Can I open several 3a accounts at different banks?

Here you will find the right answers

About Moneyland Forum

The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.

Show categories

Please login in or sign up to participate in the forum.
 
avatar
  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

Is it possible to open a 3a retirement account at one bank and another 3a retirement account at another bank?

 
avatar
  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4002

Hi there,

Yes, you can open 3a retirement accounts at as many different banks as you please. Holding your savings at different banks instead of just one provides greater depositor protection.

Best regards from Moneyguru

More on this topic:
3a retirement account comparison
Depositor protection explained
Bank failures: Is your money guaranteed?