Cost of Swiss Banking

The only significant drawback in Switzerland is that the cost of operating an account is comparatively high. As always, excellent service and personal attention command a premium price in the market. Lately though, some of the smaller and medium-size banks have attempted to attract business from the three largest banks by pricing their services at a more reasonable level. As competition for business heats up, all of the banks will ultimately reduce their fees and a new class of customers will be developed.