For digital nomads, remote workers, and freelancers in Switzerland, Grey provides a convenient way to open foreign accounts in USD, GBP, and EU online. Whether you're working amidst the Alps or living Zurich, Grey connects you to international opportunities with Swiss-level efficiency. This guide will walk you through the simple steps to make cross-border banking seamless and accessible in Switzerland.
Why Open a US, UK, or EU bank account from Switzerland?
Avoid high exchange fees: The Swiss Franc (CHF) is one of the strongest currencies, but frequent conversions to USD, GBP, or EUR for international transactions can result in high costs. Opening these accounts helps you avoid unnecessary fees and keep more of your money.
Simplify global payments: Switzerland is a global hub for business, with over 87% of its exports going to international markets. Having US, UK, or Euro accounts allows seamless payments to clients, suppliers, and partners worldwide without delays or additional charges.
Access international opportunities: Switzerland’s strategic location and global trade connections mean many residents work or do business with countries in the Eurozone, the US, and the UK. These accounts ensure you can easily handle transactions and tap into new markets efficiently.
Who should have US, UK, and EU bank accounts in Switzerland?
Freelancers and remote workers: Switzerland attracts thousands of professionals working with clients and companies in the US, UK, and Eurozone. Having these accounts allows them to receive payments in the right currency, avoiding costly exchange rates and delays.
Business owners and entrepreneurs: Switzerland’s strong export economy, valued at over CHF 400 billion annually, makes it essential for businesses to manage global payments efficiently. US, UK, and Euro accounts enable smooth transactions with international suppliers and clients.
Travellers and expatriates: Switzerland is home to a large expat community and is a popular travel destination. These accounts simplify managing finances across countries, whether it’s for booking travel, paying for services abroad, or managing cross-border living expenses.
Opening a Grey account is straightforward and can be done in minutes.
First, visit grey.co on your browser and sign up by creating an account with your email.
Then follow the prompts and ensure you enter your correct details for a seamless setup.
Next, you’ll need to verify your identity — a crucial step for meeting regulatory requirements. This process is particularly important for non-U.S. residents, as Grey specialises in providing accounts for individuals outside the United States.
Verification process for Switzerland
To complete your verification with Grey, you will need to upload a valid government-issued ID (such as an international passport) and proof of address (like a utility bill or bank statement). These documents are used to confirm your identity and meet regulatory requirements in Switzerland.
Grey will review your documents within minutes to 24 hours. Submitting clear and valid documents will help speed up the approval process.