Financial Services

Open a Swiss Bank Account at a Boutique Bank in Switzerland

Local Bank in Zurich

Year of foundation: 2010

Headquarters: Zurich

Offices: Zurich

Rating: not issued

Tier 1 Ratio: 35%

AuM: CHF 2bn

Staff: 35

Strengths

• Traditional Swiss banking values

• 50% of share capital held in gold

• Employee-owned Swiss bank

• Strong corporate finance offering

• Hands-on approach unlike the bigger players

Weaknesses

• Niche player

Services and Fees

Yearly account fee: CHF 0

Hold mail fee: Free of charge

Online payments: Not available

Payments: CHF 20

Brokerage / Custody

Transaction fee: 0.25% p.a. (above account value of $3m) | 0.50% (below account value of $3m)

Custody: 0.20% p.a.

All-in fee: Upon request

Lending

Lombard lending: Usual LTV ratios

Residential real estate: Switzerland

Local Bank in Zurich

Year of foundation: 1956

Headquarters: Vaduz

Offices: BVI, Hong Kong, Luxembourg, Singapore, Zurich

Rating: A (S&P)

Tier 1 Ratio: 20.2%

AuM: CHF 54.5bn

Staff: 940

Strengths

• Third-largest bank in Liechtenstein, strong presence in Switzerland

• Listed on SIX Swiss Exchange, stable shareholder structure

• Strong focus on external asset management business model

• Professional and proactive client service

Weaknesses

• The bank does not trade in commodity futures

Services and Fees

Yearly account fee: CHF 60 (private account) | CHF 900 (corporate account)

Hold mail fee: CHF 1,000

Payments

CHF 20 (if entered online by client)

CHF 40 (if entered manually by bank employee)

Transaction Banking

Account opening fee: CHF 2,000

Yearly account fee: CHF 1,000

Payments: 0.05% of outgoing payment amount (but max. CHF 500)

Brokerage / Custody

Bond trade (over $500K): 0.30% per trade

Equity trade (over $500K): 1.05% per trade

Custody: 0.35% p.a.

All-in fee: Upon request

Lending

Lombard lending: Competitive LTV ratios

Residential real estate: Competitive offering for Swiss real estate