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Old 21.03.2015, 16:49
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Re: Fixed Term Deposit in a Swiss Bank?

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Well 2000 chf notes don't exist for starters .
Can't have been true then. Still, would love to give it a try with the 1'000 notes.
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Old 30.03.2015, 15:48
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Re: Fixed Term Deposit in a Swiss Bank?

Hello everyone, so i did some research, even went to some banks , below a couple of interesting facts, all information is applicable and updated on march 2015:

UBS: there is not a Fixed Term deposit as such offered, the only option available is a 5 year deposit, during the 1st year no interest is due after the second year the interest will be calculated based on market trends.

Kantonal Bank: not fixed term deposit available for "small" customers. Savings account offers 0.02% annual interest. Withdraws of CHF 50k during the year is possible, any withdraw over the CHF 50k is not possible unless a 1 year notice is served.

Credit Suisse: no fixed term deposit offered for amounts below CHF 1m. Bon Viva offers up to 0.75% annual interest with a monhtly fee of CHF 80 and 6 month notice period to either withdraw or close the account. 50% discount on monhtly fees during the 1s year.

... not very promising indeed, Credit Suisse seems to be the better option even with the fees involved!
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Old 30.03.2015, 17:58
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Re: Fixed Term Deposit in a Swiss Bank?

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Better to keep it in a safe deposit box. I heard that the smallest ones hold 1mill CHFs in 2,000 Franc notes.
100 x $100 ($10'000.--) is very similar in size to a bar of Swiss chocolate

Chf 1 mill is very similar to the size of 10 chocloate bars, Cailler/Lindt size (with or without nuts before anybody asks)
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Old 12.04.2016, 10:47
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Re: Fixed Term Deposit in a Swiss Bank?

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Credit Agricole Financement has two interesting options:
- CA Libre Epargne paying 0.55 %
Regular savings account, with possibility to withdraw up to 20,000 CHF a month.
- CA Evolution, up to 1.20% but you need to block your money for 24 months and the reference rate might change.
https://www.ca-financements.ch/en/en...ngs-rates.html
Please don't do the same mistake I did. I opened up CA Evolution deposits for 24 months - the money were frozen. During those 24 months the interest rate went drastically down (from 1.5% to 0.7%) . I got also charged for things like
- Maestro card
- Closing the account
- Postal fees

Needless to say that bank's support is bad - they don't reply to requests, mails, etc. I would not recommend Credit Agricole to anyone.
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Old 12.04.2016, 14:16
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Re: Fixed Term Deposit in a Swiss Bank?

Maybe as an alternative and for a good cause, try here: http://www.oikocredit.ch/de/

Currently if I remember right there's a div of 2% for Euro investments and 1% for SFr.. At least one's money is going to those who really need it.
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