Not necessarily.
Financial institutions may not always have to go through Finma to transmit data to foreign supervisory authorities ( see Art. 42c of Finmasa: https://www.fedlex.admin.ch/eli/cc/2008/736/de#art_42_c).
The waiver posted above is however a precondition to transmitting data of clients to foreign supervisory authorities.
Does anyone know, if we can transfer funds for free from ZKB to IBKR?
Yes, it is for free.
Transferring CHF is easy and free because IBKR provides a Swiss IBAN (so it is a domestic transfer, not an international one). I did it from PostFinance and UBS, it should work with ZKB as well.
However, transferring USD (dividends received from VWRL) always cost me something (about 14$, charged by IBKR)
Hi everyone, question regarding the joint account, do you need to go in person to open this account? Or do each of you open an individual account through the app and then somehow create a joint account in the website/app?
My wife and I arenât clients of ZKB yet.
Thank you!
According to Einzelkonto in gemeinsames Konto umwandeln (zkb.ch) this is not possible.
My gf and I are both clients of ZKB.
Opening a joint account with existing relationships is done fastly, they sent documents to sign.
But when I opened the bank account couple of years ago, I went by personally. Today, it may be different, I donât know.
According to some recent news, SG and TG cantonal banks also removed account fees. Please check for details yourselves if it is relevant for you.