Bank for USD deposit

Hi there

Tried searching on the forum and bank's website but could not find any clue.

Is there any bank in CH that have account in USD??

I have USD cash that I want to keep in the bank, but do not wish to convert it to CHF/EUR. The amount is not big.

Thank you in advance

Lol?

Sent from my ZTE-BLADE

Yes .

(All of them do, pretty much.)

Several have mentioned that UBS does this type of account although I cannot confirm this.

Pretty much every big bank has foreign currency accounts. However they may be somewhat specialized towards electronic transactions and investments - I do not know the fees involved, whether they actually have cash on hand and so forth.

Which leads to the question of whether it makes any sense at all to open a USD account in a country where banking fees are traditional in order to store "a small amount". But that isn't the question that the OP asked.

CS allows a dollar account. No interest. Minimum charge. I've since closed it and opened one in the US.

UBS and CS do EUR and USD, not cheap though.

You'd rather open a US acocunt for expats with citi.

Not all banks are doing business with American citizens because of compliance requirements. UBS, ironically, allows accounts for US citizens.

I am at Credit Suisse, but I have been a customer a very long time.

Cr Suisse has US Dollar accounts, no questions asked as far as we were concerned, but then we are not American.

We can transfer funds between accounts and you can choose the currency for the transaction, their online banking system works very well most of the time and once to you get used to it.

UBS definitely has - I just opened a USD Privat account with them a few months ago. There's a monthly fee of around 3CHF.

Don't you get it, the guy doesn't like francs. Are you TRYING to provoke a reaction with this inciteful rhetoric?

I was given a choice by UBS, but the "service" fee was too high and therefore I decided to convert them to CHF.

You did WHAT????

Sent from my ZTE-BLADE

From personal experience, UBS, CS, BCV no longer allow accounts for U.S. citizens not living in Switzerland. I own a vacation condominium in Switzerland but it made no difference.

Sorry for the late replies.

been busy with exams.

I will check with CS next week and report back.

Thank you for all the suggestions

UBS dose for sure offer USD accounts charge an annual fee of about 20 or something like that chf. The idea is to transfer to money onto it and out of it not really to pay in or withdraw, but you could still do so i think for a 2 percent fee (i guess thy also have a minimum charge ie if you put in 50 dollars you might have to pay the minimum fee of 20chf...

IF you still have a US address, you can keep an account at Chase. Chase has online banking with international transfers incase you need to transfer funds.

And yes I have noticed all banks here also allow foreign currency accounts so USD account should not be a problem if they don't have a problem taking on a US citizen. I am with Migros bank and it works for me.

Good luck.