Private Accounts
BPS Youth Deposit Account
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Youth savings account
General information:
Not suitable for payment services.
Obligatory conditions up to the age of 18.
Age:
For individuals up to the age of 25.
Account type:
Youth savings account
Currency:
CHF
Interest rate:
Up to CHF 150,000: 1% per year.
From CHF 150,000: 0.25% per year.
From CHF 150,000: 0.25% per year.
Withdrawals:
Withdrawal possibilty: CHF 5000 per month. Larger amounts are subject to a notice period of 3 months (up to CHF 20,000) or 6 months (above CHF 20,000).
Account opening fee:
The account opening is free of charge.
Account management costs:
The account management is free of charge.
Closing of account fee:
The closing of account is free of charge.
Termination of banking relationship:
The termination of the banking relationship costs CHF 50.00.
Minimum deposit:
Not specified.
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