Opening an Account with CIM Banque +380443624104

CIM Banque is a private Swiss bank that has been operating since 1990.

The bank offers popular «All in one» banking products: current accounts, letters of credit, asset management, payment cards, currency risk hedging, safe deposit boxes, Forex transactions. It is one of the few banks that still allows remote account opening and has Russian-speaking staff. CIM Bank is one of the few Swiss banks that opens accounts for companies and individuals with roots in CIS countries. CIM Bank certainly holds the leading position among our clients, every one of whom has been satisfied with the service at CIM bank.

Although opening an account with CIM Bank is fairly simple, it requires a professional approach, because you will not get a second chance to make a first impression.

The account opening procedure consists of several stages:

Preliminary review consists of collecting brief information about the client's economic activity; a bank officer studies the information and makes a preliminary decision on whether the client complies with the bank's policy.
Preparing a document package and sending it by courier to Geneva, which includes producing notarised copies of the passports of the company's directors and shareholders, preparing the agreement with the bank and the company's constitutional documents, and the client's CV.
Review of the documents at CIM Bank by the bank's analysts and the compliance department.
Payment of the first minimum deposit: 5000 EUR/USD/CHF for individuals and 10000 EUR/USD/CHF for legal entities; it may be paid from a personal account or as payment for the supply of goods or services.
Meeting with a bank officer via online video call.
An account can only be opened for a company that files financial statements.
The bank does not open accounts for companies with nominee shareholders.
The bank participates in the automatic exchange of tax information.

Cost of account opening support

800$

Account types

Personal and corporate
Multi-currency

Account opening cost (bank fee)

Personal accounts — free of charge
Corporate — 150CHF
There is a first minimum deposit requirement of:

for individuals -5000 EUR/USD/CHF
for legal entities — 10000EUR/USD/CHF

Bank presence in other countries

None

Service fees

Accounts for individuals – 90 CHF/quarter.

Accounts for legal entities – 120 CHF/quarter. In addition, an administrative fee of 750 CHF is paid once a year.

Incoming transfers:- from 0 to 1 999 CHF – 15 CHF
from 2 000 to 4 999 CHF – 30 CHF
from 5 000 to 19 999 CHF – 50 CHF
from 20 000 to 49 999 CHF – 100 CHF
from 50 000 to 99 999 CHF – 150 CHF
from 100 000 to 199 999 CHF – 250 CHF
from 200 000 to 499 999 CHF – 350 CHF
from 500 000 to 999 999 CHF – 450 CHF
from 1 000 000 to 1 499 999 CHF – 550 CHF
over 1 500 000 CHF – 0,035%.

Outgoing transfers to SEPA member countries (in EUR):
from 0 to 1 999 CHF – 10 CHF
from 2 000 to 4 999 CHF – 15 CHF
from 5 000 to 19 999 CHF – 25 CHF
from 20 000 to 49 999 CHF – 50 CHF
from 50 000 to 99 999 CHF – 100 CHF
from 100 000 to 199 999 CHF – 150 CHF
from 200 000 to 499 999 CHF – 250 CHF
from 500 000 to 999 999 CHF – 350 CHF
from 1 000 000 to 1 499 999 CHF – 450 CHF
over 1 500 000 CHF – 0,030%.

Outgoing transfers to non-SEPA countries (in other

currencies except CHF):
from 0 to 1 999 CHF – 25 CHF
from 2 000 to 4 999 CHF – 25 CHF
from 5 000 to 19 999 CHF – 45 CHF
from 20 000 to 49 999 CHF – 105 CHF
from 50 000 to 99 999 CHF – 175 CHF
from 100 000 to 199 999 CHF – 315 CHF
from 200 000 to 499 999 CHF – 385 CHF
from 500 000 to 999 999 CHF – 455 CHF
from 1 000 000 to 1 499 999 CHF – 525 CHF
over 1 500 000 CHF – 0,045%.

Account opening time

1 month

Banking products

Personal and corporate accounts
Documentary letter of credit
Documentary collection
Bank guarantee
Standby letter of credit
Transaction analysis
Lombard loans
Spot and forward currency transactions

Staff

Russian-speaking staff available.

Account management

Online banking.

Bank website

https://cimbanque.com

Opening an Account with the Swiss Bank CIM Banque