum investment amount

The minimum investment amount depends only on the bank. More than 250 Swiss banks dictate their own terms.

There is a pattern - the larger the financial institution, the larger the amount required for the minimum investment.

On average, this is an amount from 500 to 700 thousand Swiss francs. Of course, you can find much smaller amounts. More detailed information can be found on the websites of banks, by phone, and also from intermediaries.

Do not be sad if you need to have too much money in your account to open it. Each specific case is negotiated on an individual basis.

It is noteworthy that residents of Switzerland, as well as those who cross the border for work purposes with a certain frequency, have the right to issue an invoice without the obligatory payment of a minimum amount. This is possible at UBS, Raiffeisen, Credit Suisse, Postfinance and cantonal banks.

List of financial and credit organizations

As already mentioned, there are about 250 banks in Switzerland. Of course, the choice depends on personal goals.

If you want to work with all financial instruments (buying shares, for example), you should contact large banks, which are also called giants.

If you have a goal to get a standard set in the form of an account and a card, small banks that provide theirs to non-residents are quite suitable for you.

Yes, it is worth noting that not all banks work with non-resident clients. The table below will tell you the safest and most time-tested banks that work with clients from Russia:

banking organization	Types of deposits	The smallest contribution / balance
C.I.M Bank	Personal and corporate in any currency	5 000 USD/EUR
Credit Suisse Zurich	Personal and corporate	500 00 USD if the size increases by 2 times within two years
ClaridenLeu Bank Zurich	Investment savings	Minimum balance CHF 500 thousand
UBS Zurich	Investment savings	Minimum balance 1 million CHF/USD
Bank Julius Bar Zurich	Investment savings	Minimum balance CHF 1 million
Bank Sarasin Zurich	Private and corporate	Minimum balance CHF 320 thousand

Interest rates for today

You need to understand that most Swiss banks refuse non-residents to open a standard current account.

The offer remains only for the "investment" account, where the percentage is set according to the selected portfolio and market conditions. What is the interest rate on deposits in Swiss banks?

We can definitely say that a Swiss bank is not suitable as a way of income. Many domestic banks offer much more favorable conditions.

Deposits in Swiss banks for Russians offer interest of 2-3% per annum, which, you see, is several times less than the offers of domestic banks.

Advantages and disadvantages

What are the advantages of Swiss banks? Definitely, this is a high level of insurance and the absence of high-risk operations. Also, many investors are attracted by the absence of taxes.

If you have been wondering for a long time how to open an account in a Swiss bank and how the procedure works, but received little information. Then check out this article, where you can get complete information about it.

Swiss banks hold the most wealth of millionaires in the world. This is due to the fact that many old Swiss banks are the most reliable and have survived not only the global economic and financial crises, but also wars. But neither crises nor wars could destroy the main Swiss banking institutions, in which hundreds of millionaires from all over the world want to invest their money.

Who can open a Swiss bank account

All people, both residents and non-residents of Switzerland, can open a Swiss bank account. The difference when opening an account in a Swiss institution, between Swiss citizens and a foreigner, is that the foreigner is obliged to confirm the sources of origin of his capital.

To open an account in a Swiss bank, you need to appear in person in it. Remotely without personal presence, it will not work to open a bank account.

An exception for opening a bank account remotely may be bank brokers, such as Dukascopy, but they have high commissions and lower reliability. In addition to providing a bank account, they offer their clients to trade on. Here they have the possibility of opening an account remotely within a few weeks.

What documents are needed to open a bank account

When opening a current account in Switzerland, you will need: a foreign passport, an identification card (ID) and other official documents that will allow you to identify your identity. Also, when opening a bank account, documents confirming the origin of the money that will be invested in the account being opened are requested.

Therefore, before traveling, you should first prepare a list of required documents for opening an account in a Swiss banking institution!

A bank account is opened on average within one banking day, but there are cases of opening an account up to five days.

What currency is the account opened in?

Swiss banks allow you to open accounts: in euros, US dollars, British pounds and Swiss francs.

Minimum deposit for investment

The amount of the minimum investment in your bank account in Switzerland depends on the citizenship of the client and the conditions of the bank itself. Swiss citizens can deposit less and receive an additional advantage compared to foreigners. Additionally, there may be a difference in the conditions for accepting money in different Swiss institutions.

The approximate minimum deposit for opening a bank account for a foreigner is $500,000 or more. In young banks, the amount can be much lower, but correspondingly low guarantees.

The possibility of using a bank plastic card

For each bank account opened in Switzerland, the client can issue a bank plastic card. For detailed conditions, you should check with the bank where the account is opened.

Received, the client can use both in Switzerland and in his country and around the world.

Bank account maintenance

When opening a Swiss bank account, no fee is charged. But after an account has been opened, a commission for its maintenance immediately begins to accrue on it, as in any bank in the world.

Commission and other expenses are charged for maintaining an account, making bank transfers, servicing plastic cards, SMS notifications.

In Swiss institutions, maintenance is the most expensive in the world, so the cost of maintaining a bank account may exceed the deposit interest accrued on it. Therefore, when opening an account, you should carefully read the terms of service and tariffs.

Swiss bank privacy

In Switzerland, banking secrecy is treated very scrupulously. All banks are required to keep information about their customers confidential and not to disclose it to anyone. All former and current employees of banks, in case of disclosure or dissemination of bank secrecy, are subject to criminal liability.

As you know, legislation in Europe is more demanding and tough on its citizens than in Russia and the CIS countries. That is why banking secrecy in Switzerland will not be disclosed.

Security of funds

The safety of clients' capital in Swiss banking institutions is one of the most reliable, as they have withstood all world wars and crises. In addition, the state guarantees control and regulation over all banking structures in the country, with the help of strict control over all banks.

In the event of bankruptcy, all paper money in cells, precious metals, works of art and other material assets are guaranteed to be returned to their owners. As for the funds kept on deposits and bank accounts, they fall into the bankruptcy estate and are distributed among the bank's customers.

Conditions for closing a bank account in Switzerland

In most cases, closing a Swiss bank account and picking up your own can be done at the written request of the client. More detailed conditions for closing an account in Swiss banking institutions should be clarified when opening it.

Conclusion

When opening a bank account in Swiss banks, you should carefully study the laws of Switzerland, familiarize yourself with and understand the conditions and tariffs for servicing an account. Having the right information, opening an account in Swiss banking institutions will be smooth and simple.

Surely the phrase “to open a deposit in a Swiss bank” is familiar to everyone, because for many years many believed that such a privilege was available only to wealthy and wealthy citizens of other countries. However, this is a big misconception, because absolutely anyone can open a deposit account in Switzerland, and you need to understand why it is in a Swiss bank that wealthy people prefer to keep their funds, because the country's economy is built in such a way that the state in any situation remains neutral in relation to to the most important world events, which is why Swiss banks are considered the most stable and reliable. So, let's answer the main question, how to put money in a Swiss bank at interest.

Conditions for opening a deposit account

In fact, before answering the question posed, it is worthwhile to figure out what rules a potential investor must follow:

1. Absolutely all citizens residing outside of Switzerland can open a deposit account in a Swiss bank.
2. It is possible to open an account within 7 days after the depositor has submitted all the necessary documents.
3. For non-residents of Switzerland, there is a minimum investment amount on a deposit account, on average it is $ 5,000, but it can be adjusted depending on the financial institution you choose, it should be said right away that only Swiss citizens can deposit the minimum amount into an account.
4. The deposit currency can be any, including Swiss francs, dollars or euros and other world currencies, the choice depends on the preferences of the depositor.
5. You can open a deposit account in a Swiss bank remotely via the Internet, for this you just need to select a bank, find out the terms of cooperation, prepare the necessary documents and send them by mail, money can be transferred to the account by bank transfer.

Please note that only the depositor himself, without intermediaries, can apply for a deposit in Switzerland, if you are offered an intermediary service, then you should refuse it, because this is most likely a fraudulent scheme.

List of documents for Russian citizens

Deposits in Swiss banks will be somewhat more difficult to open than in Russia, therefore, before contacting a Swiss bank, it is worth preparing some documents. First of all, you need to make a copy of the identity document and certify it with a notary. If you have a foreign passport, you will also need a copy of it. Accordingly, all documents must be notarized.

Further, the depositor must take care to confirm the place of his residence. Despite the fact that the registration is indicated in the passport and a copy of it is attached to the package of documents, you need to make one more certificate, for example, if you have an account in a Russian bank, then you can go directly to the bank branch with which you cooperate and ask the employee to do something for you a copy of your personal account, certified by a bank employee with a note about your registration.

By the way, this, of course, is not necessary, but it is still worth paying attention to the fact that you need to provide a document confirming your income, that is, in other words, you must provide the bank with evidence that you directly have money. You must provide proof of your source of income or other source of income, such as from the sale of real estate or other assets.

Please note that after all the documents are ready, you need to send them to the legal address of the bank, you can learn more about the transfer and the list of documents from the bank with which you plan further cooperation.

Terms of service for deposit accounts

Contrary to the opinion of many potential depositors, the interest on deposits in Swiss banks is negligible, here the profit ranges from 0.1% to 1.5% per year. Of course, this is too low a return for stable Swiss banks, because even Russian banks offer several times more profit. But Swiss bankers are of a different opinion, the safer the investment, the less profit it brings. It is by this principle that the profitability of deposit accounts is calculated.

From the foregoing, it follows that a Swiss bank is not the most profitable way to invest free funds, at least for an ordinary person who does not have excess income, this method will seem at least appropriate, because in the end there will be no benefit from such a contribution. But if you have a large capital and want to keep it securely, then a Swiss bank is the best option for you.

By the way, one should also note the fact that the client can not only put money on a deposit in a bank, but also give it to trust management, because the rate of 0.10% per year probably does not suit potential depositors, and trust management of a savings account allows increase your income, and several times.

Please note that trust management is a voluntary transfer of funds to traders who invest them in other projects on the financial market and at the same time increase the capital of the investor.

True, here the procedure for opening an account is somewhat different, the investor must open a special trading account and find a trader based on two indicators - this is the level of profitability and his trading strategy. As for profitability, in this case it fluctuates around 10-12% per year.

Where to open a deposit

Currently, there are 327 financial institutions in Switzerland, half of the banking services market is owned by the two largest banks, namely UBS and Credit Suisse, so you can choose just one of them as a financial partner. Speaking briefly about UBS, most foreign investors prefer to cooperate with it, that is, open deposits here. It is included in the 30 most significant banks around the world. Credit Suisse Bank appeared in 1856, over the long years of its existence has formed a positive reputation and has earned a high degree of trust among the country's residents.

So, it is profitable to invest in Swiss banks or not, everyone decides for himself. In any case, Swiss financial institutions are always included in the list of the best banks in the world, as well as the most reliable. By the way, it is the work of banks in Switzerland that performs the most important economic functions, including being a stabilizer of the national currency, a price regulator in the domestic market and attracting investment from abroad to deposit accounts. Here you can always open a deposit, not so much for profit, but for the reliable preservation of your savings.