Migros Bank Account Type

Migros Bank offers a variety of account types designed to meet the diverse needs of its clients. The available account types include:

• Private Account:
• Minimum Initial Deposit: CHF 7,500
• Features: Free account management with a minimum balance, access to funds in both Swiss Francs and Euros.
• Bonus Savings Account:
• Minimum Initial Deposit: CHF 0
• Features: Attractive interest rate of 1.40% on newly transferred funds for the first year.
• Investment Savings Account:
• Minimum Initial Deposit: CHF 0
• Features: Secure option for long-term savings with competitive interest rates.
• Retirement Savings Account (Vorsorge 3a):
• Minimum Initial Deposit: CHF 0
• Features: Digital solution for building a financial cushion for the future, offering tax benefits.
• Current Account:
• Minimum Initial Deposit: CHF 0
• Features: Versatile services for daily banking transactions.
• Call Money Account:
• Minimum Initial Deposit: CHF 0
• Features: Allows businesses to optimize excess liquidity with variable interest rates.
• Fixed-Term Deposits:
• Minimum Initial Deposit: CHF 7,500
• Features: Fixed interest rates for durations ranging from 1 to 12 months.

Migros Bank Broker Account Opening Process

To open an account with Migros Bank, clients can choose from three different methods:

• Online:
• Visit the Migros Bank website and navigate to the “Open Account” section.
• Select your preferred account type and follow the on-screen instructions.
• Upload scanned copies of your required documents.
• Complete the online application form and submit it electronically.
• Once approved, finalize the account opening by transferring the minimum deposit.
• Branch:
• Visit a Migros Bank branch near you.
• Inform the staff of your intention to open an account.
• Bring all the required documents with you.
• A representative will assist you with completing the application form and verifying your documents.
• Deposit the minimum amount to activate your account.
• Mail:
• Download and print the application form for your chosen account type from the Migros Bank website.
• Complete the form and attach copies of your required documents.
• Mail the application package to the address specified by Migros Bank.
• Once your application is processed and approved, you will receive instructions on how to activate your account and make your initial deposit.

For more information, you can visit the official Migros Bank website: Migros Bank.