Cash Out

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

More on this topic:
Unbiased Swiss checking account comparison
Comprehensive Swiss savings account comparison
Swiss bank package comparison

Request now for free

Cheap bank accounts with card

Free bank account


  • No account fees

  • Banking partner: Swissquote & Postfinance

  • CHF 20 trading credit with code «YUHMONEYLAND»

Swiss digital bank


  • Multi-currency account with Visa card (CHF, EUR, USD, GBP)

  • Favorable foreign exchange rates

  • CHF 100 welcome bonus

Online private account

UBS key4

  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

Swiss bank packages comparison

Find the best bank offer now

Compare now
Trading platforms

Brokers with low fees

Swiss Broker


  • Swiss online bank

  • No additional exchange charges

  • No transaction fees for Swiss equities

Swiss Broker

Saxo Bank Switzerland

  • Swiss online bank

  • Favorable prices stock trading

  • High account interest rates

Swiss Broker


  • Swiss online bank

  • No custody fees for stocks

  • Free market research and trading signals

Request now for free

Leading credit cards

Free credit card

Swisscard Cashback Cards Amex

  • No annual fees

  • Two cards Amex & Visa/Mastercard

  • With cash back

Free credit card

Migros Cumulus Visa

  • No annual fees

  • With Cumulus points

  • Without foreign currency fees

Expert Benjamin Manz
Benjamin Manz is CEO of and an independent expert on banking and finance.