AFGH Architects, Single-family home, Zurich
Financial Services
Open a Swiss Bank Account at a Private Bank in Switzerland
Private Banks in Switzerland
Private Bank in Geneva
Year of foundation: 1969
Headquarters: Geneva
Offices: Beirut, Brussels, Dubai, London, Hong Kong, Luxembourg, Monaco, Milan, New York, Paris, Singapore, Tel Aviv, Tokyo, Zurich
Rating: AA (Moody’s)
Tier 1 Ratio: 25.6%
AuM: CHF 140bn
Staff: 1,743
Strengths
- Very strong capitalization
- Flexible if needed
Weaknesses
- High account keeping fees and expensive pricing in general
Services and Fees
Yearly account fee: CHF 3,600
Hold mail fee: Free of charge
Online payments: Available
Payments
Free of charge (if entered by client online)
CHF 30 (if entered by bank)
Brokerage / Custody
Bond trade (over $250,000): 0.30% per trade
Equity trade (over $250,000): 0.90% per trade
Custody: 0.20% p.a.
All-in fee: 0.40% p.a. (but there is a separate ticket fee of CHF 150 per trade)
Lending
Lombard lending: Competitive LTV ratios
Residential real estate: Switzerland and Europe
Private Bank in Geneva
Year of foundation: 1844
Headquarters: Geneva
Offices: Berne, Brest, London, Montevideo, Nyon, Paris, Rennes, Singapore, Zurich
Rating: Not issued
Tier 1 Ratio: 23%
AuM: CHF 11bn
Staff: 230
Strengths
- One of the last authentic Swiss private banks owned and managed by the 5th generation of its founders
- Flexible and truly client oriented
- UK Investor Visa Tier 1 portfolio management available
Weaknesses
- Weak lending position
- No online banking to execute payments
Services and Fees
Yearly account fee: CHF 800
Hold mail fee: Free of charge
Online payments: Not available
Payments
CHF 20 (but no online banking available)
Brokerage / Custody
Bond trade (over $250,000): 0.40% per trade
Equity trade (over $500,000): 1.00% per trade
Custody: 0.16% p.a. (personal account) | 0.20% (corporate account)
All-in fee: Upon request, but competitive
Lending
Lombard lending: Very weak LTV ratios
Residential real estate:
Switzerland via third party
Private Bank in Zurich
Year of foundation: 2018
Headquarters: Zurich
Staff: approximately 50
Strengths
- Bank for entrepreneurs, their families and their businesses
- Merchant banking activities include corporate banking, trade finance
Weaknesses
- Small player, no real estate lending
Services and Fees
Account opening fee: CHF 1,000
Yearly account fee: CHF 2,500
Hold mail: Free of charge
Online payments: Available
Payment Traffic (Swiss company)
CHF 5 (payment in CHF)
CHF 30 (foreign payment under 30,000)
CHF 50 (foreign payment CHF 30,000-100,000)
CHF 300 (foreign payment CHF 100,000-1m)
CHF 500 (foreign payment over CHF 1m)
Payment Traffic (foreign company)
0.1% on turnover (incoming and outgoing payments)
Brokerage / Custody
All-in fee:
0.50% p.a.