tag:blogger.com,1999:blog-8738062313451930366.post974262114972445943..comments2010-02-11T03:21:08.458-08:00Comments on Swiss Financial Questions: How does the Swiss Pension system work?Geneve-Zwitserlandnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8738062313451930366.post-39615436930076254542010-02-11T03:21:08.458-08:002010-02-11T03:21:08.458-08:00There is no mandatory deposit for a client that is...There is no mandatory deposit for a client that is resident in<br />Switzerland.<br /> <br />However, if an individual is trying to open an account and they are NOT a resident in Switzerland then a minimum deposit will be imposed and this can actually be nearer 50,000 depending on the bank.Quintijnhttp://www.blogger.com/profile/08773053997466066706noreply@blogger.comtag:blogger.com,1999:blog-8738062313451930366.post-5263530883291592682008-11-07T08:06:00.000-08:002008-11-07T08:06:00.000-08:00I have spoken to a few companies such as Swiss Lif...I have spoken to a few companies such as Swiss Life & UBS who impose initial deposits of 20,000 and 30,000 respectively for a UK national working in Switzerland.<BR/><BR/>If pillar 2 is mandatory for an employee, what happens if the initial deposits are not affordable?drivemecrazy17http://openid.aol.com/drivemecrazy17noreply@blogger.com