Best Swiss Banks for Non-Residents in 2025: Complete Guide

If you ask people in the street for a gold standard in the world of safe, world-class banking, most of them will mention Switzerland. Swiss banks continue to provide a remarkably high level of services to digital nomads and non-resident companies in 2025.

In this article, you will find out:

• Which leading Swiss banks non-residents should pick

• Benefits for foreigners

• Peculiarities of the Swiss banking system

• How to open an account

Why Switzerland Still Leads in Global Banking

Switzerland has had the reputation of a highly secure financial hub for centuries. Here are the pillars that the local banks rely on:

• Low inflation

• Conservative financial regulations

• Credibility of the Swiss franc (CHF)

Why do we appreciate the Swiss banking system so much and recognize its uniqueness?

• FINMA and the Swiss National Bank provide strict regulatory oversight 

• Privacy and discretion, within the legal framework

• Multi-currency support and access to top-tier investment platforms

• Modern banking services blended with old-world financial integrity

Legal and Regulatory Framework

Swiss banks operate under the supervision of FINMA (Swiss Financial Market Supervisory Authority). The organization ensures strict compliance with AML and KYC laws, capital reserve requirements, and international reporting standards. The Swiss Bankers Association (SBA) sets industry-wide ethical and innovation standards.

Even though Switzerland has joined the CRS and AEOI agreements (which obliged its bankers to have more transparency), the country remains one of the world’s safest financial destinations. Your data and assets will remain protected without breaking any laws.

Swiss Banking for Non-Residents: Benefits 

Opening a Swiss bank account is an advantageous step to take for those who live outside Switzerland:

• Multi-currency accounts (CHF, USD, EUR, GBP, etc.)

• Enhanced privacy and data security

• Asset protection in a politically neutral state

• Advanced online and mobile banking

• Investment advisory services, wealth planning, and trust structures

• Swiss franc stability and low inflation environment

Swiss banks are famous for their personal service. You will have a dedicated personal manager who will offer tailored solutions that will meet your needs best.

How to Open a Swiss Bank Account

Opening a non-resident bank account in Switzerland is not very difficult if you are prepared for this step.

Typical Documentation:

• Valid passport or national ID

• Proof of address (e.g., utility bill)

• Proof of income/source of funds

• Tax ID (TIN)

• Completed application form

Some banks require in-person visits. However, if you want to set up an account remotely, we will recommend a bank for you.

Types of Swiss Bank Accounts

Swiss banks offer an impressive range of accounts:

• Personal accounts: Ideally suited to manage private wealth, savings, and investments.

• Private banking accounts: Usually opened for HNWIs. Often include wealth planning and concierge services.

• Corporate/business accounts: For international companies. You can take advantage of trade finance, payroll, and global transactions.

• Investment accounts: Used to trade securities, forex, or crypto assets.

Minimum deposit requirements vary from CHF 5,000 for retail accounts to over CHF 1 million for elite private banking.

Best Swiss Banks for Non-Residents

Swiss institutions are different in size: you will find major global players alongside niche private banks. You can explore the leading Swiss banks where non-residents are most welcome.

Here are top picks:

1. SYZ Bank

A modern private bank offering traditional wealth management plus access to alternative investments and digital assets. Remote account opening available.

2. Swissquote

Switzerland’s leading online trading and investment bank. Tech-savvy investors, forex traders, and crypto holders will definitely appreciate it.

3. CIM Banque

Focused on international clients and entrepreneurs, CIM Banque offers flexible remote onboarding and commercial accounts.

4. Julius Baer

One of Switzerland’s oldest and most prestigious private banks. Ideal for high-net-worth clients seeking global wealth planning.

5. UBS Group AG

Switzerland’s largest bank with worldwide reach. Offers comprehensive wealth management and multi-currency accounts.

6. Raiffeisen Switzerland

A cooperative bank with personalized service. More traditional and best suited for long-term personal banking.

7. Pictet

Specializes in wealth management for UHNWIs. Known for long-term strategies and global trust.

8. Gonet & Cie

If you want a boutique private bank, you have found it, Gonet & Cie focuses on tailored wealth management and family office services.

9. Banque Cantonale de Genève (BCGE)

SMEs, entrepreneurs, and international clients can benefit from strong trade finance options.

10. J. Safra Sarasin

The bank, which is part of the global Safra Group, relies on conservative investment principles and sustainable finance.

How Safe Are Swiss Banks in 2025?

Swiss banks are still the safest institutions globally due to:

• High capital adequacy ratios

• Strict risk management protocols

• Government-backed deposit insurance (up to CHF 100,000 per account)

• Advanced cybersecurity infrastructure

The Swiss banking system remains resilient and secure even in the times of crisis.

Banking Secrecy in 2025

Swiss banking is no longer anonymous due to international transparency regulations (CRS and AEOI). However, confidentiality standards are still high, and your financial data may only be shared in approved circumstances.

You may rest assured that the details of your private banking will remain discreet and will only be disclosed to third parties if required by law.

What to Watch Out For

Before choosing your Swiss bank, consider:

• Minimum deposit requirements

• Maintenance fees and foreign transaction costs

• Restrictions by nationality (e.g., U.S. citizens face extra compliance)

• Online vs. in-person account setup

• Multi-language support, especially in English

You can also take advantage of robo-advisory tools, crypto custody, and integration with global payment platforms in some banks.

Conclusion

A bank account in Switzerland remains a recommended tool if you are looking for security and financial sophistication. Benefit from an unparalleled mix of legacy and innovation and take care of your savings or wealth planning. Need a digital trading account? Swiss banks are there to meet your needs.