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Old 10.01.2012, 08:26
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Bank accounts for business

Dear all,

I've done a quick search of the forums and not unearthed anything - so apologies if this has been covered before!

Can anyone share any advice on the best banks for a simple SARL/GmBH company (about to inaugurate and still need to select the account to transfer the required funds). We have looked at Credit Suisse, UBS and PostFinance and there doesn't seem to be that much difference between them on paper so I guess it all comes down to how their performance differs in reality.

Grateful for any experiences that people can share - or guide us to any other banks that have not made it to our radar screen. We are in Geneva if that makes any difference.
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Old 10.01.2012, 09:00
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Re: Bank accounts for business

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Dear all,

I've done a quick search of the forums and not unearthed anything - so apologies if this has been covered before!

Can anyone share any advice on the best banks for a simple SARL/GmBH company (about to inaugurate and still need to select the account to transfer the required funds). We have looked at Credit Suisse, UBS and PostFinance and there doesn't seem to be that much difference between them on paper so I guess it all comes down to how their performance differs in reality.

Grateful for any experiences that people can share - or guide us to any other banks that have not made it to our radar screen. We are in Geneva if that makes any difference.
They're all about as good or bad as each other. Best to send an e-mail out to all the usual suspects telling them what you want and see who comes back with the most enthusiastic answer, it pretty much comes down to finding an individual that cares (tricky I know).

If you foresee a lot of international currency transfers (in or outbound), then UBS or CS have the edge as they deal directly with the correspondence banks rather than having to go via external clearing houses.

Good luck with your enterprise.
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Old 10.01.2012, 09:47
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Re: Bank accounts for business

Thanks for the suggestion - I think this might be our next step.
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Old 10.01.2012, 11:21
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Re: Bank accounts for business

SMEs are very much the domain of the cantonal banks. It's what they live off and they have a lot experience working with SMEs. I would certainly go and have a talk with them.
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