wiLLBe banking app

wiLLBe now offers a Gold account with 0.5% storage cost, has anyone tried it yet? I just subscribed to it, being a user of the regular savings account. Don’t know when I’ll contribute though, but I’d like to see how it works.
You can even get physical delivery, should you ever need it :wink:

if i’m right you can start with 1 gr

Here we go… What’s the best (== cheapest) way to transfer USD funds without conversion then? I guess Wise should work for an incoming transfer, but we would need to pay a SWIFT fee anyway… But what about the outgoing transfer if you don’t have a “real” US account?

It depends where you send your USD.
Did you have a look at Alpian?
7chf outside the currency zone or free inside.

Their 0.1% markup was quite nice and as always these things are then not meant to stay.

So, I guess, now it’s either WISE or IBKR going forward.

Hello, i don’t know if the question was already asked, but I was thinking about “parking” 50k EUR at this bank. the interest rates seem good. do you have any experience? what about the tax declaration, does the tax statement already give you the amount for the swiss withholding tax or you need to calculate it?

thanks

I have no personal experience with Willbe.

Not sure what you mean by this. If there is withholding tax, the amount and % is shown on your Willbe account statement. If Willbe provides a separate sheet for tax purposes, it will also be written on that sheet. So it’s very easy to see this number and to transfer it to your tax declaration.

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Willbe is prett solid (had with them an account).
Since they are in FL, they do not keep any WHT - they pay out 100% of the amount. You have to declare that accordingly.

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In addition to just being able to put the numbers in the tax software yourself, they also provide you with an eTax statement, which you can send through to the tax office.

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I had a good experience with WillBe. Easy transfer in/out and the e-statement provided simplifies the tax report.

The app is userfriendly.

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