The term "cash out" denotes the process of converting non-cash assets into cash. In Switzerland, the closure of or full removal of assets from a checking or savings account is often referred to as the “balancing” or “cashing out” of the account balance (“saldieren” or “Saldierung” in German).
You can generally close a single account, such as a checking account, without having to give up your other accounts or services at the same bank.
While you can open an account at most banks without paying a fee, many banks charge you fees when you close your account.
The one-off costs of closing an account are accounted for in the checking account and bank package comparisons on moneyland.ch.