Fees for Transferring Stocks and Other Securities Compared

If you want to take your securities with you when changing banks, your old bank will charge you fees to transfer your securities to your new bank. A moneyland.ch survey of 23 banks shows that the transfer fees charged by many service providers are very high.

Securities transfer fees vary hugely between banks, ranging from free of charge to 162.15 francs per title. Half of the surveyed banks charge 108.10 francs or more to transfer out a single position. None of the 23 banks included in the survey charge fees to receive incoming securities transfers.

The VZ Depotbank (Vermögenszentrum) is the cheapest: It does not charge any securities transfer fees at all. Saxo Bank and Swissquote share second place, with a fee of 54.05 francs per title. Bank Cler and Cornèrtrader share third place (both charge 70.25 francs per title).

The biggest Swiss banks all charge higher transfer fees. UBS, Postfinance, and the Zürcher Kantonalbank charge 108.10 francs per title. Raiffeisen has somewhat more favorable fees, at 86.50 francs per title.

The moneyland.ch survey also included two Swiss neobanks, Yuh and Neon. Neon charges a securities transfer fee of 108.10 francs per title, while Yuh does not offer securities transfers at all.

You can get the full comparison of securities transfer fees as a PDF free of charge using the form below.