Top 5 Swiss banks for non-residents in 2021

Opening an account in a Swiss bank for non-residents in 2021 is relevant because financial organizations of this country offer favorable conditions and a wide range of products. To open an account in Switzerland for a non-resident in 2021, contact our specialists at IT-OFFSHORE.

Features of the banking sector and the advantages of registration

Switzerland is the most reputable global center of offshore banking. The jurisdiction is often used for account registration in order to protect assets. The territory has a positive reputation. Approximately ¼ of offshore assets worldwide are managed by banks of this country.

Financial organizations in the territory are dynamic and highly competitive, using modern technology. The peculiarity of opening an account with a Swiss bank is that customer checks have become more stringent - this is due to the growing demand for services.

Usually registration requires 1 million euros or dollars. In some cases, it is possible to register a smaller number of assets. Registration of a corporate or trust account is becoming less straightforward. A company is required to have audited financial statements.

Top 5 financial institutions

When opening an account for an individual or a company, it is important to consider the respectability of the bank and its requirements for a minimum deposit, number of documents, residency, etc.

UBS

It is possible to open an account at UBS in 2021; this bank is the largest in the world. The institution offers quality service and private banking. It has a subsidiary bank that is focused on cooperation with clients from the United States.

Reichmuth

Opening an account at Reichmuth in 2021 is recommended for those who plan to receive first-class service. Located in a castle in Lausanne, it is quite young, given that it was founded in 1988. It is considered a private bank.

BNP Paribas

When opening an account with BNP Paribas 2021, it is important to know that it is the largest commercial French bank. However, it has a history of operating in Switzerland. The institution offers asset management in Switzerland, a platform for investing.

CIM Bank

It is recommended to open an account with CIM Bank in 2021 if you plan to cooperate with a small bank that provides private services. This institution has three branches.

Dukascopy

When opening an account with Dukascopy in 2021, it is important to keep in mind that this is an online bank that specializes in trading. It is possible to open an account for just 100 US, and the organization has a positive attitude towards cryptocurrency. It is possible to send and receive transfers, but restrictions must be considered. It is possible to issue plastic or virtual credit cards in different currencies.