UBS Switzerland AG provides products and services in the areas of retail banking, private banking, wealth management, corporate banking. UBS Switzerland AG offers a range of products including current accounts, credit cards, savings accounts, time deposit accounts (0.13 - 0.50 %), consumer loans, mortgage loans.
Time deposits accounts are interest-bearing deposit accounts offering higher interest rates than savings accounts. However the money deposited to such account cannot be withdrawn for a specified period of time (term).
UBS Switzerland AG offers the following time deposit accounts.
Updated on 21 October 2020
Switzerland: This product is offered to Swiss residents only. When clicking on the product link you will be redirected to the product page in German, French or Italian.
Deposit Guarantee. Time deposit accounts made with UBS Switzerland AG are covered by deposit guarantee scheme of Switzerland up to 100,000 CHF per depositor.
Withholding Tax. Interest gained on time deposit accounts by residents of Switzerland is taxed at 35.00% rate. Interest gained on time deposit accounts by non-residents of Switzerland is taxed at 35.00% rate. When the interest is paid, this tax is automatically withhold by UBS Switzerland AG from the time deposit account.