|Swiss AMF AG and our group of companies is your one-stop solution for Swiss bank license services. With our extensive experience and dedicated team of professionals, we manage the entire bank licensing process, preparing all necessary documentation to ensure a seamless and successful application.|
Why Choose us?
Embark on your Swiss banking license journey with confidence by partnering with our group. Our Swiss bank licensing services provide the expertise and support you need to successfully navigate the licensing process and establish a strong foundation for your banking business. Contact us today to learn more about how we can help turn your vision into reality.
|License||FINMA Bank license (Switzerland)|
|Our group’s fees, legal and Audit Fees||Expect total legal and other fees of approximately CHF 600,00, as follows: (1) CHF 300,000 to our group of companies involved with sourcing employees, assistance with business plan, management/coordination, etc. (2) CHF 150,000 for drafting the application and coordination; (3) CHF 100,000 for an audit firm to draft the internal guidelines; and (3) CHF 50,000 for an audit of the application (required by law); this includes the legal work and documents as set forth in the FINMA guidelines (attached) except for the business plan.|
|Capital requirement||Fully paid-up minimum capital of CHF 10 million (minimum), in liquid assets, which must be paid in and remain in the company from the onset. These funds remain the property of the Company, but the capital must be maintained. The source of funds must be proven.|
|Type of corporation||Swiss public limited company (AG) (we will incorporate)|
|Licensing requirements||See Schedule A, attached hereto|
|Employee requirement||The bank will need a team of employees with solid prior banking experience. We can help provide proper staff. Expect approx. CHF 1.2 to 2 million per year salary costs (+/-)|
|Shareholders||Shareholders must have no securities or other regulatory sanctions or serious criminal offenses levied against them and must pass KYC and regulatory scrutiny.|
|Office space||Office space will be needed for housing employees. Cost range from CHF 5,000 to 10,000+ per month, depending on size, location, etc.|
|Timeframe||FINMA states that the approval process should normally take about six (6) months, but the duration depends on the quality and complexity of the application. In the case of applications with a foreign connection, the time it takes to receive a response from the competent foreign supervisory authorities must also be taken into account.|
|Cost Summary (Est.)||CHF 600,000 total fees/costs|
CHF 10-20 million deposit capital (FINMA will decide in the end, expect CHF 20m)
CHF 3 million+ to cover operating expenses for a couple years.
 These are fair estimates, but can be more or less, depending on many factors. Plan for CHF 20 million