Banking
Switzerland is well known for its thriving banking and financial sector. As a leader in banking services, you can be sure to get an excellent banking service whilst living here in Switzerland. Above all, the banking system scores extremely well on security and efficiency. Bank clients are offered services tailored to meet their particular requirements, be it simply opening a bank account with credit and debit cards and e-banking or more sophisticated investment advice. The key to choosing a good bank is to match offerings and client relationship personnel to your own banking needs.
First of all, you don’t need to worry about the language barrier when applying to open a bank account in Switzerland: front office employees in most major Swiss banks speak English and a few of them even have English versions of their brochures, such as UBS.
Opening an account in Switzerland, or anywhere in the world, for that matter, is subject to various regulations, so the first thing you need to know is that the application process can vary depending on your nationality and place of residence. But for your application, there are three things you will need regardless:
-An ID card or passport
-A valid Swiss residence and work permit (or a residence permit plus a Swiss employment contract)
-Yourself
The last point is as important as the first two, because you cannot open a bank account over the phone or send your partner or even your lawyer to open one for you. Swiss laws require banks to verify a potential client’s source of income and confirm his or her identity.
Since spring 2009, American and green card holding clients are required by the US Government to observe special regulations in all banking business while residing in Switzerland. Please ask your bank advisor to direct you to the proper member of the bank team authorised to work with such cases.
The currency is Swiss franc, CHF. The Swiss franc comes in the following denominations: Coins: 5, 10, 20, 50 (Rappen) and 1, 2, 5 fr / Banknotes: 10, 20, 50, 100, 200, 1000
Swiss Money
Prime Relocation is a proud member of Harmony Relocation Network. Harmony is a global network of locally owned relocation companies, upholding strong family values through generations of heritage. We are a network of committed partners, brought together in one truly global and solid infrastructure with cutting edge technology, an ISO-tested quality system and leading sustainability criteria.
Prime Relocation GmbH conducts business according to the code of conduct of EuRA‚ The European Relocation Association.
Prime Relocation GmbH obtained the EuRA Global Quality Seal Plus on 26th August 2016.
Based on an ISO 9001 process management model, the GQS+ specifies the processes and KPIs, which reflect the very highest standards in relocation services as well as relocation related services. As a full member awarded with the EuRA Global Quality Seal Plus, Prime Relocation GmbH demonstrates a total commitment to quality.
