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Once you have opened your account

Posted: Sun Jan 19, 2025 6:37 am
by aburaihan66
At traditional banks like UBS or PostFinance, you can visit a branch to open the account. To do so, schedule an appointment and bring all the documents. If you choose digital options like Yuh, the entire process can be completed from their app, in just a few minutes.

Complete the verification

At the appointment or during online luxembourg phone number library registration, you will need to provide your personal details and verify your identity. Digital banks usually do this via a video call, while traditional banks may require physical presentation of documents.

Deposit the initial funds

Some banks require a minimum deposit to activate the account. For example, UBS may require between CHF 500 and CHF 1,000 ($540 and $1,080) depending on the type of account. Make sure you meet this requirement.

Set up additional services

you can activate services such as online banking, debit/credit cards or even multi-currency accounts, depending on your needs. Don't forget to ask for help if you need instructions in your language.