Swiss Bank Account Opening

 

Switzerland is renowned for its stable and reliable banking system, making it an ideal destination for both Swiss and foreign companies looking to open business bank accounts. Traditionally, Swiss banks primarily served companies based in Switzerland; however, they are now accommodating businesses from around the globe. Whether you plan to incorporate your business in Switzerland or are seeking a secure banking solution for your operations, understanding how to open a Swiss bank account is crucial.

Open a bank account in Switzerland

Banks are part of Swiss culture since 16th century, therefore there is no surprise that the Swiss banking system is one of the biggest strengths of the country. The Swiss banking system is different than other European banking systems because it is based on the universal banking concept. This concept refers to offering all the banking services both commercial and investment. This is so that the risk to be spread over a greater number of business and customers.