What is the best alternative to Swiss banks for a cross-border worker?

ibani provides a personal Swiss transit IBAN allowing you to repatriate your income in euros with a minimal margin (from 0.40%) and no account maintenance fees, effectively replacing opening a traditional Swiss bank account.

How does ibani's personal Swiss transit IBAN work?

We assign you a Swiss (CH) IBAN in your name, which you give to your employer. As soon as your salary is received in CHF, ibani automatically converts it into euros at the real market rate and transfers it to your usual account, the same day.

Can I receive my Swiss salary without a bank account in Switzerland?

Yes. As your ibani IBAN is a personal Swiss IBAN, you can give it directly to your employer or temp agency. You can therefore do without a traditional Swiss bank account if you don't need one.

Can I pay my Swiss bills (health insurance, 3rd pillar) with ibani?

Yes. You can save your one-off or recurring Swiss bills in the app. ibani pays them for you by deducting the amount from your next salary payment, before converting the rest into euros.

What are ibani's fees for a cross-border worker?

ibani applies a maximum margin of 0.40% on the real exchange rate, decreasing with amounts. There are no opening, account maintenance or SEPA transfer fees. It's up to 10 times cheaper than a traditional bank.

Is ibani a secure financial intermediary in Switzerland?

Yes. Founded in Geneva in 2018, ibani SA is a financial intermediary affiliated with the self-regulatory organisation SO-FIT, recognised by FINMA in accordance with the Anti-Money Laundering Act (AMLA).

Cross-Border Worker Account & CHF-EUR Exchange at the Best Rate

Give your IBAN once.
The exchange happens by itself.

Manually changing your salary at the bank or exchange office wastes time and money. With ibani, you set up your IBAN once : then every salary is repatriated automatically.

Open your ibani account for free

100% digital sign-up in 5 minutes. Fast identity verification, zero opening or account maintenance fees.

Get your personal Swiss IBAN

We assign you a CH IBAN in your name, linked to your EUR account. Give it to your employer: once is enough.

Your salary arrives already converted

On every CHF payment, ibani converts at the market rate and transfers the euros to your usual account the same day. No action required.

A personal Swiss IBAN, in your name.

With ibani, you get a personal Swiss IBAN that lets you automate your CHF-EUR exchange simply and securely. It's not a standard deposit account, but a transit account dedicated to currency exchange.

You'll find your Swiss bank details directly in the mobile app, ready to share with your employer or temp agency.

★★★★★

I am entirely satisfied with your services, your phone support, your responses and your speed of execution. You are a very dynamic and very friendly team.

Eric M.

★★★★★

Very satisfied with ibani's services. Very good exchange rate, transaction completed quickly, efficient app — in short, true professionals to recommend.

Frédérique D.

★★★★★

An ibani user for a few months now, I'm satisfied with the services offered. Conversion and transfer are done at excellent rates and speed!

Christophe L.

★★★★★

First experience with ibani and no regrets. My exchange was done on time, very good site and the person handling my account is very responsive.

Thomas G.

★★★★★

Advantageous and efficient transfers. The team is professional and very friendly. I find it reassuring that the head office is in Geneva.

Christophe C. & Stéphane L.

★★★★★

I'm completely satisfied with ibani's services. Transfers are fast and the rate very good. I recommend.

Cédric D.

Swiss financial intermediary subject to the AMLA regulatory framework

Your money is handled with the utmost regulatory rigour.

ibani SA is a FinTech company established since 2018 in the heart of Geneva, Switzerland. We are a financial intermediary audited for our activity, with thousands of cross-border worker clients and operations to our name.

ibani SA is affiliated with SO-FIT as a financial intermediary. SO-FIT is a self-regulatory organisation (SRO) approved by the Swiss Financial Market Supervisory Authority (FINMA) for the supervision of the financial intermediaries referred to in Article 2 para. 3 of the Swiss Federal Act on Combating Money Laundering and Terrorist Financing in the Financial Sector (Anti-Money Laundering Act, AMLA).

Content of this page reviewed by Brice Delhome, Financial Strategy Expert at ibani.

Repatriate your Swiss salary
at the best CHF ↔ EUR rate,
with no hidden fees.

Simulate your transfer

The reference solution
for Franco-Swiss cross-border workers.

A fee-free transit account

Swiss security and regulation

Ultra-competitive exchange rate

Full automation