Private Accounts

Alternative Bank Business Current Account

  • Standard business account

  • Sustainable banking

Business type:
SME, Startup, Self-employed, Association, Non-profit organization
Currency:
CHF
Requirements:

Business current account.

Interest rate:

0% per year.

Debit interest on overdrafts:

The rate of debit interest is 10% p.a.

Withdrawals:

Unlimited withdrawal options.

Credit cards:

Mastercard Business Card Silver: CHF 100 per year (additional card CHF 50 per year).
Mastercard Business Card Gold: CHF 170 per year (additional card CHF 85 per year).

Capital payment:

Nonrecurring costs of capital payment account for GmbH or AG: CHF 200. CHF 500, if capital does not remain with Alternative Bank after payment is completed.

Account management costs:

Account opening: free of charge.
Account management costs: CHF 60 per year. CHF 0.10 for each in- or outgoing payment.
Close-out of account: CHF 10.
Statements of account: monthly free of charge. Mail: Postal fees.
Account closure: free of charge.

Payment transaction costs:

Incoming payment (Switzerland): CHF 0.10.
Electronic payment order (Switzerland): CHF 0.10.
Electronic payment order (abroad): SEPA EUR payments CHF 6.10 per payment; other payments (non-SEPA) and currencies CHF 10.10 per payment.
Non-electronic payment order: depending on order type.
Permanent order: Execution (Switzerland in CHF): CHF 0.10.
Payment by direct debit (LSV): CHF 0.10.

Purchases:

Debit Mastercard: CHF 40 per year.
Purchases in Switzerland in CHF: free of charge.
Purchases in foreign currencies and abroad: CHF 1.50 per purchase.

Cash withdrawals:

No own ATMs.
Cash withdrawal at ATMs of other banks in CHF: free of charge up to 10 withdrawals per month, then CHF 3.
Cash withdrawal abroad: CHF 5 in addition to foreign exchange rates.

Special services:
Debit Mastercard, Mobile banking, Online banking, Credit card
Software:

Online expense management with eXpense.

General information:

Business (Current) Account of Alternative Bank (ABS).