Switzerland open bank accounts provided they have a

Switzerland is one of the best country with the best banking facilities and services available. The country has the best private, secure and stable banking in the world. All banks in the country are legally bound to keep clients’ information private and secret. Secrecy guidelines are  defined and laid out in the country’s constitution and strongly enforced in the country. No federal government, lender or agency can access a client’s bank account.Majority of the banks in Switzerland are foreigner friendly and it is convenient to open and run a bank account. The services offered are practically the same though in some instances the foreigners have to pay additional charges. Foreigners going to stay in the country are urged to open a bank account before they go as one may find it difficult to open a bank without an address while it is also hard to find housing without a bank account.The best banks that allow unrestricted bank account opening are Credit Suisse and UBS. These banks allow foreigners to open bank accounts provided they have a valid Swiss residence permit or evidence of employment in Switzerland.The best hassle-free bank is the postal bank, PostFinance. All individuals with identification papers are able to open a bank account, irregardless of their length of stay in the country.Steps to opening an account.Any foreigner who is over 18 years old is allowed to have a bank account. While usually it is necessary to open a bank account in person, most Swiss banks allow for opening of bank accounts by using an intermediary or remotely by mail of fax.A copy of an ID card and passport  is required, an address and contact information Due to Swiss anti-money-laundering laws, there are certified documents needed in order to open an account. These documents include tax returns, company documents, and professional licences, and proof of where the money you are depositing originates from. 


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