Private Accounts

GLKB Youth Savings Account

  • Youth savings account

General information:

Not suitable for payment services.

Age:
For individuals between 14 and 20 years of age.
Account type:
Youth savings account
Currency:
CHF
Interest rate:
Up to CHF 50,000: 0.25% per year.
From CHF 50,000: 0.05% per year.
Withdrawals:

Withdrawal possibilty: CHF 20,000 within 35 days. Larger amounts are subject to a notice period of 35 days. If the account is opened by the parents, withdrawals are only possible to a limited extent. The bank may request proof of the intended use if necessary.

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 is free of charge.
Minimum deposit:
Not specified.

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