Private Accounts

GLKB Glarner Set

  • Standard banking package for individuals

General information:

Banking package of Glarner Kantonalbank (SZKB). Provides customers with private account, savings account, Debit Mastercard, online and mobile banking. Credit cards also available.

Age:
For individuals from the age of 25.
Currencies:
CHF
Package / account management fee:
For customers exclusively using online banking, the account management costs CHF 48.00 per year.
For others, the account management costs CHF 60.00 per year.
Private account interest rate:
0% per year.
Account opening:
The account opening is free of charge.
Closing of account:
The closing of account is free of charge.
Annual account closure:
The annual account closure is free of charge.
Statements of account:
The monthly statements of account by mail are subject to charges.
Incoming payment:
Incoming payment in CHF are free of charge.
Outgoing payment (Switzerland):
Electronic payment orders in CHF are free of charge.
SEPA payment:
Electronic SEPA payment orders in EUR are free of charge.
Non-SEPA payment (abroad):
Fee of CHF 10.00 per electronic non-SEPA payment order in foreign currency.
Direct debit (LSV) Switzerland:
Electronic payment orders by direct debit (LSV) within Switzerland are free of charge.
Standing order Switzerland:
Electronic standing orders in CHF within Switzerland are free charge.
Annual fee debit card:
Debit card: There is no annual fee to pay.
Purchase Switzerland:
Debit card: Purchases in Switzerland in CHF are free of charge.
Purchase abroad:
Debit card: For purchases in foreign currencies, there is a fee of 1.75% of the purchase amount with a maximum of CHF 1.50.
Cash withdrawal Switzerland:
Debit card:
Cash withdrawals in CHF at ATMs of the same bank in Switzerland are free of charge.For cash withdrawals in CHF at ATMs of other banks in Switzerland, there is a fee of CHF 2.00 per withdrawal.
Cash withdrawal abroad:
Debit card:
Per cash withdrawal abroad, there is a fee of 0.8% of the amount with a minimum of CHF 5.00.
Savings account interest rate:
Up to CHF 50,000: 0.7% per year.
From CHF 50,000 to CHF 250,000: 0.5% per year.
From CHF 250,000: 0.4% per year.
Savings account
withdrawals:
Withdrawals up to CHF 20,000.00 per month are allowed without notice. There is a notice period of one month for higher amounts.
Credit card:

Different credit cards available, for instance Glarner credit card, Mastercard Silber / Visa Classic: CHF 5 per month.

Credit card
Purchase abroad in foreign curency:
For purchases abroad or online in foreign currencies there is an administrative fee of 1.75% of the purchase amount.
Reward program:

Various discounts.

Pillar 3a account
interest rate:
0.8% per year.
Termination of banking relationship:
The termination of the banking relationship is free of charge.
Special services:
Debit Mastercard, Mobile banking, Online banking