.
5. When the bank will receive your envelope your new account
will be operative.
The timeframe for all these steps is anywhere from 1 to 2
weeks, depending on your location. A customer from France
wrote us that the Opening Kit arrived in three days from
Switzerland, another customer from India told us that it took
8 days to reach her location.
Why should I open an account in Switzerland?
Switzerland is a stable, neutral country with centuries
of democratic tradition. Swiss Franc is a currency backed by
gold and the most stable in the world. The banking sector is
so regulated that it's almost impossible to lose money if you
put it in Switzerland. The quality of the banking services is
excellent and you can manage your account from the comfort of
your home, from any part of the world.
Will
my account be stable? Are the Swiss Banks you are working with
really cooperating in opening accounts for non-Swiss residents?
Sure.
First, all the accounts are insured by the Swiss
Government. Regarding working with non-Swiss residents :
that's normal routine for Swiss Banks. They have clients
from all over the world.
Is my privacy really assured with my Swiss bank
account?
Totally assured. Swiss bank secrecy is regulated by
both civil law (including the banking act) and criminal law.
Violation of the secrecy can thus be subject to double
punishment: prison and fines.
Do I need special documents to open a Swiss bank
account?
No. Only an copy of your passport legalized is
required. In case of a business account, the bank may require
apostilled Articles of Association and/or Commercial register
extract. It depends on which kind of company or business do
you have. If you want to know exactly which documents you need
for your business account contact us specifying exactly the
typology of your business (Association, LLC, Cooperative
etc..)
Are the Bank accounts insured?
Yes, the Bank accounts are fully backed by the Swiss
government.
I am from the United States, can I open an account in
USD?
Sure! Our accounts have a multicurrency feature. You
can have your main account in USD, EUR, CHF.
Will I be able to do all banking operations?
Yes. All the operation can be done trough an intuitive
and complete online banking interface.
Do I need to come in Switzerland in person to open an
account?
No. You can apply online trough this website. There is
no need to come in Switzerland in person.
Can I fax you the necessary documents to open an
account?
No. Our is only an introductory service : we introduce
you to the bank and all the correspondence will be between you
and the bank. Usually the opening process is done via snail
mail.
Can I have a credit card?
Sure, once your account is opened you can request a
credit card.
How much is the minimum deposit for a credit card?
The minimum deposit is decided individually, usually it
must be equal to the credit card monthly credit. So if your
credit card has for example a $5.000monthly spending limit,
your minimum balance must be $10.000.
Do I have to pay taxes on the money I deposit/invest in
Switzerland?
There are no taxes on the money you invest or deposit
in Switzerland. We are speaking about Swiss taxes only and we
advise you to check with your local fiscal laws to see if you
would be liable for taxes in your country upon accounts held
in Switzerland.
How can I withdraw money from my Swiss account?
You can withdraw money from your Swiss account trough a
bank transfer to a bank account in your country or using your
Credit Card or exchanging a check in a local bank or
alternatively you can come in Switzerland and take the money
in person.
How can I deposit money in my Swiss account?
You can deposit money in person or trough a bank
transfer.
Exactly which currencies can I use from my
transactions?
You can use : CHF Swiss Franc, EUR European Euro,
USD American Dollar
I
heard that Swiss banks need a proof of the economic origin of the
funds. Is that true?
This is true only for very big sums, to prevent money
laundering. Usually banks will require this kind of proof if
you will deposit something like $1,000,000 or more.
Can I cash checks?
Sure, you can cash checks in person or by mail.
Will my account get interest?
Yes, but every currency gets its own interest rate in
its sub-account.
Why
your prices are so low? Usually companies charge from $199 to $1000
for a Swiss account!
Because we don't like to overcharge our customers and
we sustain that everyone has the right to his/her privacy and
to secure his/her money. Swiss accounts are not only for
millionaires.
I
want to open a Swiss account but I am concerned about my privacy. If
I use your services is my personal data at risk?
Absolutely not! Your privacy is 100% protected in many
ways with us!
We act only as an intermediary and our job ends the
exact moment we will pass your information to the bank. From
that moment all the communications and all the correspondence
will be between you and the bank. We will not be informed by
the bank about the status of your application, nor we will be
informed about your financial situation or banking data.
Your personal data and your correspondence with us is
maintained strictly confidential .
It's possible that the bank will reject my application?
Yes, the possibility exists but it's very, very remote.
Nobody of our clients was rejected so far, and we opened
hundreds of accounts. Usually a bank rejects an application
only if the applicant is an international criminal , or he/she
comes from third-world, "risky" countries like North
Korea or Iraq.
Do you offer a money back guarantee?
Sure.
If the bank will reject your application, we will refund your
money entirely.