In this article, we’re exploring the banks in Switzerland for foreigners. We’ll share details on how foreigners can open accounts with renowned financial companies, including the best banks in Switzerland, and answer common questions we receive from people exploring this topic.
This article is part of our free series on the best banks in Switzerland. You can access this series right now by using the link above.
In addition to detailed account opening guides, this free series on Swiss banking also discusses the largest banks in Switzerland, Switzerland’s opening requirements, the costs of banking in Switzerland, and much more. Use the link above to start exploring all of your free Swiss banking content right now.
Alternatively, use the table of contents to continue exploring more information on the best banks in Switzerland for foreigners.
Table of Contents
- Are There Banks in Switzerland for Foreigners?
- How Can I Open a Swiss Bank Account as a Foreigner?
- Frequently Asked Switzerland Banking Questions
- Ready to Unlock the Benefits of Swiss Banking?
Are There Banks in Switzerland for Foreigners?
Yes, there are banks in Switzerland for foreigners. These banks include foreign-owned banks, private banks, and other financial institutions that offer multi-currency accounts, investment options, and wealth management services.
Here is a list of five popular financial institutions that open bank accounts for foreigners.
Foreign Banks in Switzerland for Foreigners.
- Barclays
- BNP Paribas
- Deutsche Bank
- J.P. Morgan Chase Bank
- Société Générale
Opening a bank account as a foreigner or trying to find the best bank in Switzerland for expats requires preparation and careful consideration. We share details on how to open a Swiss bank account as a foreigner in the next section below.
How Can I Open a Swiss Bank Account as a Foreigner?
Determining how to open a Swiss bank account as a foreigner depends on various factors, including the bank you choose, the type of account you want to open, and your banking profile.
The requirements for opening a Swiss bank account as a foreigner also depend on your country of citizenship, country of residence, the financial services you are after, and your deposit level.
Here is a closer look at the common seven requirements foreigners can expect when opening a Swiss bank account.
Requirements for Opening a Swiss Bank Account as a Foreigner
- Government-issued identification
- Proof of residency
- Tax Identification
- Bank statement (from current bank account)
- Bank reference letter (not always required)
- Professional reference letter (not always required)
- Qualifying deposit
If you are interested in learning more about banking in Switzerland, don’t forget to visit our comprehensive guide on banking in Switzerland, available in the link above.
Alternatively, if you would like to explore all of your offshore banking options, download our free guide and compare Switzerland to some of the top banking jurisdictions available.
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Frequently Asked Switzerland Banking Questions
Below are a few of the most common questions we receive from people exploring the banks in Switzerland for foreigners. If you have further questions you would like answered, don’t hesitate to get in touch with us directly.
What American Banks Are in Switzerland?
There are five American banks in Switzerland. These five American banks include J.P Morgan (Suisse), CitiBank (Switzerland), Bank Morgan Stanley Ltd, and Goldman Sachs Bank AG. Each of these banks offers a variety of different banking services and products including wealth management, private banking, investment banking, and more.
Can Foreigners Open Bank Accounts in Switzerland?
Yes, foreigners can open bank accounts in Switzerland as long as they choose the right bank, meet the opening requirements, make a qualifying deposit, and have a suitable client profile. Bank selection is an important factor to consider when choosing where to open a bank account in Switzerland as a non-resident.
Which Bank Is Best for Non-Residents in Switzerland?
The bank that is the best for non-residents in Switzerland depends on the person applying for the account. More specifically, their citizenship, residency, banking needs, and deposit level. Not all banks in Switzerland are suitable for every client type. The best bank for you is likely to be different for another client type. Choose banks that accept similar client types, align with your banking needs, and have requirements you can meet.
Ready to Unlock the Benefits of Swiss Banking?
If you’re seeking better banking options, diversification, or enhanced privacy—our International Account Opening Service is your fastest, most effective path forward.
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Here’s what you can expect:
✅ Direct support from our international banking experts—so you’re never stuck guessing what to do next.
✅ Prequalification with banks that match your profile and actually want you (or your business) as a customer.
✅ Custom strategies to overcome any challenges and help you open the accounts you need—whether you’re a non-resident, entrepreneur, investor, or global citizen.
✅ Personal introductions to banks that perfectly match your profile (not random suggestions you have to cold-call yourself).
✅ Answers to tough questions about documentation, compliance, and what works in today’s evolving banking climate.
✅ Guaranteed account opening because we will keep working with you until you successfully open the bank account you need.
And yes—GlobalBanks’ International Account Opening Service is purpose-built for foreign and non-resident individuals and companies.
But, spots are limited and we only accept qualified applicants—so if you’re ready to move forward, take 60 seconds to complete your free assessment.
