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Expat Advice: Financial Issues in Zurich, Switzerland

Submitted by ResearchTeam

What is the name of the city or town that you are reporting on?

Zurich

Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.

The best way to setup a bank account in Zurich is to visit a branch of a local bank in the city. Many major international banks such as UBS, Credit Suisse and Zürcher Kantonalbank have branches in Zurich, and they all offer a wide range of services including bank accounts and investment products. Additionally, there are many smaller Swiss banks that provide services exclusive to the Swiss market. It is highly recommended to do research prior to visiting a branch to determine which bank best meets your needs.

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