Notice Period

A notice period is a time period ahead of which you must inform the other party to a contract in which you are engaged that you wish to terminate the contract. Not all contracts have notice periods, but notice periods are commonly found on employment contracts, rental agreements, banking contracts, insurance policies and telecom contracts.

In Switzerland, many contracts offered by service providers have notice period of several months. The length of average notice periods varies depending on the sector, the type of contract and the service provider. Notice periods of one month are standard for Swiss compulsory health insurance policies. Swiss telecom service providers typically require notice of either 1 month or 2 months for the penalty-free termination of contracts.

Example: If you would like to terminate a mobile plan which has a 2-month notice period on October 31, your telecom service provider will need to receive your notice by August 31.

More on this topic:
Minimum contract term

Health insurance premiums in comparison

Find the cheapest health insurance now

Compare now
Request now for free

Leading credit cards

Free credit card

Swisscard Cashback Cards Amex

  • No annual fees

  • Two cards Amex & Visa/Mastercard

  • With cash back

Free credit card

Migros Cumulus Visa

  • No annual fees

  • With Cumulus points

  • Without foreign currency fees

Trading platforms

Brokers with low fees

Swiss Broker


  • Swiss online bank

  • No additional exchange charges

  • No transaction fees for Swiss equities

Swiss Broker

Saxo Bank Switzerland

  • Swiss online bank

  • Favorable prices stock trading

  • High account interest rates

Swiss Broker


  • Swiss online bank

  • No custody fees for stocks

  • Free market research and trading signals

Request now for free

Cheap bank accounts with card

Free bank account


  • No account fees

  • Banking partner: Swissquote & Postfinance

  • CHF 20 trading credit with code «YUHMONEYLAND»

Swiss digital bank


  • Multi-currency account with Visa card (CHF, EUR, USD, GBP)

  • Favorable foreign exchange rates

  • CHF 100 welcome bonus

Online private account

UBS key4

  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

Expert Ralf Beyeler
Ralf Beyeler is the telecom expert at and also covers other areas of personal finance.