They aren’t playing catch the customer here, they explicitly state on their website that the will continuously adapt the interest to reference interest rate changes (as everyone does).
They are offering reference rate less 20 bps (0.2%) for 50k, less 35 bps for 100k, and now have improved the offer up to now 150k with an average of 1.1% or 40 bps below reference rate. That is a comparatively very good offer.
Hello, I’m going to transfer money from alpian to willbe. Could you please tell e me how to figure out the outgoing iban from alpian?
Sure thing, although I was struggling with that as well. Apparently the IBAN that you see and send to Alpian is the multi-currency IBAN and the outgoing dedicated IBAN is a separate one. I needed to chat with Alpian in their support chat to get this dedicated IBAN no. Maybe there is a way to find this IBAN in the app but I did not really check long time and just contacted the support chat which was relatively quickly. But I remember that it was hair pulling as I thought that the issue is on the wiLLBe site and complained there first 
yep, Alpian chat service asked me if I had to transfer money in Liechtenstein and they gave me a slightly different IBAN. I have whitelisted that one in the willBe app and everything worked 
Hello,
I have opened a wiLLBe account, but I don’t know how to validate an account to deposit money.
I’ve added the IBAN of my NEON account, but my account is still pending.
Do I have to make a transfer from NEON to be validated?
Also, from NEON, do I need to make an international transfer? Neon doesn’t offer me CHF currency for international transfers.
Thanks
But you still need to declare them in Switzerland?
Just because you don’t have to pay the 35% WHT doesn’t mean it’s tax-free money. You must declare the full amount as income.
Yes, you do to activate the IBAN. Local/swiss transfer will work for Lichtenstein
anyone have experience transfer CHF from wiLLBe to IBKR? 1. can you transfer directly without passing by a Swiss bank like UBS? 2. if you make the order before 5pm on day 1, would you receive the money on IBKR the next morning?
Thanks
anyone have experience transfer CHF from wiLLBe to IBKR? 1. can you transfer directly without passing by a Swiss bank like UBS? 2. if you make the order before 5pm on day 1, would you receive the money on IBKR the next morning?
Thanks
thanks for having shared your experiece
OK noted sir, didn’t know can’t ask the same questions in 2 relevant threads 
I believe he was talking about transferring money from IBKR to wiLLBe, while I am asking the other way, is it the same rule?
sorry I don’t get it: I thought we can’t transfer from wiLLBe to IBKR directly because IBKR account is NOT with our own name. Do you mean wiLLBe account will not be under our own name? Yuh and UBS has IBAN with our own name on it. thanks
I already transferred money from Yuh to IBKR directly in the past, why can’t Willbe if it’s in my name? sorry still don’t get it
wiLLBe offers a lean onboarding by doing only a limited know your customer (KYC) process, effectively outsourcing the full KYC to your brick and mortar bank or proper broker. But, that means they only will allow transfers to and from accounts in your name. Many neo banks and fintechs do the same nowadays.
True… though didn‘t Yuh do the same? 
I am not sure how Yuh does it. I was already a Swissquote customer so opening a Yuh account was automated and took less than a minute. From others I hear their onboarding is indeed quite light, but it also seems that this is only for the immediate account opening. Once you cross certain thresholds they need more information, and ultimately they seem to do the full KYC procedure including for example asking for your tax number and status per country (which is unavoidable as they offer a traditional retail banking). I think they just take a bit of risk to initially quickly grow the business, which seems to have worked well for them.
wiLLBe has just updated their rates based on the SNB decision:
| Totaleinlage | EUR | USD | CHF |
|---|---|---|---|
| bis 50’000 | 3.55% | 4.75% | 1.10% |
| bis 150’000 | 3.25% | 4.45% | 0.80% |
| ab 150’000 | 0.25% | 0.25% | 0.25% |
My Alpian account has not reacted yet but I assume it’s just a matter of time.
I am considering using WiLLBe to temporarily park my CHF/EUR/USD cash, with the need of moving them out on investment need basis (IBRK). The matter was discussed above but I did not fully understand the answer: the impossibility of transferring funds from wiLLBe to IBRK is confirmed? Any experience on this?
And what about using Revolut as account? If I look at the account details for both CHF EUR and USD Revolut accounts, I see that I am the account holder.
Are there any fees in eventually moving in & out from Revolut (Premium)?
Any other idea on how to transfer especially EUR and USD?
Thanks a lot
I don’t know how to do a nice table like @conquestador did, but wiLLbe has updated their interest rates again after the rate cut by SNB (as expected). They now pay 0.35% for the first 50k, and 0.05% for the next 100k, equaling a blended rate of 0.20% for the insured 100k.
