Opening a bank account in Switzerland with little money :)

#44
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#45
Ps I've had an account for a couple of years following discussions here. My experience has been positive with great prompt support comms. I think there is a quarterly fee if you trade but if you only hold fiat then the account attracts no charges. Nice.
 
#46
Their website states that if your total assets are greater than CHF 50'000 the quarterly fee is waived. Was this true in your case?
 
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#47
Marshal said:
Their website states that if your total assets are greater than CHF 50'000 the quarterly fee is waived. Was this true in your case?
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No, I simply wasn't charged a fee because I didn't hold any stocks etc, just a small amount of CHF and EUR. when I opened the account they gave me some free stocks and when the fee kicked in they confirmed if I sold the assets there would be no charge.
 
Reactions: jafo
#48
Marshal said:
Their website states that if your total assets are greater than CHF 50'000 the quarterly fee is waived. Was this true in your case?
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If you have more than 50'000 CHF, you actually pay more
https://www.swissquote.com/en-ch/private/trade/pricing/account-fees
Marshal said:
I am pretty sure if you are Swiss you won't have any problems opening a Swiss bank account. But I was referring to EEA nationals and residents.
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I have him all options including those for EEA. Otherwise come visit Switzerland, I may join you for some bank trip. Been doing this since I was 8, with my parents driving me from bank to bank.
 
Reactions: jafo
#52
Marshal said:
So Alpian is the cheapest when it comes to fees. If you hold with them more than CHF 50K+ you won't pay any fees provided money is held in your current account. And they even pay interest on cash deposits. Can someone confirm?
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If you do not have stocks, etc. you don't pay anything with Swissquote, Flow, Alpian. With Swissquote and Flow, you also don't pay anything if you are below 50k. (The title reads Swiss account with little money.)
 
#53
daniels27 said:
If you do not have stocks, etc. you don't pay anything with Swissquote, Flow, Alpian. With Swissquote and Flow, you also don't pay anything if you are below 50k. (The title reads Swiss account with little money.)
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Just a tiny correction: If you are below 50k, with Alpian you pay 45 quarterly (0-10k) or 22.5 quarterly (10k-50k) in any case – but it's not much, really. But not to overlook, you need to be a Swiss resident to be onboarded by Alpian. For Swissquote and Flow, I do not recall exactly now but I think you are right.
 
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#54
Holy f*cking H3LL!!!

Thanks for sharing!
 
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#56
I only know of 3 that work with lower amounts and that are claimed to allow non residents. I've tried all 3 before:

1. Swissquote. Their sign up process was glitchy and recieved copy-past style advice from them about how to fix instead of accurate advice so couldnt finish sign up.

2. Dukascopy. Also a glitchy sign up process and went through a bunch of hoops only for them to ghost me in the end after me asking for help with their glitchy system.

3. C.I.M. Banque. Was going fine in the beginning with signing up but initially said the minimum deposit was 5000 CHF or EUR, then after doing some extra K.Y.C. they sent messege asking me even more questions which I answered, then they sent messege claiming my account would need minimum of 100,000 CHF or EUR with no explanation for the change.
 
#59
They have been good for business banking where everything else fails.
 
Reactions: DarkMatterPool and JohnLocke
#60
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