Introduction to Swiss banking

Introduction to Swiss banking

It doesn’t matter where you live, it is well known that Switzerland has become a world leader regarding the banking business; they specialize in investing and wealth management, and give service both to local and foreign customers.

Swiss banks are among the world’s leading banks, and their currency, the Swiss Franc is one of the most stable currencies in the world. Various of this banks are able to give their services to institutional or private customers from all over the world. If you’re currently interested in opening an account in Switzerland, you must know what are some of the characteristics and services that the Swiss banks offer.

Here is a quick and comprehensive guide to some of the most important banks in Switzerland, so you can choose the one that is right for you.

Wegelin & CO.

This was one of the biggest Swiss banking companies, but now they had to close because they had been found guilty of helping various American citizens to avoid taxes.

WIR Bank

WIR is a bank that produces and manages its own private electronic currency, known as the Wir Franc. They use this currency along with the Swiss Franc to generate transactions with a dual-currency.

This bank offers its services to both private customers and business, with services like E-banking, current and savings accounts and roans. Established in 1934 Wir is an example of how banks have been a key business that helped to build the Swiss economical system.

Tel: (+41) 0848 947 947
Email: [email protected]

Head office
Auberg 1 Basel,
CH-4002 Switzerland

Zurcher Kantonalbank

As the name suggests, Zurcher Kantonalbank is one of the biggest Swiss canton banks, they currently employ around 4895 people and have their principal office in the city of Zurich.

The Zurcher Kantonalbank is known to have one of the most inclusive bank services to private and institutional clients.

Their service offer ranges from investment, loans, asset management to international banking, retail and commercial banking.

Tel: (+41) 0844 843 823
Email: medien©zkb.ch

Head office:
Bahnhofstrasse 9
Zurich 8010 Switzerland

Banque Cantonale Vaudoise (BCV)

Part of the BCV Group, the Banque Cantonale Vaudoise is a regional bank that currently operates in the French-speaking part of the country.

It was founded in 1845 and it is headquartered in the city of Lausanne, and they also have a branch located in Guernsey. They currently employ around 1946 workers and offer online and traditional banking, they serve to private and institutional customers.

Contacts:
Tel: (+41) 0844 228 228 or 021 212 10 00 from foreign countries
Email: [email protected]

Head office
Place St-Francois 14
Lausanne 1003
Switzerland

Basler Kantonalbank

Operating in a north-west canton in Switzerland and located in the city of Basel, the Basler Kantonalbank was founded in 1899, and it currently employs around 1300 workers and serves over 600.000 customers.

They offer a wide range of services for their private and business clients, with e-banking, loans, mortgages, financing, investments, credit and debit cards, assets management, current and saving accounts, being some of their services.

Contacts:
Tel: (+41) 0612 663 333
Email: kmu©bkb.ch

Address:
Aeschervorstadt 41
Basel 4002 Switzerland

Luzerner Kantonalbank

Founded in 1850, the Luzerner Kantonalbank serves the canton of Lucerne through its 52 branches. This bank employs around 943 workers and serves over 330.722 customers, this including around 60% of the population of Luzern.

They focus on more basic banking services for both private and institutional clients.

Contacts:
Tel: (+41) 844 822 811
Email: [email protected]

Head office
Pilatusstrasse 12
Luzern 6002
Switzerland

St. Galler Kantonalbank

Headquartered in the city of St. Gallen, the St. Galler Kantonalbank serves various cantons: St. Gallen, Ausserrhode and Appenzell.

This bank offers its services to commercial, retail, institutional and private clients with their various offers of loans, pensions, current and savings accounts.

Contacts:
Tel: (+41) 712 313 131
Email: [email protected]

Head office:
St. Leonhardstrasse 25
St. Gallen 9001
Switzerland

Berner Kantonalbank

The Berner Kantonalbank is a big cantonal bank in Bern, they have around 70 branches in various regions, thus employing almost 1200 workers and having around 500,000 customers.

They offer assets management, loans, credit cards, e-banking and mortgages.

Contacts:
T: (+41) 316 661 111
E: [email protected]

Head office:
Bundesplatz 8
Bern 3001
Switzerland

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