Do I need to wait for my B permit to be issued (how long does that take) in order to open a UBS current account or is it enough to show them my Passport ?
Ditto for a UBS credit card ?
Thanks
Do I need to wait for my B permit to be issued (how long does that take) in order to open a UBS current account or is it enough to show them my Passport ?
Ditto for a UBS credit card ?
Thanks
Presumably all customers have to pay, now just those with B permits :-)
Credit cards are usually issued after a few salaries have been paid into the account, in CH the balabce is usually paid in full at the end of the month.
I didnt realise that the work permit was a requirement in order to open a bank account. Roughly how long does it take to receive this, is it sent via the post or are you given it in person ?
Postfinance provides a much better banking service with far less fees (if you have 20,000 CHF in savings and/or do online banking there are no fees at all!) and it's all in english too.
Have a look here:
https://www.postfinance.ch/en/priv/p...ine/offer.html
it's completely free if you keep a balance of at least 7500 CHF (can be in a linked savings account that's part of the set not just in the current account).
This one is even better if you keep at least a balance of 25000 CHF (not 20000 as I mentioned mistakenly in my last post):
All i needed to show was my permit( i am not working at the moment).
Interestingly they have some scheme that time which was great since there was no fees even if there was no money in your account. Its was 1 year and yeah only downside is that i cant get credit card.
May be you can check with them if that scheme is still there.
We are far from the 1% as we didn't win yesterday's Euromillions!
But of course if you are happy with that then that's fine for you, I'm not trying to convice you or anyone to switch away from UBS, I'm only pointing out a very good alternative.
I'm far from loaded. Even so, the account is free although we don't get a good exchange rate when we use the card for euro transactions.
When we opened the account, we did not need to show B permits, which is handy because they took 6 months to arrive.
We were asked for proof of address, employment and identification.
It's fine to "point out an alternative" but no reason to be so dismissive of all other options and those who are happy to use their services. Everyone's needs are different and PostBank just didn't cut it for us.
The top 1% will usually use private banks as they provide a better service.
If you make regular international transfers, the bigger banks will work out cheaper.
Cheers,
Nick
Can you use a CS cash card on a UBS ATM without being charged ?