2. How to Open a Swiss Bank Account as a Student or Newcomer
Why You Need a Swiss Bank Account
in Switzerland. It helps you manage your money, pay rent, receive
scholarships or salary, and make everyday payments easily.
Step-by-Step Guide to Opening Your Account
Follow these simple steps:
- Choose the Right Bank: Some popular banks for students
are UBS,
Credit Suisse,
and
PostFinance. - Prepare Your Documents: Typically, you need:
- Valid passport or ID
- Proof of residence (rental contract or confirmation letter)
- Student enrollment certificate
- Residence permit or visa
- Initial deposit (varies by bank)
- Visit the Bank or Apply Online: Some banks allow you to
open accounts online, but many require a personal visit. - Sign the Agreement: Read and sign the contract and
terms of service. - Activate Your Account: Once approved, you will receive
your bank card and online banking details.
Best Banks for Students in Switzerland
- UBS: Offers student accounts with low fees and good
online services. - PostFinance: Known for easy account opening and
affordable fees. - Credit Suisse: Provides various account options with
student discounts. - Neobanks (e.g., Neon, Zak): Mobile-only banks with
no monthly fees, great for tech-savvy students.
Important Tips
- Always check fees for account maintenance, ATM withdrawals, and
international transfers. - Keep your banking documents safe and never share your password or PIN.
- Use online banking apps for easy money management and payment tracking.
Useful Links