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Adam Abdellaoui
Of Counsel
Your consultant

How to Open an Account with UBS AG (Switzerland)

Date of last update: June 30, 2025
  • UBS AG offers savings (investment) accounts only
  • Minimum balance: USD 5,000,000
  • Offshore companies are eligible for account opening
  • Commercial operations are possible for high-volume clients
  • A personal meeting with the prospective client is mandatory
  • Operating accounts for companies can be opened in addition to private investment accounts — conditions upon request

UBS is the most recognized Swiss bank in Russia — and worldwide. Our acquaintance began in 1996 when the third-largest Swiss bank at the time, Swiss Bank Corporation, entered the Russian market — just a few years before its merger with UBS, which continued its predecessor’s strategy of “capturing” the Russian market.

Over the past 20 years, many Swiss banks came and left, the Moscow representative office changed its team several times, minimum entry requirements increased, financial indicators fluctuated — but one thing has remained constant: UBS continues to be the most well-known Swiss bank in Russia and globally.

On March 19, 2023, two of the largest and oldest Swiss banks, UBS and Credit Suisse, merged — UBS acquired Credit Suisse.
+41 (44) 5152530

General information and rating

  • 19

    Global ranking
  • 2

    Country ranking

  • Parent bank country ranking

  • Global ranking of parent bank

Minimum Account Requirements

  • 5,000,000

    Minimum balance, €
  • 10 per months

    Permissible number of transfers
  • 5,000,000

    Initial payment, €
  • 3 months

    Deposit period

Fees and services

  • 20

    Transfer, € (for €50,000)
  • 0

    Deposit, € (for €50,000)
  • 240

    Account maintenance, €/year
  • 16,000

    Credit card payment limit, €/day

Account opening

  • Case-by-case

    Activation Time (Credit)
  • Case-by-case

    Activation Time (Debit)
  • Not required

    References Required
  • Saving

    Account Purpose

Swiss banks

Bank name
Country
Year of foundation
Account opening procedure
Cost of account opening
Switzerland
1941
Online
$3 500
Switzerland
1924
Online
$3 500
Switzerland
1993
Online
$3 500
Switzerland
1996
Online
$3 500
Switzerland
1963
Online
$3 500
Switzerland
1872
Bank visit
$3 500
Switzerland
1975
Online
$3 500
Switzerland
1990
Online
$3 500
Switzerland
1953
Online
$3 500
Switzerland
1873
Online
$3 500
Switzerland
1988
Online
$3 500
Switzerland
1796
Online
$3 500
Switzerland
1964
Online
$3 500
Switzerland
1805
Online
$3 500
Switzerland
1958
Online
$3 500
Switzerland
2010
Online
$3 500
Switzerland
1804
Online
$3 500
Switzerland
1986
Online
$3 500
Switzerland
1998
Online
$3 500
Switzerland
1969
Online
$3 500
Switzerland
1998
Bank visit
$3 500

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