Swissquote Bank SA provides products and services in the areas of online brokerage, securities trading, forex trading, crypto-currency trading. The range of products offered by Swissquote Bank SA includes trading accounts, mortgage loans, lombard loans, payment cards. Swissquote Bank SA makes its solutions available to natural persons, companies, financial institutions.
Opening an account with Swissquote Bank SA can be done by performing the following steps: submit online application, upload documents, verify your identity. It usually requires about 1-2 days.
Swissquote Bank SA requires the following documents to open a personal bank account: passport or ID card; utility bill; application form.
While opening a bank account Swissquote Bank SA has to perform KYC procedure and comply with AML requirements. KYC procedure usually includes obtaining the information about customer identity, residential address, current occupation and source of income. KYC checks performed by Swissquote Bank SA and the documents used are outlined below.
Swissquote Bank SA may require additional documentation or information depending on the case.
Swissquote Bank SA performs identity verification using video call.
Products and services offered by Swissquote Bank SA are not available at the bank's branches. Swissquote Bank SA instead uses direct channels to deliver its solutions to customers, namely via online banking system, desktop application, mobile application.
Trading accounts are used to execute trade transactions involving buying and selling various financial instruments, for example, stocks, bonds, futures and options. Trading accounts can hold both cash and securities.
Trading accounts offered by Swissquote Bank SA are shown in the table below.
Updated on 20 September 2020
Account can be opened online
No initial deposit required
No account opening, maintenance and closure fees