Julius Baer Account Type

Julius Baer offers various types of accounts tailored to meet the needs of different clients. The primary account types include:

• Individual Accounts: Designed for private clients seeking personalized banking services, these accounts provide access to a range of investment options and wealth management services.
• Corporate Accounts: Suitable for businesses, allowing them to manage financial operations and investments effectively.
• Omnibus Accounts: These accounts enable unified trading solutions, ideal for asset management companies and prime brokers.
• Discretionary Accounts: For clients who prefer professional management of their investments, where Julius Baers experts make decisions on behalf of the client.

Each account type emphasizes security, confidentiality, and tailored investment strategies, with a minimum balance requirement of CHF 1,000,000 for personal accounts.

Julius Baer Broker Account Opening Process

Opening an account with Julius Baer involves several steps:

• Preparation of Documents: Clients must gather and submit necessary identification documents, including a valid passport, proof of address, and corporate documents for legal entities.
• Application Submission: Complete the account opening application form and submit it along with the required documents to Julius Baer.
• Document Analysis: Julius Baer‘s specialists will review the submitted documents and fill out the necessary bank forms.
• Personal Meeting: A personal meeting with a private banker is required for verification. This meeting can be arranged in Switzerland or at a designated location.
• Compliance Check: The bank will conduct a compliance check, which may involve additional requests for information regarding the client’s activities and source of funds.
• Account Opening: Once all requirements are met, the account will be opened within 3-4 weeks from the receipt of a complete package of original documents.

For further details, clients can visit the official Julius Baer website or contact their representatives directly.