List of Commercial Banks in Switzerland

In this article, we’re exploring the list of commercial banks in Switzerland. We’ll share details on the registry of banking organizations and a list of banks in Switzerland that fall into this category, what you should know before opening accounts with Swiss commercial banks, and answer common questions we receive from people exploring this topic.

This article is part of our free series on the list of 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 list of commercial banks in Switzerland.

Table of Contents

1. List of Commercial Banks in Switzerland
2. What to Know Before Opening Accounts With Commercial Banks in Switzerland?
3. Frequently Asked Switzerland Banking Questions
4. Ready to Unlock the Benefits of Swiss Banking?

List of Commercial Banks in Switzerland

Commercial banks in Switzerland cater to local residents, domestic businesses, organizations, and entities. The services offered by commercial banks include savings and chequing accounts, loans, payment cards, and investment products. 

Here are six commercial banks that operate in Switzerland.

Commercial Banks in Switzerland

1. Banque Cantonale Vaudoise
2. PostFinance
3. Raiffeisen Schweiz
4. UBS
5. Zuger Kantonalbank
6. Zürcher Kantonalbank

Please note this list only includes six of the many commercial Swiss banks currently operating in Switzerland. Additionally, the banks listed also are presented in alphabetical order and the order does not reflect any rating or suggestion of suitability for account opening. Depending on your client profile, there are other finance firms, including a list of retail banks in Switzerland that are more suitable.

These commercial banks also offer other types of financial services. The services available to you depend on your citizenship, residency, and deposit level.

It’s important to carefully assess the financial institutions available to you, their preferences, banking risks, and requirements. This is because not all banks in Switzerland are suitable for every client type. Bank selection will be an important factor to consider when applying for an account with a commercial bank in Switzerland.

There are other factors you need to consider before opening accounts with commercial banks in Switzerland. We share these factors, and more, in the next section below.

What to Know Before Opening Accounts With Commercial Banks in Switzerland?

Opening accounts with commercial banks in Switzerland is a challenging process if you don’t know which banks, branches, and bankers accept you.

The account opening process involves submitting the necessary documents including government-issued identification, proof of address, proof of residency, a reference letter, and proof of income, and making a qualifying deposit.

Before choosing between a lineup of finance service firms and a list of foreign banks in Switzerland or commercial banks in Switzerland, it’s important to confirm the requirements your specific profile is required to meet, the banking services available to you, and the costs for opening and maintaining your account.

Can Non-Residents Open Accounts With Commercial Banks in Switzerland?

Yes, non-residents can open accounts with commercial banks in Switzerland as long as they choose the right bank, meet the opening requirements, and make a qualifying deposit. The banks available to you depend on your citizenship, residency, banking needs, and deposit level.

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.

Do You Want to Explore All Your Offshore Banking Options?

Frequently Asked Switzerland Banking Questions

Below are a few of the most common questions we receive from people exploring the list of commercial banks in Switzerland. If you have further questions you would like answered, don’t hesitate to get in touch with us directly.

Who 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.

How Many Banks Operate in Switzerland?

There are over 230 banks in Switzerland, spanning several license categories and catering to a wide range of clientele, including private banking clients, foreign non-residents, and Swiss residents.

What Are the Big 4 Banks in Switzerland?

The big 4 banks in Switzerland include UBS, Julius Baer, Pictet Group, and Zürcher Kantonalbank. These financial institutions play a critical role in the country’s financial sector.

Which Is the No.1 Bank in Switzerland?

The No. 1 Bank in Switzerland is UBS Group AG. UBS Group AG has been in existence since June 1998. It is now the number one leading bank in the world and the largest bank in Switzerland, with total assets surpassing CHF 1.5 trillion.

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.

Trusted by high-net-worth-individuals and 8-figure businesses, it’s a fully personalized solution backed by real experts, with real results.

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.

👉 Start your free assessment now to see if you qualify.