How to open a bank account in Switzerland?

Most people plan to move to Switzerland for working or studying, because of its beautiful scenery and a high standard of living.

If you are planning to stay in Switzerland for a long time, a Swiss bank account can be beneficial. This will make it easy for you to get paid by your boss and pay all of your bills and living expenses.

What documents do you need to open a Swiss bank account?


There are some documents needed for opening a SWISS BANK account, these are:

  • Valid Passport,
  • Address Proof,
  • Evidence of residence status, and
  • A letter from your boss.

Getting certified copies of your documents is one of the challenges you may face. Unfortunately, scanning and emailing copies to the bank is not always possible.

In some cases, you may need to use a lawyer to authenticate the copies of your documents. They will attach a certificate known as an apostille stamp, before posting your documents to a bank in Switzerland.

Some Swiss banks ask for identity proof via video.


How to open a bank account in Switzerland online?


A Swiss bank account can be open online without visiting Switzerland. Many national banks' websites are available in English, so you can learn more about the process and what documents are required. This can make the process easy and time-consuming.

Some banks allow non-residents to open accounts online, but others will require you to visit a Swiss branch to carry out the process.


How to open a non-resident bank account in Switzerland?


Visiting a local branch and completing the process in person is the easiest way to open a bank account in Switzerland. To find out what documents you will need to bring with you, you must call the bank or go to their website.

You shouldn't need to schedule an appointment because a customer service representative will guide you through the process. English-speaking customer service staff can be found at most Swiss banks in large cities.

After you have completed this, your new account will be ready in 7 to 30 days. You will get a debit or credit card in the post 7-10 days after opening the account.

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