In this article, we’re exploring a list of Swiss private banks. We’ll share details on customized wealth management and private banking in Switzerland and answer common questions we receive from people exploring this specific topic.
This article is part of our free series on private bank accounts 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 Swiss private banks.
Table of Contents
- List of Swiss Private Banks
- Frequently Asked Switzerland Banking Questions
- Do You Want to Open a Switzerland Bank Account?
List of Swiss Private Banks
There are more than 125 Swiss private banks currently operating in Switzerland, including some of the best private banks in the world. These private banks can be difficult to access as a foreign non-resident. Knowing which Swiss private banks accept your profile and align with your banking needs is an important factor to consider.
Here are six Swiss private banks that operate in Switzerland and accept foreign non-resident applicants.
- Bank Julius Baer & Co. Ltd.
- Banque Hertiage
- CIM Banque
- UBS
- Union Bancaire Privée
- Vontobel
Please note this list only includes six of the 125-plus financial institutions, however, how many private banks in Switzerland are available to you depends on your client profile. Additionally, the banks listed are presented in alphabetical order and the order does not reflect any rating or suggestion of suitability for account opening.
The Swiss private banks available to you will ultimately depend on your client profile. More specifically, your citizenship, residency, banking needs, and deposit level. Not all private banks in Switzerland are suitable for every client type. It’s important to choose banks that have requirements you can meet and align with your banking needs.
how many private banks in Switzerland
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 Swiss private banks. If you have further questions you would like answered, don’t hesitate to get in touch with us directly.
What Is the Best Private Swiss Bank?
The best private bank in Switzerland depends on the applicant looking to open accounts. This is because not all banks in Switzerland accept the same clients, offer the same services, or provide the same level of quality or value. As a result, one private bank in Switzerland may be better suited to one client than another. This is why bank selection is critical when choosing where to open a private bank account in Switzerland.
What Is “Private Banking” in Switzerland?
In Switzerland, “Private Banking” refers to a level of personalized banking services designed to support the financial services requirements of high-net-worth individuals. These services may include asset management, tax planning, investment opportunities, cross-border lending, and much more. In most cases, to qualify for private banking in Switzerland, applicants need to deposit between USD 500,000 and USD 3,000,000.
Do You Want to Open a Switzerland Bank Account?
If so, you can access GlobalBanks IQ and start the process of applying in Switzerland in a few clicks.
GlobalBanks IQ is our flagship international bank account opening solution. It gives you instant access to the…
+ Expert insights on which banks to choose & why
+ Step-by-step reports to open bank accounts in the best banking hubs
+ GlobalBanks international bank database & detailed bank profiles
+ Tried & tested banks for high-risk, offshore, & non-resident clients
+ Plus, get YOUR most pressing bank account opening questions answered by our team!
And “yes!” GlobalBanks IQ helps foreigners and non-resident individuals open bank accounts.
In fact, GlobalBanks IQ even helps non-resident, foreign & offshore entities open bank accounts.
To learn more about opening accounts with GlobalBanks IQ, use the link in the top menu. Or, contact us directly with any questions!
