SAXO BANK (SCHWEIZ) AG

Business Summary

Services
online investments
online trading services
Products
trading accounts
corporate accounts
Clients
private individuals
companies
Area Served
Worldwide

SAXO BANK (SCHWEIZ) AG provides products and services in the areas of online investments, online trading services. The range of products offered by SAXO BANK (SCHWEIZ) AG includes trading accounts, corporate accounts. SAXO BANK (SCHWEIZ) AG makes its solutions available to private individuals, companies.

Account Opening

Account Opening Procedure
submit online application
upload documents
performed within 1-3 days

Opening an account with SAXO BANK (SCHWEIZ) AG can be done by performing the following steps: submit online application, upload documents. It usually requires about 1-3 days.

Required Documents
passport or ID card
ID card, government-issued insurance or tax return
application form

SAXO BANK (SCHWEIZ) AG requires the following documents to open a personal bank account: passport or ID card; ID card, government-issued insurance or tax return; application form.

While opening a bank account SAXO BANK (SCHWEIZ) AG 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 SAXO BANK (SCHWEIZ) AG and the documents used are outlined below.

Identity Verification
passport
ID card
any one of the documents above
Address Confirmation
ID card
government-issued insurance
tax return
any one of the documents above
Current Occupation
Income Source
Forms
application form
all the forms from above

SAXO BANK (SCHWEIZ) AG may require additional documentation or information depending on the case.

Ways to Bank

Business Channels
online banking online banking
desktop app desktop app
mobile app mobile app

Products and services offered by SAXO BANK (SCHWEIZ) AG are not available at the bank's branches. SAXO BANK (SCHWEIZ) AG instead uses direct channels to deliver its solutions to customers, namely via online banking system, desktop application, mobile application.

Products

Trading Accounts

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 SAXO BANK (SCHWEIZ) AG are shown in the table below.

Updated on 6 August 2020

Sales Region
Worldwide
Account Maintenance Fee
0.00 CHF
Costs per Order
10.00 CHF
Trading Account Details
Initial Deposit
10000 USD
Account Opening Fee
0.00 CHF
Account Maintenance Fee
0.00 CHF
Account Closure Fee
0.00 CHF
Account Inactivity Fee
max 100 USD per client per 180 days
Costs per Order
10.00 CHF
Traded Instruments
forex
CFDs
futures
options
commodities
stocks
bonds
ETFs
mutual funds
Trading Account Features

Account can be opened online

Available worldwide

No account opening, maintenance and closure fees

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