EuropeSwitzerlandLicensed-entity research

UBS AG

UBS AG (a Swiss-registered banking entity; distinct from the holding company UBS Group AG and the separate, independently licensed UBS Switzerland AG). This profile covers UBS AG only and does not treat UBS Switzerland AG’s Swiss retail or SME account products as UBS AG products.

UBS AG is a Swiss-registered banking entity listed under its legal name in FINMA’s list of authorized banks, separate from the holding company UBS Group AG and UBS Switzerland AG. Public information confirms that both UBS AG and UBS Switzerland AG are licensed in Switzerland, but the standard Swiss personal and SME account-opening rules listed on the UBS website apply to the UBS Switzerland AG channel; they do not establish that UBS AG accepts applications from residents of any country or foreign companies.

Regulator: Swiss Financial Market Supervisory Authority (FINMA)
Check date: 2026-10-26
Verify status: Some information pending confirmation

Research scope and official resources

Topic number:europe-ubs-ag

From the public selection of major banking institutions for 2025/2026; selection.json maps the group name to UBS AG as a candidate licensed entity. It does not claim a separate ranking for UBS AG or represent a real-time global top 100 ranking. The candidate record is used only as a research lead for selection.

Bank’s official website

Personal Eligibility and Documents

Confirmed: UBS AG states on its website that it is a Swiss bank and that it and UBS Switzerland AG separately provide services such as personal banking. Not confirmed: whether UBS AG, as the contracting banking entity referred to in this dossier, opens Swiss accounts to any overseas individual; which countries of residence/nationalities it accepts; or whether it has a minimum asset or specific wealth-management threshold. The public pages do not provide sufficiently clear rules. UBS Switzerland's standard personal account page requires customers to reside and pay taxes in Switzerland, and in some cases to provide proof of residence. Its guide for people moving to Switzerland lists online or branch applications, but these standard Swiss account pages concern UBS Switzerland AG, not a confirmed account offer from UBS AG. Individuals residing outside Switzerland should obtain written confirmation from UBS of the applicable UBS entity, whether their country of residence is served, the product category and acceptance conditions.

Personal information publicly disclosed or identified

The materials listed in UBS’s public guide for customers relocating to Switzerland are a valid passport or identity card and a Swiss residence permit or municipal registration confirmation. The guide says applications can be made online or at a UBS branch, but this is information for preparing to open a Swiss account and should not be treated as UBS AG’s overseas application policy.
UBS’s standard personal account page also publicly requires Swiss residence and Swiss tax residence; proof of residence is required in some cases. These materials and conditions concern local Swiss accounts with UBS Switzerland AG and do not establish the document list UBS AG requires from non-residents.
General compliance preparation suggestion (not a policy published by UBS AG): Prepare the applicable tax residences and tax numbers/self-certifications, proof of current address, and occupation and source-of-funds information; confirm with the bank before applying whether certification, translation, or additional documents are required.

Company eligibility and documents

Confirmed: UBS AG states on its website that it may conduct commercial banking business. Not confirmed: whether UBS AG opens accounts for foreign-registered companies or beneficial owners who are not Swiss residents; acceptable places of incorporation and industries; or any minimum financial/operating history or asset threshold. Public information does not specify these matters. The eligibility and conditions listed on UBS Switzerland SME and corporate current account pages apply to local Swiss products of UBS Switzerland AG: the pages require applicants to be at least 18 years old, reside in Switzerland and hold a passport/identity card from an approved country. For start-ups, they also list conditions including verification of the company name against the commercial register, the applicant holding at least 25% of the shares, and a separate signing authority recorded in the commercial register. These local rules must not be extrapolated into a commitment by UBS AG to accept foreign companies; the contracting legal entity and eligibility of foreign entities must first be confirmed by the bank.

Company information publicly disclosed or identified

The conditions for start-ups listed on UBS’s Swiss SME account page include: verification of the company name against the commercial register, the applicant holding at least 25% of the shares, and a sole signing authority recorded in the commercial register. The product page also mentions capital account services for incorporating Swiss AG/GmbH companies. This is information about UBS Switzerland AG’s Swiss products and does not mean that UBS AG accepts foreign companies.
UBS’s Swiss corporate account page lists the following conditions for applicant representatives: be at least 18 years old, reside in Switzerland, and hold a passport or identity card from an approved country. The page does not thereby confirm that foreign companies can open accounts.
General compliance preparation suggestion (not a published UBS AG checklist): Prepare the company’s certificate of incorporation and current registry extract, articles of association, board resolutions for directors/authorized signatories, ownership structure and ultimate beneficial owner information, business and financial records, tax residency/tax number self-certifications, and an explanation of source of funds. UBS AG will confirm the specific requirements in writing.

Address, tax, and remote / witnessed procedures

Address and tax

UBS AG’s website lists its Swiss registered addresses/registered offices as Bahnhofstrasse 45, CH-8001 in Zurich and Aeschenvorstadt 1, CH-4051 in Basel; these are not address requirements for applicants. UBS Switzerland AG’s standard personal account publicly requires Swiss residence and Swiss tax residence, and verifies residential addresses in some cases; materials for people moving to Switzerland include a residence permit or municipal registration confirmation. For overseas account opening with UBS AG, the residential addresses, tax residence, proof of address and specific tax identification number formats accepted for applicants have not been publicly confirmed. The Swiss Federal Tax Administration explains that, for customer accounts held by persons who are tax-resident abroad, categories of investment income and account balances are collected and information is transmitted through AEOI to the relevant foreign tax authorities. Applicants must declare their actual tax residence.

Remote / witnessing

UBS’s Swiss local account-opening page explains that identity can be verified by opening an account online via the app and using a video call/selfie; its relocation guide also lists online or branch applications. These procedures apply only to the relevant UBS Switzerland AG products and customers who meet their requirements. No public confirmation was found that UBS AG offers video account opening, third-party witnessing or remote notarized certification for applicants outside Switzerland. This should be verified in writing in advance; remote processing should not be assumed.

Public process reference

First ask UBS whether the legal entity actually contracting for the service and maintaining the account would be UBS AG, rather than UBS Switzerland AG or another regional subsidiary/branch, and confirm where the client relationship and asset services would be based.
Provide UBS AG in writing with the actual place of residence/incorporation, tax residence, applicant identity, company business, and beneficial ownership structure, and ask it to confirm whether it accepts applications in the relevant jurisdiction and the applicable account type, document checklist, and identity verification method. Public information is insufficient to determine whether this process is available to applicants from abroad.
Submit proof of identity, address and tax residency declarations, company registration/authorization documents, and beneficial ownership and source-of-funds documents only after the bank confirms it can accept the application and provides its formal requirements. Account opening times, minimum deposits/assets, and fees have not been confirmed in the verified materials.

Compliance topics, details, and sources

Swiss AML/KYC and due diligence

Switzerland’s AMLA and FINMA regulatory framework requires financial intermediaries to verify the identity of contracting parties and identify the beneficial owners of assets; in cases involving unusual transactions, indications of criminal proceeds/terrorist financing, or high-risk relationships (such as high-risk countries and politically exposed persons), they must further investigate the background of transactions and fulfil suspicious transaction reporting obligations. This is a Swiss regulatory baseline and does not represent UBS AG’s specific additional-document checklist for every customer type.

Source:FINMA — Combating money laundering

Beneficial owners, control and source of funds

FINMA’s guidance to Swiss banks requires them to identify contracting parties and beneficial owners of assets; when irregularities occur or risks increase, they must verify the business background and purpose in greater detail. Corporate customers should accurately disclose ownership/control chains, beneficial owners, and source of funds; the bank determines the depth of its final review based on its risk assessment.

Source:FINMA — Combating money laundering

Tax Residency Declarations and CRS/AEOI

Switzerland participates in AEOI/CRS information exchange; the Swiss Federal Tax Administration explains that financial institutions collect account balances and types of investment income for customers who are tax residents abroad and transfer them via the Swiss Tax Administration to the relevant foreign tax authorities. Customers should declare their actual tax residence and provide applicable tax identification numbers; this record does not infer that a bank has confirmed any applicant’s tax status.

Source:Swiss Federal Tax Administration — Automatic exchange of information AEOI

US FATCA

Switzerland has a FATCA cooperation arrangement with the United States, and Swiss financial institutions must identify and report U.S. accounts in accordance with applicable rules. The Swiss Federal Tax Administration explains that implementation of the Model 1 agreement signed in 2024 is under way, with entry into force planned no earlier than 2029-01-01; as of the date this file was reviewed, the current Swiss arrangement should not be conflated with a future regime, nor should it be described as the United States having joined CRS.

Source:Swiss Federal Tax Administration — FATCA administrative assistance

Swiss sanctions screening

Swiss SECO provides a search tool and complete list of sanctioned individuals, companies, and organizations; its search tool shows only directly sanctioned parties and does not show possible ownership or control relationships. Banks may also conduct broader sanctions and related-party checks under applicable law and internal policies; this is not advice on evading screening.

Source:SECO — Searching for subjects of sanctions and overall list

Swiss deposit protection

esisuisse states that, in the event of a Swiss bank’s insolvency, eligible customer deposits are protected up to CHF 100,000 per customer, per bank. Individual and corporate customers residing or registered abroad may also be covered, but deposits booked at a foreign branch are not covered by this scheme. The branch at which a specific account is booked and the deposit’s eligibility must still be confirmed. This protection is not equivalent to a guarantee of investment product principal.

Source:esisuisse — Deposit insurance questions and answers

Compliance evidence

Account-opening compliance and supporting-document checklist

The bank’s stated requirements, local regulations, and preparation recommendations are presented separately. Acceptance in a specific case is subject to confirmation by the bank.

This profile covers only the Swiss-licensed legal entity UBS AG; it does not apply the local personal or SME product conditions of UBS Switzerland AG to UBS AG. Public materials confirm the Swiss AML/KYC baseline and UBS’s general requirements for FATCA/AEI tax self-certification, but do not confirm whether UBS AG accepts applicants based on their country of residence, companies incorporated abroad, or specific wealth-management services. Acceptance must be confirmed in writing by the actual contracting entity.

Date information checked:2026-10-26

Information evidence package

Personal identity, residence and tax residency information

Who it applies to: Individual applicants; preparatory information only and not a representation that UBS AG has published an account-opening checklist for the applicant’s place of residence.
Documents to Prepare: It is advisable to prepare a valid passport or local identity document, together with a recent document proving current address. Swiss CDB 20 requires banks to verify customer identity, but UBS AG has not publicly disclosed the types of documents or proof-of-address validity period it accepts for non-residents worldwide.
UBS expressly states that FATCA/AEI documents vary according to the contracting legal entity, product and customer type. It will generally require a self-certification or equivalent documents confirming tax residence and FATCA/AEI status. Applicants can prepare details of all tax residences, tax identification numbers and U.S. tax status in advance.
If there are multiple nationalities, places of residence, or tax residences, it is advisable to prepare a brief, consistent explanation and supporting documents for the bank to determine which tax forms are needed.
Description: UBS’s public pages expressly state that self-certifications, U.S. tax forms or written statements may apply, but do not provide a uniform document list for all UBS AG customers. UBS must confirm requirements for certified copies, translations, presentation of originals and document validity periods for the specific account-opening entity.

Source:UBS — FATCA and AEI；FINMA — Combating money laundering；Swiss Bankers Association — Agreement on the Swiss banks’ code of conduct with regard to the exercise of due diligence, CDB 20

Company legal entity, authorization chain, and beneficial ownership

Who it applies to: Operating companies and partnerships, and their directors, authorized signatories, and ultimate beneficial owners; not applicable to those applying only for a personal account.
Documents to Prepare: Prepare proof of company registration, the latest commercial register extract, articles of association, and registered address information to verify the legal entity’s identity. Swiss CDB 20 requires banks to verify the identity of contracting customers, but UBS AG has not published a document list specific to overseas companies.
Prepare a list of directors/signatories, board resolution authorizing account opening and granting authority, signing arrangements, and a chart of the ownership and control chain from the direct shareholders to the natural persons, indicating voting rights.
For operating legal entities subject to Swiss CDB 20, the identification benchmark for controllers is a natural person holding at least 25% of capital or voting rights. If there is no such person, identify a person exercising control through other ascertainable means; if this is still not possible, identify the senior executive as a substitute. A declaration of the beneficial owner of assets is a separate concept and disclosure is not limited to persons meeting a particular ownership percentage.
Description: 25% is the controlling-person identification rule under Swiss CDB 20 for applicable operating legal entities; it is not a global threshold or a UBS AG customer-specific form published by the bank. CDB 20 allows banks to use their own forms with equivalent content and provides for exceptions; confirm applicability, authentication, and translation requirements with UBS.

Source:FINMA — Combating money laundering；Swiss Bankers Association — Agreement on the Swiss banks’ code of conduct with regard to the exercise of due diligence, CDB 20；Swiss Bankers Association — Combating money laundering

Genuine business, source of funds and intended account use

Who it applies to: Preparation for individual or corporate customers; the bank may require different evidence depending on customer risk and product.
Documents to Prepare: Prepare a one-page business explanation listing the main products/services, countries where customers and suppliers are located, main transaction currencies, expected purposes of incoming and outgoing payments, and amount ranges.
Prepare traceable documents for the source of funds, such as recent financial statements, audit reports, tax returns, contracts/invoices, salary or dividend records, asset sale or inheritance documents, and related bank statements.
Explain separately the source of shareholders’ wealth and the source of funds intended to be deposited, specifying when they were accumulated, the amounts, payer/payee and how the relevant documents correspond; explain any unclear intermediate steps separately.
Description: The above is a general RGYS preparation recommendation, not a mandatory document list or minimum amount publicly specified by UBS AG. FINMA states that financial intermediaries must further investigate the background and purpose of a transaction or relationship when it is unusual, funds may be linked to crime or terrorist financing, or the relationship involves a high-risk country or PEP.

Source:FINMA — Combating money laundering；Swiss Bankers Association — Agreement on the Swiss banks’ code of conduct with regard to the exercise of due diligence, CDB 20

Due diligence and enhanced verification

Company controllers and beneficial owners of assets

Basis for Verification: Swiss CDB 20 distinguishes identifying the controlling person of an operating legal entity from declaring the beneficial owner of account assets. For applicable operating legal entities, rules address at least 25% of capital/voting rights, other identifiable means of control, and the fallback to senior management. The Swiss Bankers Association states that CDB’s substantive provisions have regulatory status and that revision work is ongoing.
Preparation recommendation: Submit a clear tier-by-tier ownership chart, registration documents, a shareholder register or equivalent evidence, an explanation of voting rights/contractual control, and information about the ultimate individuals. If no one meets 25%, explain the actual decision-making arrangements and ask UBS to specify the required declaration forms. Do not omit nominee, trust, or other asset-beneficiary arrangements.
Scope: Swiss Bankers Association CDB 20 rules; these are not a separate policy publicly issued by UBS AG for global customers. Individual cases and statutory exceptions must be verified.

Source:Swiss Bankers Association — Agreement on the Swiss banks’ code of conduct with regard to the exercise of due diligence, CDB 20；Swiss Bankers Association — Combating money laundering

Source of Funds, Source of Wealth, and Business Rationale

Basis for Verification: FINMA explains that financial intermediaries must identify contracting clients and beneficial owners of assets. If a relationship or transaction appears unusual, funds are suspected to be proceeds of crime, or there are indications of terrorist financing, the financial background and purpose must be clarified. Higher-risk relationships, such as those involving high-risk countries or PEPs, require more detailed documentation and scrutiny. Public information does not disclose UBS AG’s internal risk scoring, document-request checklist, or acceptance thresholds.
Preparation recommendation: It is advisable to trace each source of funds from its generation and accumulation to the proposed account using contracts, accounts, tax documents, or proof of asset disposal, and prepare an explanation for why counterparties, regions, amounts, or frequency differ from the norm.
Scope: Swiss regulatory baseline; the documents listed are RGYS preparation recommendations and do not mean that UBS AG necessarily requires every document.

Source:FINMA — Combating money laundering；Swiss Bankers Association — Agreement on the Swiss banks’ code of conduct with regard to the exercise of due diligence, CDB 20

PEPs, high-risk relationships and sanctions-related reviews

Basis for Verification: FINMA identifies relationships involving politically exposed persons and high-risk countries as higher-risk situations requiring more detailed documentation and clarification. This enhanced due diligence requirement does not mean that PEPs are categorically rejected or automatically subject to sanctions. UBS AG’s specific screening scope, treatment of related persons, and risk appetite have not been made public.
Preparation recommendation: If the applicant, controller, or a major transaction counterparty holds public office/a position at a state-owned enterprise, has a close relationship, or is associated with relevant adverse information, we recommend proactively explaining the position, term of office, relationship, and source of wealth. Prepare a list of counterparties and key jurisdictions, and explain the expected transaction purpose to the bank.
Scope: FINMA regulatory information and general preparation advice; no specific sanctions list or UBS internal rule is presumed to have been verified.

Source:FINMA — Combating money laundering

Cross-Border Tax Status and FATCA/AEI

Basis for Verification: UBS states that customers must provide the applicable documents under FATCA/AEI rules. In general, it requires a self-certification or equivalent information confirming tax residence and FATCA/AEI status, which may include a self-certification form, U.S. tax form or written statement. Requirements depend on the UBS legal entity, product and customer type; relevant account information may be reported to tax authorities as required by law.
Preparation recommendation: It is advisable to declare each actual tax residence and tax identification number, and check the entity classification and controllers' tax status. If the entity is a U.S. tax person or has a U.S. controller, first confirm with the bank which forms should be used. Ask how to update the information promptly if tax status changes.
Scope: UBS’s publicly available explanation of cross-border tax information rules; this is not tax advice and does not confirm that UBS AG will accept this application or that a particular reporting channel will apply.

Source:UBS — FATCA and AEI

Ongoing maintenance obligations

Updates to customer information, control, and tax details

The Swiss Bankers Association explains that amendments to the Swiss AMLA have introduced an obligation to update customer information periodically; no uniform public update cycle has been identified. Customers should proactively inform UBS of changes to their address, tax residence, directors/authorised persons, ownership or control, or actual business, and resubmit information as requested. UBS should confirm the specific channels, time limits and required forms.

Source:Swiss Bankers Association — Agreement on the Swiss banks’ code of conduct with regard to the exercise of due diligence, CDB 20；Swiss Bankers Association — Combating money laundering

Supplementary information for unusual transactions or periodic due diligence

FINMA requires financial intermediaries to further clarify unusual relationships or transactions and higher-risk situations. Customers should retain contracts, invoices, statements, and evidence of the source of funds, and be able to explain transactions inconsistent with the business description provided at account opening. Public information does not specify UBS AG’s review frequency for individual customers or deadlines for responding to requests for additional documents.

Source:FINMA — Combating money laundering

FATCA/AEI self-certification maintenance

UBS states that customers must provide applicable tax residence and FATCA/AEI classification documents, and that account information may be reported as required by law. Public pages do not specify update triggers, frequency or consequences of late updates. Contact the actual contracting entity and confirm the update requirements if tax residence or status changes.

Source:UBS — FATCA and AEI

Please confirm with the bank before booking

Are the legal entities responsible for opening the account, contracting, and maintaining account records for this application in fact UBS AG? Which country/region branch or team will manage the client relationship?
Does UBS AG accept applicants who currently reside in the applicant’s country of residence, or companies incorporated or actually operating there? Do the applicant’s customer category, service scope or asset size affect eligibility?
Which identity, registration/authorization, beneficial ownership, source of funds, and source of wealth documents are required separately for individuals and companies? How is the applicable CDB 20 form or UBS's own equivalent form determined?
Must documents be originals or certified copies, issued within a specified period, or in a designated language? Are video verification, certified translations, or overseas notarization accepted?
Which CRS/AEI self-certifications, tax numbers and FATCA forms must be submitted? What channel should be used to update information when tax residence, controlling persons or company details change?
What are the applicable account-opening/maintenance fees, minimum assets or deposit, expected review time, and post-opening information review process?

Not confirmed by public information

The complete list of countries/regions UBS AG can serve for non-Swiss resident individuals and foreign companies, customer category restrictions and minimum asset thresholds have not been confirmed from public information.
Detailed document lists by applicant type for overseas applications to UBS AG, proof-of-address validity periods, translation/certification rules, remote identity verification and the actual appointment process have not been publicly confirmed.
Fees for opening an account with UBS AG, maintenance fees, minimum deposit/assets, review times and periodic review frequency have not been confirmed in the sources consulted.
UBS’s internal risk appetite, industry/country limits, individual PEP case outcomes and requirements for additional documents have not been published. Ask the actual contracting entity directly; the bank retains independent review and decision-making authority.

Sources & Scope of Verification

UBS — FATCA and AEI
UBS expressly states that FATCA/AEI documents vary according to the contracting legal entity, product and customer type. It generally requires customers to provide a self-certification or equivalent information on tax residence and FATCA/AEI status, which may include U.S. tax forms/written statements, and reports relevant account information as required by law. No uniform list for account opening with UBS AG worldwide has been provided.
FINMA — Combating money laundering
FINMA explains that Swiss banks verify the identity of contracting clients and identify beneficial owners of assets under CDB 20; unusual or suspicious funds must be clarified as to the background and purpose of the relationship or transaction, and relationships involving high-risk countries or PEPs require more detailed documentation and scrutiny.
Swiss Bankers Association — Agreement on the Swiss banks’ code of conduct with regard to the exercise of due diligence, CDB 20
Downloaded and read the original English CDB 20 using pdftotext. Articles 20–21 cover identification and declarations for controllers of applicable operating legal entities; articles 27–28 require the bank to obtain a declaration of beneficial ownership of account assets; articles 4, 9–15 address customer/representative identity verification and authorization arrangements. The rules include scope and exceptions and are not a checklist of UBS AG forms for overseas customers.
Swiss Bankers Association — Combating money laundering
The Swiss Bankers Association explains the regulatory status of the substantive provisions of the CDB and the progress of its revision work, and notes that amendments to the AMLA include verifying beneficial owner information and periodically updating customer information. It does not prescribe a uniform customer review frequency.

Fees and timelines

The UBS AG official materials reviewed did not confirm a minimum deposit/minimum assets, account-opening fee, account maintenance fee, application processing time, or daily transaction limit applicable to overseas individuals or companies applying to UBS AG. UBS Switzerland AG's Swiss SME product page has separate product and fee information, which cannot be used as a quote for UBS AG; therefore, no figures are listed here. Request a written quote from UBS for the specific contracting entity, product, currency, and applicable date.

Limitations and practical considerations

UBS AG and UBS Switzerland AG are listed as separate bank legal entities in the FINMA directory. Confirm the contracting entity and the entity where the account and deposits will be booked when applying; neither the UBS brand nor UBS Group AG should be substituted for the licensed bank legal entity.
Public pages do not confirm that UBS AG accepts account applications from individuals of all places of residence or foreign companies worldwide, and do not provide a complete list of serviceable jurisdictions. Standard Swiss personal and SME product pages apply to UBS Switzerland AG and specify conditions such as Swiss residence.
Account opening is subject to AML/KYC, beneficial ownership, source-of-funds, tax information, and sanctions checks under the rules of Switzerland and the applicant’s place of residence/registration. The bank independently decides whether to accept an application.
This information is research based solely on public sources. It is not an account-opening channel currently available for appointments through Rengangyongsheng or an established business relationship, nor does it promise that an account will be opened or approved.

Licensing evidence and regulatory verification

The FINMA official “Authorised banks and securities firms” list contains the specific entry “UBS AG — Zürich — Bank — Category 1”; the FINMA authorised institutions page indicates that the list was updated on 2026-10-26. UBS’s website separately states that UBS AG is licensed as a bank in Switzerland. This is listing evidence for the legal entity UBS AG, not UBS Group AG or UBS Switzerland AG; the PDF does not show a separately citable license number. FINMA notes that the public directory is updated periodically, that individual authorised institutions may not yet be listed, and that institutions that have lost authorization may remain listed temporarily. Accordingly, confirm the current status and actual contracting entity with FINMA or the bank when applying.

Swiss Financial Market Supervisory Authority (FINMA) Official registration or record

Information sources

UBS AG — Corporate Governance and Entity Information
UBS AG is registered in Switzerland and has offices in Zurich and Basel, and lists company identification number CHE-101.329.561. It expressly identifies UBS AG as a bank and distinguishes it from UBS Switzerland AG, stating that both are Swiss-licensed banks and may conduct personal and commercial banking business.
FINMA — Authorised banks and securities firms
The FINMA official list of banks and securities firms PDF contains the specific entry UBS AG — Zürich — Bank — Category 1 and separately lists UBS Switzerland AG; this is direct directory evidence for UBS AG in this file.
FINMA — Authorised institutions, individuals and products
Explains that the register of authorized institutions is updated periodically and explicitly cautions that an authorized institution may not yet appear on the list, while an institution that has lost its authorization may still be shown. Therefore, even specific entries on the list must be checked against the current status. The FINMA page marks the bank/securities company list as updated on 2026-10-26.
UBS — Completion of merger of UBS AG and Credit Suisse AG
The UBS 2024-05-31 announcement states that UBS AG and Credit Suisse AG completed their merger, Credit Suisse AG was deleted from the Zurich commercial register and ceased to exist as a separate entity, and UBS AG assumed its rights and obligations.
UBS Switzerland — Private account
The Swiss standard personal account page states that Swiss residence and Swiss tax liability are required, and that proof of address is required in some cases. Existing customers can apply online; new customers must visit a branch. The page concerns a local account service of UBS Switzerland, and does not prove that UBS AG accepts non-residents worldwide.
UBS Switzerland — Moving to Switzerland: bank accounts
For clients relocating to Switzerland, list a valid passport/ID and residence permit or municipal registration confirmation, and explain that an account can be opened online or at a UBS branch. Do not state that UBS AG offers global remote account opening.
UBS Switzerland — Business account for your SME
Describes the Swiss SME business account product category and the publicly stated conditions for start-ups: the company name is checked against the commercial register, the applicant holds at least 25% of the shares, and has registered individual signing authority. The website’s legal information identifies UBS Switzerland AG; this does not establish that the product for foreign companies is offered by UBS AG.
UBS Switzerland — Business current account
Lists the currencies available for business current accounts and features of the Swiss SME product. Applicants must be at least 18 years old, reside in Switzerland and hold an identity document from an approved country. These are local account conditions for UBS Switzerland AG in Switzerland and should not be extrapolated to eligibility to open an account with UBS AG as a foreign company.
FINMA — Combating money laundering
Explains that under the Swiss AMLA/FINMA framework, banks must verify the identity of contracting parties and the beneficial owners of assets, investigate unusual transactions, high-risk customers, or doubts about source of funds further, and comply with suspicious-transaction reporting obligations.
Swiss Federal Tax Administration — Automatic exchange of information AEOI
The Swiss Federal Tax Administration explains that when a customer’s tax residence is abroad, banks and other financial institutions collect account balances and categories of investment income and report them to the Swiss tax authorities, which forward them to the relevant foreign tax authorities. It explains that Switzerland has adopted the AEOI standard.
Swiss Federal Tax Administration — FATCA administrative assistance
Explains the Swiss-U.S. FATCA cooperation arrangement, current handling of U.S. account information, and the Model 1 agreement signed in 2024. Implementation of the new Model 1 is still in progress and is planned to take effect no earlier than 2029-01-01.
SECO — Searching for subjects of sanctions and overall list
Swiss SECO provides a search tool for sanctioned individuals, companies, and organizations and a complete list for download, and notes that the search tool shows only directly sanctioned parties and does not show possible ownership or control relationships.
esisuisse — Deposit insurance questions and answers
Explains that Swiss deposit insurance generally covers up to CHF 100,000 per customer, per bank; customers residing or registered abroad may also be protected, subject to scope limitations such as deposits booked at foreign branches that are not covered.