Migros Bank
Marcus Altenburg, Published
Migros Bank is a retail bank based in Zurich, founded in 1958. It primarily serves clients in Switzerland, and non-resident access is handled case by case. As a retail bank, it typically expects little or nothing for residents, though non-resident access is limited — as of June 2026, and not a published per-bank figure.
About Migros Bank
Retail and commercial banking primarily for customers resident in Switzerland; non-resident onboarding is limited and not a standard offering. Migros Bank belongs to Federation of Migros Cooperatives.
| Type | Retail bank |
|---|---|
| Head office | Zurich |
| Founded | 1958 |
| Legal name | Migros Bank AG |
| Assets | around CHF 58.7 billion total assets (as of 2023) |
| Service languages | English, German, French, Italian |
| Non-residents | Limited / case by case |
- Founded in 1958 by Gottlieb Duttweiler within the Migros cooperative movement.
- Wholly owned by the Federation of Migros Cooperatives; nationwide branch network.
Opening an account at Migros Bank as a non-resident
Migros Bank works mainly with clients resident in Switzerland and takes non-residents only case by case, so a foreign applicant cannot count on the standard route here. For most non-residents a private bank or an online bank that openly accepts international clients is a more reliable starting point. Our guide to opening a Swiss bank account names them and lists what they ask for.
Is Migros Bank a fit for a non-resident?
As a retail bank, Migros Bank is built around customers resident in Switzerland. A non-resident without a Swiss footing will usually find a private or online bank the more realistic route.
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 Migros Bank with 35 other Swiss banks.
Official website: Migros Bank.
FAQ
Frequently asked questions.
01Can a non-resident open an account at Migros Bank?
Migros Bank primarily serves clients in Switzerland, and non-resident onboarding is handled case by case. Confirm the current policy with the bank, or with an adviser, before you apply.
02What kind of bank is Migros Bank?
Migros Bank is a retail bank, part of Federation of Migros Cooperatives, founded in 1958, based in Zurich. Founded in 1958 by Gottlieb Duttweiler within the Migros cooperative movement.
03What is the minimum to bank with Migros Bank?
There is no published per-bank minimum. As a retail bank, Migros Bank typically expects little or nothing for residents, though non-resident access is limited. The realistic entry point depends on the relationship rather than a fixed rule (as of June 2026).
04Does Migros Bank serve clients in English?
Yes. Migros Bank runs an English-language service alongside German, French, Italian, so a non-resident can be onboarded and advised in English.
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