Banking in Switzerland

Understand Swiss bank accounts, payment cards, fees and eligibility requirements. Compare the practical differences before opening an account.

Getting started

Learn what documents banks may request, how account fees work and which features matter for everyday banking.

Most newcomers end up choosing between three types of account: a traditional network bank (PostFinance, cantonal banks, cooperative banks like Raiffeisen), a fully digital/mobile-first account, or a multi-currency account like Wise for spending and holding several currencies. The trade-off is broadly the same across all three: traditional banks are the safest default for salary and rental-deposit acceptance and carry FINMA-backed deposit protection, but usually cost more once you’re past any fee-waiver conditions, while digital and multi-currency options are cheaper day-to-day but aren’t always accepted where a recognised local bank relationship is specifically required. See our best bank accounts for newcomers guide for a full comparison, or how to open an account for the practical steps and documents needed.

Latest Banking guides

Browse everything in Banking

Reviews and comparisons

Compare account costs, card access, cash withdrawals, digital banking and conditions set by individual providers.