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Swiss Bank Accounts: Classic Swiss Bank Account
This account is our best selling account, and offers many powerful features such as internet banking, credit cards, and very wide investment options. We like it so much that when the Swiss mother of one of the partners of our company asked us where she should put her money, we opened her a Classic Swiss bank account.
- Excellent internet banking access
- Outstanding service
- Credit cards
- Very wide array of investments options
- Multiple currencies accounts available
- Biggest bank in Switzerland
- Our best selling account ever
- Offices everywhere in Switzerland, including at international airports
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| Jurisdiction |
Switzerland |
| About the bank |
One of the biggest banks in the world, with over 48'000 employees, Sfr.600'000 millions of deposits and more than Sfr.29'000 millions of equity. Started operations in 1912. |
| Min balance |
€3,500 |
| Opening by mail |
Yes |
| Internet banking |
Powerful and easy to use internet banking access. This system enables you to view your account statements online, transfer funds to any bank account in the world and invest money in the stock market (online trading). You will have a direct access to electronic markets such as the Nasdaq or the Swiss stock exchange and will be able to enter your orders for all other world markets. Security is ensured by military-grade encryption, two passwords and a code which changes for each session (scratch list).
This system is not available for people living in Australia, Canada, Japan, New-Zealand, USA and Italy. If you live in one of these countries and need internet banking access, please see the internet banking account for an alternative or contact us.
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| Mail retaining |
For Sfr.200.- a year you can ask the bank to keep all mail related to your account. To read your mail, you can either ask the bank to send it to a specific address, say, 3 times a year, or come and read it in person. |
| Credit cards |
Mastercard and Visa available, with or without the bank logo. Annual cost is Sfr.100.- the first year and Sfr.50.- a year thereafter. Both cards are available in Swiss Francs, US dollars and Euros. The Mastercard is also available in British Pounds.
You can use these cards to withdraw cash at ATMs worldwide. Withdrawal cost a flat fee of Sfr.5.-
To get one of these credit cards, you need to deposit a security equal to 1.5 times the card's monthly credit limit. This security will remain blocked as long as you keep the card.
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| Investment options |
You can invest in any kind of security (stocks, bonds, options), in commodities, precious metals, investment funds and currencies through your account. |
| Annual expenses |
Accounts with a balance exceeding Sfr.10'000.- pay no maintenance charges. Below Sfr.10'000.- maintenance charges are Sfr.72.- a year or Sfr.24.- if you use the internet banking facility to manage your account.
International bank transfers cost Sfr.5.- per transfer if ordered through the internet, Sfr.10.- if ordered using a bank form, Sfr.18.- if ordered by letter and Sfr.25.- if ordered by phone or fax. Domestic bank transfers (to another Swiss bank account) are free if ordered through the internet, Sfr.2.- if ordered using a bank form, Sfr.10.- if ordered by letter and Sfr.17.- if ordered per fax or phone.
Cashing international cheques cost Sfr.5.- for the first cheque in the batch, then Sfr.1.- for each additional cheque.
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| Account officer language |
- French
- English
- German
- Italian
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| Available currencies |
Any currency |
| Restricted countries |
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| Restricted citizenships |
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| Set-up fee |
€800 |
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