Banque Cantonale du Valais (BCVS)

Cantonal Bank

BCVS Youth Savings Account

General information:

Not suitable for payment services.

Age:
For individuals up to the age of 19.
Account type:
Youth savings account
Currency:
CHF
Interest rate:
Up to CHF 20,000: 0.75% per year.
From CHF 20,000 to CHF 500,000: 0.025% per year.
From CHF 500,000: 0% per year.
Withdrawals:
Withdrawals up to CHF 25,000 per year are allowed without notice. There is a notice period of 6 months for higher amounts.
Account opening fee:
The account opening is free of charge.
Account management costs:
The account management is free of charge.
Closing of account fee:
Not specified.
Minimum deposit:
Not specified.

Facts

Founded in
1917
Number of Employees
536
Languages
German, English, French
Locations
Sion, several other locations