Raiffeisen Bank Switzerland Open Account

Creation of the banking group was guided by two principles.

Raiffeisen bank switzerland open account. But if you re a frequent visitor to switzerland or you re planning to move there you ll have to step away from the silver screen and become familiar with the realities of banking in switzerland. August 12 2011 at 7 34 pm. If you can make your initial visit in person before you move this is usually best. Each bank will set the minimum deposit amount for opening the account so you will need to find a bank that will accept the amount of funds you have.

I give preference to smaller banks rather than to ubs or credit suisse reply. Potential customers living outside of switzerland who wish to open a swiss bank account but cannot visit a branch in person may be able to request an application package by mail. There is a risk of a catch 22 situation where it s hard to get housing because you don t have a bank account and hard to get a bank account because you don t have an address. I think you ll be best off with a maestro card or similar from a bank like raiffeisen or clientis.

Who can open a bank account in switzerland. You can hold an account in swiss francs or in a range of other world currencies. Dollar euro or sterling and there is often no minimum balance required to open an account. By becoming a raiffeisen member you can also enjoy many benefits.

According to the swiss law non residents who want to open a swiss bank account must be at least 18 years old. Rbi is a consolidated subsidiary of raiffeisen zentralbank österreich ag vienna austria and one of the leading banks in austria central and eastern europe. Documents provided by the potential customer will need to be authenticated either by a notary an employee of the swiss bank or an employee of a correspondent bank that the swiss bank is willing to work with. Your account can be in almost any currency although most choose the swiss franc u s.

For new arrivals to switzerland it s best to start sorting out a swiss bank account straight away. Cash withdrawals in chf at atms of the same bank in switzerland are free of charge for cash withdrawals in chf at atms of other banks in switzerland there is a fee of chf 2 00 per withdrawal. Do not wait to be helped help yourself and we are stronger as a group. Swiss banks are happy to have foreign residents as customers.

Currently the bank does not open accounts for foreign companies but specializes only in providing investment services to clients of the raiffeisen banking group. The history of formation and development of raiffeisen bank international ag has its origins in the mid nineteenth century and is associated with such name as friedrich wilhelm raiffeisen 1818 1888. Other than that there aren t a lot of restrictions.