Opening a Bank Account in Switzerland as a Non-Resident
Banks known to accept non-residents: Swissquote, Dukascopy, Yuh, UBS Private Wealth, Pictet. Availability changes — confirm current policy directly with the bank before travelling or wiring funds.
| Minimum deposit | CHF 0 at Dukascopy up to CHF 10,000–50,000 for standard personal accounts, CHF 500,000+ for numbered accounts, up to CHF 10 million at UBS Private Wealth/Pictet |
|---|---|
| Remote opening | Possible at some institutions — see note below |
| Typical timeline | 2–6 weeks for standard-risk non-residents; 6–14 weeks for enhanced due-diligence profiles |
Remote opening in detail
Swissquote and Dukascopy offer full remote onboarding; traditional private banks generally require at least one in-person meeting.
Documents you'll need
- Valid ID
- Proof of address
- Source-of-funds documentation (contracts, salary slips, inheritance papers)
- 12 months of bank statements
- Reference letter from accountant or lawyer (recommended)
Is Switzerland CRS-Compliant?
Switzerland participates in the OECD Common Reporting Standard — your account details can be exchanged with your country of tax residence. Check the exact exchange status on our sister site's live CRS/FATCA jurisdiction checker.
Frequently Asked Questions
Can a non-resident open a bank account in Switzerland?
Swissquote and Dukascopy offer full remote onboarding; traditional private banks generally require at least one in-person meeting.
What is the minimum deposit for a non-resident account in Switzerland?
CHF 0 at Dukascopy up to CHF 10,000–50,000 for standard personal accounts, CHF 500,000+ for numbered accounts, up to CHF 10 million at UBS Private Wealth/Pictet
How long does it take to open a bank account in Switzerland as a non-resident?
2–6 weeks for standard-risk non-residents; 6–14 weeks for enhanced due-diligence profiles
Sources, last verified 2026-09-29:
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