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Old 14.07.2011, 21:40
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best bank in CH

Hi,

We just moved here and will be opening up a new bank acct here. any suggestions of which is the best bank to go with? I know there aren't too many to choose from but any recs would be appreciated.

Thanks!
jennifer
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Old 14.07.2011, 21:48
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Re: best bank in CH

We went with UBS, sends statements in English and came recommended
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Old 14.07.2011, 21:54
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Re: best bank in CH

Best in what respect? There have been loads of threads on this. Do a search.

FWIW, we've been happy with Credit Suisse. Others will recommend the kanton banks, or the post office.
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Old 14.07.2011, 22:01
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Re: best bank in CH

I would recommend CS we are very happy with them.
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Old 14.07.2011, 22:26
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Re: best bank in CH

I would heartily recommend the Lügner Bank of Zurich. Discreetly located at the rear of a beer hall in the Niederdorf district, you are assured attentive and professional service at all times.



Merely walk into the beer hall, ask for Herr Säufer and you will be directed to a discreet door situated next to the gentlemen's conveniences. Knock three times and the door will automatically open, whereupon you may walk into the vast, marble clad atrium of the bank, where you will be greeted by the proprietor of the bank himself, Herr Lügner.

The Lügner Bank does not offer e-banking or cash machines or any of that other modern nonsense. Whenever you need a bill paying, or a cash withdrawal, or any other service, simply call Herr Lügner on his private telephone number and a courier will be sent to you immediately to attend to your every financial need. If you need to pay for something in a tailor's shop, for example, and you have no cash to hand, merely tell the assistant that Herr Lügner will deal with it and the transaction will continue smoothly, to the satisfaction of all parties. Herr Lügner is well known throughout Switzerland, although you'll never find a shopkeeper who will admit it to any busybody who asks after him.

If this sounds like your kind of bank, let me know and I'll arrange an introductory meeting.

Otherwise, there's always UBS.
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Old 14.07.2011, 22:27
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Re: best bank in CH

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Hi,

We just moved here and will be opening up a new bank acct here. any suggestions of which is the best bank to go with? I know there aren't too many to choose from but any recs would be appreciated.

Thanks!
jennifer
Depends where you're moving from; if you are an American (nyc2011?) then your only real options are UBS and CS. Other banks, with some exceptions, just flat out don't want your business - not worth the hassle.
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Old 14.07.2011, 22:29
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Re: best bank in CH

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Hi,

We just moved here and will be opening up a new bank acct here. any suggestions of which is the best bank to go with? I know there aren't too many to choose from but any recs would be appreciated.

Thanks!
jennifer
If youre only holding notes and gold I would say http://www.dreyfusbank.ch/ is considered one of the best banks in Europe.

Id stay away from Sarasin. We closed our accounts there because of rude staff on several instances.

CS and UBS are both very bad banks if there are a slew of soveriegn bankruptcies in Europe (If you think Greece and Portugal will go bust stay away). They both are heavily exposed to spreads in a mark to market situation. They would need a bailout from the SNB very quickly. Recently there has been a mass exodus of hedge fund managers and family offices moving money from UBS and CS to either Kantonal Banks or Singaporean banks. Cant say I disagree....

Kantonal Banks are always the easiest choice, even if they arent as sexy as UBS or CS.....

All depends on your spending/savings habits and income levels.....
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Old 14.07.2011, 22:31
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Re: best bank in CH

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Hi,

We just moved here and will be opening up a new bank acct here. any suggestions of which is the best bank to go with? I know there aren't too many to choose from but any recs would be appreciated.

Thanks!
jennifer
????? Are you an American? If so, they wont let you open anything. Your stuck with the postal account Im afraid. But that works fine Im sure.
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Old 14.07.2011, 22:46
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Re: best bank in CH

my recommendation is to find a bank close to your place of work that is open during your lunch hour, or on Saturdays, and can deal with you in English...if you can achieve that 'trifecta' you're doing better than most...

That said, we only needed to go to our bank 4-5 times in 3 years, the rest has all been dealt with (in English) online...
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