Kaleido Privatbank AG: Swiss private bank account
Marcus Altenburg, Published
Kaleido Privatbank AG is a private bank based in Zurich, founded in 1995. It works with international clients, so a non-resident can open an account here when the source-of-funds file is clean. As a private bank, it typically expects a private-banking relationship, commonly from CHF 500,000 upward — as of July 2026, and not a published per-bank figure.
About Kaleido Privatbank AG
Boutique private bank providing private banking and wealth management to international private clients.
| Type | Private bank |
|---|---|
| Head office | Zurich |
| Founded | 1995 |
| Assets | around EUR 10 billion (as of 2025, following acquisition by Groupe Banque Richelieu) |
| Part of | Groupe Banque Richelieu (acquisition completed July 2025) |
| Capital ratio | 27% Tier 1 |
| Service languages | English, German |
| Regulator | FINMA (Swiss Financial Market Supervisory Authority) |
| Non-residents | Accepts international clients |
- Operated as AP Anlage & Privatbank from 1995, renamed Kaleido Privatbank in 2021.
- Acquired by Groupe Banque Richelieu in 2025, being rebranded as Banque Richelieu Switzerland.
What Kaleido Privatbank AG offers
- Private banking and wealth management
- Discretionary and advisory investment services
- Platform for external asset managers
Can a non-resident open an account at Kaleido Privatbank AG?
Yes. Kaleido Privatbank AG assesses each non-resident applicant on source of wealth, source of funds and risk profile, and runs an English-language service for international clients. The decisive factor is a documented source of funds, not nationality. Assemble the evidence (tax returns, sale or employment records, a clear paper trail) before you approach the bank.
How to open an account at Kaleido Privatbank AG
- Confirm your profile and the account type. Agree the type of relationship — personal, private-banking or corporate — and the likely minimum with a relationship manager.
- Assemble the documents. A valid passport, proof of address dated within three months, and evidence of the source of your funds and wealth (full checklist below).
- Verify your identity. Residents can usually start online or in a branch; a non-resident normally attends one in-person meeting at a Swiss office.
- Compliance review, then go-live. The bank runs its onboarding, AML and source-of-funds checks, then opens the account and issues access. Expect two to six weeks once the file is complete.
Requirements: resident vs non-resident
| Requirement | Swiss resident | Non-resident |
|---|---|---|
| Typical minimum | CHF 250,000 – 500,000 | CHF 500,000+ |
| Identification | One meeting or a relationship manager | Usually one in-person meeting at the Swiss office |
| Indicative timeline | one to three weeks | two to six weeks |
| Remote opening | Sometimes | Rarely — usually one Swiss visit |
Documents you will need
- a valid passport or national identity card;
- proof of residential address dated within the last three months (utility bill, bank statement or official letter);
- evidence of the source of funds and source of wealth (tax returns, employment or sale contracts, business records, inheritance documents);
- a FATCA/CRS self-certification, plus beneficial-ownership declarations where a company or structure holds the account.
How your money is protected
Deposits at Kaleido Privatbank AG, as at every Swiss bank, are covered by the Swiss depositor-protection scheme (esisuisse) up to CHF 100,000 per client, per bank. Securities held in custody remain the client's property and are segregated from the bank's own balance sheet, so they are returned in full even if the bank fails. Kaleido Privatbank AG is supervised by FINMA, and reports a capital ratio of 27% Tier 1.
Is Kaleido Privatbank AG a fit for a non-resident?
As a private bank, Kaleido Privatbank AG is built for substantial, advised relationships rather than a simple transactional account. It suits a non-resident with investable assets who wants wealth management alongside banking and can meet a private-banking entry level.
If you would rather have this handled than explained, we prepare the source-of-funds file and introduce you to a suitable bank, and we can incorporate the company an account often sits behind. You can also compare Kaleido Privatbank AG with 35 other Swiss banks.
Official website: Kaleido Privatbank AG.
Same segment
Other private banks for non-residents
FAQ
Frequently asked questions.
01Can a non-resident open an account at Kaleido Privatbank AG?
Yes. Kaleido Privatbank AG is a private bank in Zurich that works with international clients. As with any Swiss bank, approval turns on a documented source of funds and the bank's own onboarding checks, not on nationality alone.
02What kind of bank is Kaleido Privatbank AG?
Kaleido Privatbank AG is a private bank, part of Groupe Banque Richelieu (acquisition completed July 2025), founded in 1995, based in Zurich. Operated as AP Anlage & Privatbank from 1995, renamed Kaleido Privatbank in 2021.
03What is the minimum to bank with Kaleido Privatbank AG?
There is no published per-bank minimum. As a private bank, Kaleido Privatbank AG typically expects a private-banking relationship, commonly from CHF 500,000 upward. The realistic entry point depends on the relationship rather than a fixed rule (as of July 2026).
04How long does it take to open an account at Kaleido Privatbank AG?
Typically one to three weeks for a Swiss resident and two to six weeks for a non-resident, measured from a complete file. The compliance and source-of-funds checks are the main variable, not the paperwork itself.
05Can I open a Kaleido Privatbank AG account remotely, without visiting Switzerland?
Usually not entirely. Kaleido Privatbank AG normally expects a non-resident to attend one in-person meeting at its Swiss office; the rest of the process runs remotely.
06How are deposits at Kaleido Privatbank AG protected?
Cash deposits are covered by the Swiss depositor-protection scheme (esisuisse) up to CHF 100,000 per client, per bank. Securities held in custody are your property and are segregated from the bank's own balance sheet, so they are returned in full even in an insolvency. Kaleido Privatbank AG is supervised by FINMA.
07Does Kaleido Privatbank AG serve clients in English?
Yes. Kaleido Privatbank AG runs an English-language service alongside German, so a non-resident can be onboarded and advised in English.
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