How to open a bank account in CBH Compagnie Bancaire Helvétique SA

• savings (investment) accounts;
• an account can be opened without leaving Switzerland, but a meeting with a banker who regularly visits Moscow is required;
• minimum account balance – from CHF 1,000,000;
• the term for opening an account – case by case (check with the consultant).

Twenty years ago this Swiss bank (Banque SCS Alliance SA) was extremely popular with entrepreneurs being of concern to create corporate structures with the participation of non-residents. It was simply explained by the minimum balance equal to 15 000 dollars and no limits as for number of transactions. Plus Russian-speaking personnel including account managers were available and it was not typical of the late nineties.

The bank gained such a high rate of popularity that the others could only envy the result achieved in its business development. But the situation was gradually changing for the worse and the bank commenced to raise the minimum balance and to limit clients’ transactions. That’s a pity…

In 2009 Banque SCS Alliance SA became CBH Compagnie Bancaire Helvétique SA