Hi!
I used search with "best bank" but haven't found any relevant topics...
Basically I'm going to Switzerland and I have to open a bank account.
I am quite reluctant to use a "local bank" as it's pain when you move or want to transfer money.
I have seen "HSBC" have offices in Geneva, and with them you can have multiple accounts (in other countries) and it's free and easy to ...
Since you need to move or transfer money I'll mention that UBS tries to charge you a percentage (1% I believe) on withdrawals over 100k unless you give 3 months notice. A right pain when you see that the exchange rate is favorable and would like to send your savings back home. Credit Suisse on the other hand will let you withdraw up to 500K without notice.
I've been a HSBC customer for the ...
Update!
HSBC geneva is only for PRIVATE bankings, which means you need to have over 1million us dollars savings!!!
So basically I have choices with UBS + BCS (canton bank) + Credit suisse
UBS and Credit suisse are VERY expansive! Like over 140chf per year!! (its like 40chf a year for maestro normal card, then 10 chf per month )
BCS is cheaper but still like 30chf + money ...
Quote: Boxman I could've told you that.
I'm with Postfinance and Banque CIC. For retail, I'd recommend Postfinance. Thanks!
Iam going to have a look now!
Quote: CorsebouTheReturn Update!
HSBC geneva is only for PRIVATE bankings, which means you need to have over 1million us dollars savings!!!
So basically I have choices with UBS + BCS (canton bank) + Credit suisse
UBS and Credit suisse are VERY expansive! Like over 140chf per year!! (its like 40chf a year for maestro normal card, then 10 ...
Quote: Boxman the magic number for free at Postfinance is......
7500 francs deposited. Do you mean above 7500 one or more of these go away on a private account?:
Account management...CHF 3 per month
PostFinance Card.....CHF 12 per year
Payment order........CHF 2 per order
If not, then what becomes free? ...
Quote: Boxman https://www.postfinance.ch/pf/conten...ine/offer.h tml
also play with their calculator https://www.postfinance.ch/pf/conten...PrivateInit .do
Someone gave me a link to compare offers ( www.comparis.ch ).
it still looks vague to me, all these offers...
Not many cheap+
Yes I can get a "...
Quote: btb Has it ever occurred to anyone else that practically every bank with international operations has a branch in Switzerland, but 99% of them are only of the wealth management type? This has always bugged me. ING, HSBC, Citibank, BoA, they're all here, but they just won't open up retail branches here. Even though, they have no problem breaking into virtually every other market like Germany, Turkey, or China. The only foreign...
Quote: CorsebouTheReturn Update! HSBC geneva is only for PRIVATE bankings, which means you need to have over 1million us dollars savings!!! So basically I have choices with UBS + BCS (canton bank) + Credit suisse UBS and Credit suisse are VERY expansive! Like over 140chf per year!! (its like 40chf a year for maestro normal card, then 10 chf per month ) I set up my sterling account with HSBC by post, I haven't seen a branch here. I just...
Quote: btb Has it ever occurred to anyone else that practically every bank with international operations has a branch in Switzerland, but 99% of them are only of the wealth management type? This has always bugged me. ING, HSBC, Citibank, BoA, they're all here, but they just won't open up retail branches here. Even though, they have no problem breaking into virtually every other market like Germany, Turkey, or China. The only foreign...
Quote: Boxman the magic number for free at Postfinance is...... 7500 francs deposited. Do you mean above 7500 one or more of these go away on a private account?: Account management...CHF 3 per month PostFinance Card.....CHF 12 per year Payment order........CHF 2 per order If not, then what becomes free? (I'm not doubting your word, Boxman, just don't see where that's published.)
Quote: CorsebouTheReturn It means when opening, or regularly? I am checking your links it,s not so clear+ Also POSTFINANCE card you cant use ATM abroads...+ ATMs abroadNot possible Hm...my card has worked just fine in bank machines in the UK, US, Sweden, Netherlands, Spain, etc.
Hi, were just about to open a Swiss bank account and still waiting for our B permit, which seems to be a problem with some banks. We have our Attestations from employer and Canton stating all is in order. Apparently we can with open an account with BCV and am going to check with CS tomorrow. I hope someone can help or who is in the same position; 1. We have a HSBC account in the UK (they don't seem to deal in CHF unless your loaded) 2. We...
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