Open bank account as foreigner in Switzerland
How to open a bank account in Switzerland from abroad: how the procedure works
Opening a Swiss bank account from abroad is possible for non-residents: Swiss banks offer a high level of service and a wide product range, and the procedure runs on a strict document package. What decides the outcome is preparation, not geography.
Opening a bank account in Switzerland for foreigners is possible if the interested person:
- Is 18 years old and over.
- Does not have an unexpunged criminal record for financial crimes.
- Provides full information about themselves and their savings.
- Not a tax evader.
| Jurisdiction | Switzerland |
| Who can apply | Non-residents, remote start possible |
| What banks check | Full document package, source of funds |
| Service level | Premium banking, wide product range |
| Setup cost | On request |
Free initial consultation on legal issues related to the daily activities of the business
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learn moreFrequently Asked Questions
In order to open a bank account in Switzerland, it is necessary to fill out and submit KYC and AML banking forms, the company's statutory documents and personal documents of directors and beneficiaries. The Bank may additionally request agreements with partners and other information. Key persons need to pass verification for successful account opening.
We select banks taking into account the country of registration of the company, residence of beneficiaries and directors, planned turnover, required currencies and regions of payments. When selecting a bank, its reputation and rates are also taken into account. In order to select the most optimal option for your company, please contact our specialists.
The final cost of opening an account in Swiss banks is influenced by various factors (country of registration of the company, residence of participants, type of activity, etc.). You can find out the exact cost of opening a Swiss bank account for your company by contacting our specialists.
In order to open a bank account in Switzerland, a personal visit to the bank is required. Some banks allow remote verification.
