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Swiss Corporate Bank Account

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  • 03-01-2024 9:32pm
    #1
    the O Reilly connection
    Registered Users Posts: 83 ✭✭


    I was having a look at the cost of opening a Swiss corporate bank account and it seems pretty expensive. Credit Suisse and UBS expect you to deposit a minimum of 500,000 CHF to open the account. They don't say if you have to keep the money in there or not. I was wondering if there are cheaper alternatives to the these two banks?



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    #2
    Mick Tator
    Registered Users Posts: 670 ✭✭✭Mick Tator


    If you have to ask that question here you won't qualify.

    If your business is in Ireland why would anyone want a Swiss corporate account? If you have a Swiss operation the requirements are not that high. As an individual living outside Switzerland the banks are only interested in HNWIs wealth management accounts. Minimum deposit maintenance rules apply. They also have tightened up on AML



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    #3
    the O Reilly connection
    Registered Users Posts: 83 ✭✭the O Reilly connection


    Who said it was in Ireland?



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