How To Open Swiss Bank Account

Learning how to open a Swiss bank account brings up visions of espionage and intrigue. Yet, there are legitimate reasons why you would want to open a Swiss bank account. The problem is the average person has absolutely no idea how to even start.

Things you'll need:

• Passport or other internationally recognized document
• Plane ticket to Switzerland (if necessary)
• Bank statements, sale of securities, etc.

1. Who can open a Swiss bank account? In theory, any adult can open a Swiss bank account, but not everyone is accepted. Swiss banks will reject anyone it deems a risk to their reputation. Suspected criminal activity regarding a deposit will result in the rejection of the application.
2. How to open a Swiss bank account from your own country. If your country has a branch or subsidiary office of a Swiss bank, you can open a Swiss bank account from your specific country. If the Swiss bank in question does not have representation in your country, contact the bank directly. You may have to travel to Switzerland and appear at the bank in person to verify your identity. Swiss banks follow very strict guidelines and must verify official documents to establish your identity.
3. How to open a Swiss bank account on the internet. You cannot open a Swiss bank account via the internet.
4. What documents do Swiss banks require? A passport or other internationally recognized document that contains a photograph. Documents proving the origin of the funds like, bank statements, a home sale contract or receipts for the sale of securities.
5. How to open a numbered Swiss bank account. Numbered accounts are not anonymous accounts. The same verification process is used to prove your identity that is used to open any other type of account. With a numbered account all of your bank business is conducted under a number, however the bank does know your identity.

Opening a Swiss bank account can be a tedious affair, however by following the steps listed you now are equipped with the knowledge of what to expect. Most Swiss banks do not require a minimum deposit to get your account started, just be prepared to verify your identity and make a possible trip to Switzerland.