As I'm leaving the country at the beginning of Feb, I'm looking for a quick fix to my problem...

I have a bit of money on paypal which I would like to cash out, but unfortunately, my postfinance account won't let me do this as I have a standard, and not a business account.

I would therefore like to open another account which allows me to cash in this money, but I don't want to have to pay a lot per month to keep it open.

Any suggestions for banks which offer basic and simple bank accounts for this purpose, or are they all 'you need 7000CHF to qualify for a no-fee account'? It would also be great if I could do teh whole bank account opening thing online.


Thank you

Where are you going back to? If you open a bank account in the country you are moving to, you can set up another Paypal account with that bank account and pay yourself the money. I do this all the time between my Swiss bank and my US bank. I have two paypal accounts. I top off my paypal account with CHFs, then pay myself and send it to my second paypal. That one is attached to a US account and it's done. Takes a week maximum. There is a small fee, but usually less than a wire transfer or opening a new account.

well there would be a problem with that. I'd be going to Australia, which means that not only would I have to pay a fee to send my money to the new account (which I don't want, as I'm tired of paying the rip off fees of paypal) AND I'd have to convert currency (paypal rates are you usually worse that real rates so I'd lose money). Added to that, I'll be in transit for two months before reaching Australia, and I need the money because I actually want to spend it before getting there.