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Which bank in Geneva is the best and easiest to create an account as a foreigner?

Hello people, which bank in Geneva is the best and easiest to create an account as a foreigner? What are the requirements etc? Any tips?


Thanks


N. Gizem

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Hello people, which bank in Geneva is the best and easiest to create an account as a foreigner? What are the requirements etc? Any tips?


Thanks


N. Gizem


naciye dApr 4, 2012 @ 22:32
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 1

See this banking guide for expats in Geneva


Nir

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See this banking guide for expats in Geneva


Nir


Nir Ofek, Apr 4, 2012 @ 23:30
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 2

I just arrived a week, but I dare to say Geneva Bank is the best one for young foreigner in Geneva:) 


You can easily find BCGE everywhere.


 

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I just arrived a week, but I dare to say Geneva Bank is the best one for young foreigner in Geneva:) 


You can easily find BCGE everywhere.


 


Serena SHEN, Apr 4, 2012 @ 23:33
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 3

People UBS all the way, everything in English and super offer with your Glocals membership.


http://www.glocals.com/offers


 


Do it!

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People UBS all the way, everything in English and super offer with your Glocals membership.


http://www.glocals.com/offers


 


Do it!


Kevin M, Apr 5, 2012 @ 10:10
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 4

Requirments: Passport, Work Permit, proof of address, proof of employment. That's it!

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Requirments: Passport, Work Permit, proof of address, proof of employment. That's it!


Kevin M, Apr 5, 2012 @ 10:13
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 5

UBS are stillers... Opinion from a Swiss person :-) There fees are too high... I don't know the deal for glocals members, but if it is just a year free of banking services, it is not worth it....


Postfinance is a better deal. You don't pay banking fees if you have more than CHF 7,500 on your account :-)

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UBS are stillers... Opinion from a Swiss person :-) There fees are too high... I don't know the deal for glocals members, but if it is just a year free of banking services, it is not worth it....


Postfinance is a better deal. You don't pay banking fees if you have more than CHF 7,500 on your account :-)


jcatjost, Apr 5, 2012 @ 10:26
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 6

I say UBS.  10Sfr per month is worth it when you can pick up the phone and reach an English language call-center.

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I say UBS.  10Sfr per month is worth it when you can pick up the phone and reach an English language call-center.


richardm, Apr 5, 2012 @ 10:30
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 7

In Swiss banks you always find many employees that speak in English. If you are unlucky, you just need to have a little talk in French " Je ne parle pas bien français, pouvez-vous me passer un de vos collègues qui parlent anglais " ... Here we go.


Ah and by the way, if you are kind of rich - more than 100'000 CHF on your account, Postfinance is better because they guarantee everything in case of bankrupt ( Government guarantee) :-)

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In Swiss banks you always find many employees that speak in English. If you are unlucky, you just need to have a little talk in French " Je ne parle pas bien français, pouvez-vous me passer un de vos collègues qui parlent anglais " ... Here we go.


Ah and by the way, if you are kind of rich - more than 100'000 CHF on your account, Postfinance is better because they guarantee everything in case of bankrupt ( Government guarantee) :-)


jcatjost, Apr 5, 2012 @ 10:44
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 8

Yes, the 100k insurance limit is just odd.  A country which prides itself on its rock-solid banking sector really should stand behind customer deposits a bit better.  It was only 30k until recently. 


The US went from 100k to 250k during the financial crisis...

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Yes, the 100k insurance limit is just odd.  A country which prides itself on its rock-solid banking sector really should stand behind customer deposits a bit better.  It was only 30k until recently. 


The US went from 100k to 250k during the financial crisis...


richardm, Apr 5, 2012 @ 10:58
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 9

N:


If English is important for you, go for UBS.


And if you have more than CHF 10K in your UBS account, all your banking fees are waived and it's all free. 


Nir

The text you are quoting:

N:


If English is important for you, go for UBS.


And if you have more than CHF 10K in your UBS account, all your banking fees are waived and it's all free. 


Nir


Nir Ofek, Apr 5, 2012 @ 11:04
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 10

N:

If English is important for you, go for UBS.

And if you have more than CHF 10K in your UBS account, all your banking fees are waived and it's all free. 

Nir


Apr 5, 12 11:04

Nir, being over 10k cuts my fees from 20/mo to 10/mo.  Is the free banking a special Glocals deal?

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Nir, being over 10k cuts my fees from 20/mo to 10/mo.  Is the free banking a special Glocals deal?


richardm, Apr 5, 2012 @ 11:08
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 11

Richard: no bro, it's for everyone: http://www.ubs.com/ch/en/swissbank/private/accounts/personal_ch.html

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Richard: no bro, it's for everyone: http://www.ubs.com/ch/en/swissbank/private/accounts/personal_ch.html


Nir Ofek, Apr 5, 2012 @ 11:12
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 12

I had sucker written across my forehead when I walked into Lausanne two years ago.  Time to e-mail my banker...


 


 

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I had sucker written across my forehead when I walked into Lausanne two years ago.  Time to e-mail my banker...


 


 


richardm, Apr 5, 2012 @ 11:22
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 13

Ahh, it's my account type.  I have the Pay-and-Save solution, which isn't free.


This also explains why I have an assigned contact ("client advisor") in Lausanne whom I can pester via e-mail.

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Ahh, it's my account type.  I have the Pay-and-Save solution, which isn't free.


This also explains why I have an assigned contact ("client advisor") in Lausanne whom I can pester via e-mail.


richardm, Apr 5, 2012 @ 11:57
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Re: Which bank in Geneva is the best and easiest to create an account as a foreigner?
Post 14

Dont go to Credit Suisse if you lvie in Frane - zero inerest on the account and fees of 480 chf a yer plus 2 francs for each cash withdrawel plus fees when you make payments 


Extortionate ! 

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Dont go to Credit Suisse if you lvie in Frane - zero inerest on the account and fees of 480 chf a yer plus 2 francs for each cash withdrawel plus fees when you make payments 


Extortionate ! 


Helen E, Apr 6, 2012 @ 19:06
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