There's usually no minimum balance required to open an account, but once an account holder deposits funds, there is typically a minimum balance requirement, which varies according to the bank. dollars, Euro, or British Pound Sterling. Account holders can choose their currency-most choose to hold their funds in Swiss francs, U.S. Nonresidents of Switzerland must be at least 18 years old to open a Swiss bank account, and that's about the only restriction. Swiss Bank Accounts and Nonresidents of Switzerland
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The BID number is the Business Identification Number. These codes are standardized reference numbers assigned by SWIFT, to banks and a range of other financial and non-financial institutions.
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