Swiss Bank : what’s new on the market?
A new Swiss digital bank based in Geneva allows the opening of an online bank account. And, access to an investment portfolio through a beginner or expert trading application. Built by the veteran of the Swiss digital bank, Mr. Charles Henri Sabet. Regulated and authorized by the Finma (Federal Financial Market Supervisory Authority). It is shaking up and dusting off the market for traditional Swiss banks.
open a bank account in Switzerland
How to open a bank account in Switzerland with Flowbank?
Nothing could be simpler to answer this question! Whether you are a Swiss resident or a non-resident.
you will first have to open an account. Then, justify your identity and proof of address of less than 3 months and make a first deposit in your bank account. An IBAN number will then be assigned to you and a bank card will be sent to you by mail. Now that you know all about how to open a bank account in Switzerland, let’s see what new online banking brings to the international finance market.
What about Flowbank?
Wishing to position itself as the most competitive of all brokers, Flowbank bridges the old habits of Swiss banks which previously only accepted wealthy people. This new financial entity in Geneva wants to revolutionize access to the safest banking market in the world. With 25 years of experience of its leader in accessing the financial market, it wants to provide a simplified way to invest in hundreds of assets. It also provides its users with a learning center as well as continuous technical analysis on its blog edited by financial experts.
Swiss Bank online : how to choose ?
As we keep repeating on the forex blog, it is important to choose the right financial partner to place funds, to invest or to save money. Whether you are a fan of trading commodities such as gold, securities or the currency markets, you must verify a quantity of information before choosing a broker.
- Is it regulated ?
- Does he have a banking license?
- Is this banking license established in an exotic country like Cyprus or is it solid and reliable like in Switzerland?
- What are the brokerage fees?
- Are there movement commissions or on-call fees?
- Do I have a multi-currency account?
- Can I pay abroad free of charge with my bank card?
- Is my trading account linked to my bank account?
- How long does it take to transfer my trading earnings?
- How can I fund my trading account?
- Are there any good opinions on Flowbank.com?
- How quickly does the customer service respond?
Online Swiss banking
You have to differentiate between financial entities that have their head office outside Switzerland and that only have one branch to claim to be Swiss. Many of the world’s banks understand that claiming to be Swiss is a reassuring asset. Switzerland has a long tradition of neutrality and impartiality. Its political stability, its integration into the Schengen area and its strong currency make it a safe place to keep your assets. Unfortunately, those who have only one branch do not have the philosophy of the Swiss bank nor the respect for the legendary client, who has made it a favorite place for the biggest traders on the planet.