Online Swiss Banking: The Requirements

In these days wherein financial transactions can be easily processed online, opening an account in a foreign bank is as simple as a walk in the park. You simply fill-up a form and submit the necessary documents to your chosen service provider. So, if you want to keep your money secure and your business and transactions private, consider opening a Swiss bank account today.

The following are some of the information or documents that you need to secure to successfully create one.

  • Passport - Although you will be processing the application online, you still have to provide a notarised copy of your passport. This is for the verification of your citizenship and identity.
  • Proof of Economic Background - This is comprised of the documents that show what your sources of income are. This would include your bank statements, tax returns, professional licenses, company documents, and the like. The file that will be required from you will depend on what you do for a living. If you are a business owner, for instance, you will have to provide your chosen bank a copy of your income statement or your enterprise's tax return.
  • Proof of the Origin of Deposit - This paper shows the origin of the deposits you make. For instance, if you sold a house and would like to put the revenue in a bank, you will have to supply a document proving the sale.
  • Personal and Investment Information - Of course, you cannot open an account anonymously. The bank will require your name, date of birth, permanent residence address, etc. It will also need to know your investment plan such as how much you intend to deposit on the account and what will you use the money for.

All these documents and information are needed in compliance with the anti-money laundering law of Switzerland. Secure them all and you'll have your Swiss account approved in no time.