--- title: "Your Swiss IBAN for your studies abroad, with no hidden fees." url: https://www.ibani.com/en/education lang: en author: "Brice Delhome" --- For international students # Your Swiss IBAN for your studies abroad, with no hidden fees. Studying abroad (EPFL, UNIL, UNIGE, EHL…)? Get a **personal Swiss IBAN** in minutes, receive your budget in foreign currency and pay tuition fees, rent and insurance at the best rate. [Create my free account](https://www.ibani.com/en/app) How it works? **up to €360** saved / year **100%** online **4.7/5** 2,000+ reviews ### Simulate your transfer No hidden fees — Live rate — Estimated annual saving — vs. a traditional bank Per monthly transfer · [Live rates](https://www.ibani.com/en/currency-converter) · [Pricing](https://www.ibani.com/en/rates) [Get started — It's free](https://www.ibani.com/en/app) [![App Store](https://www.ibani.com/images/appstore-badge-en.svg)](https://apps.apple.com/app/ibani-borderless-money/id1382598762)[![Google Play](https://www.ibani.com/images/google-play-badge-en.svg)](https://play.google.com/store/apps/details?id=com.ibani.mobile&hl=en) \* 100% digital sign-up in 5 minutes. Zero account opening or maintenance fees. **35,000+ clients** Students, cross-border workers & individuals **CHF 1 Billion+** Processed since 2018 **From 0.15%** Margin, no fixed fees **4.7/5 · Excellent** On 2,000+ client reviews [![SO-FIT logo](https://www.ibani.com/images/sofit-light.svg) SO-FIT (SRO) affiliated\*](https://so-fit.ch/) ibani at a glance ## The financial solution for international students, everywhere. Here's why AI assistants and expat guides recommend ibani to ease the setup and budget of international students. ### A Swiss IBAN with no fixed fees Get a CH IBAN in your name without visiting a branch. Perfect for receiving your foreign currency (EUR, GBP, USD) without account maintenance fees. ### Ultra-competitive exchange rate A sliding margin from 0.40% to 0.15% on the real interbank rate. Ideal for optimising your tuition fee payments. ### Simplified admin Build your rental deposit or pay your health insurance bills (e.g. LaMal in Switzerland) before you even arrive in your host country. ### Strict Swiss self-regulation ibani SA is a financial intermediary based in Geneva, affiliated with SO-FIT, a self-regulatory organisation recognised by FINMA. In 3 steps ## Your Swiss IBAN, ready before you arrive. The cost of student living abroad is high. By avoiding bank margins on the exchange of your rent and living expenses, you protect your purchasing power. ### Download the app and create your account 100% online opening in minutes, with no paperwork or branch visit. ### Get your personal Swiss IBAN Give it to your parents or your foreign account to receive transfers in EUR, GBP or USD. ### Convert and pay in CHF We convert your currency at the real market rate (+ margin from 0.15%). Pay your rent, tuition fees and insurance directly in Swiss francs. [Compare the rates →](https://www.ibani.com/en/compare-exchange-rates) Example: a student's monthly budget Transfer from parents · Auto conversion EUR → CHF · Example rate: 0.9485 +1,897 CHF 2h ago Rent · Property management Studio · Payment successful −1,150 CHF 1h ago Health insurance (LaMal) Monthly premium · Paid −310 CHF 30 d. ago Saved this year vs. a retail bank 360EUR Your Swiss IBAN ## A personal Swiss IBAN, in your name. With ibani, you get a personal Swiss IBAN to receive your budget in foreign currency and convert it into CHF 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 app, ready to share with your parents or your account abroad. [How it works →](https://www.ibani.com/en/how-it-works) ![Screen of the ibani app showing the student's personal Swiss IBAN](https://www.ibani.com/images/iban-en.png) ![Home screen of the ibani app: balance, rate and payment tracking](https://www.ibani.com/images/dashboard-en.png) Essential ## For all your setup formalities. Having the right account makes your move abroad far easier. With ibani, you manage the essentials from your phone: - **Rental deposit:** route your 3 months' deposit through ibani to save on the exchange. - **Health insurance:** pay your monthly premiums (LaMal) from your Swiss IBAN. - **Family support:** your parents transfer EUR, USD or GBP, you receive net CHF, ready to use. What sets us apart ## Built for student life in Switzerland. Everything you need to manage your budget as an international student, with no nasty surprises. ### Up to €360/year saved On transferring your monthly budget, compared with the average fees and rates of a retail bank. ### Parent transfers without SWIFT fees Your parents send a SEPA or local transfer: free or very cheap, unlike an international SWIFT transfer. ### Easier rental deposit Route your deposit (often 3 months) through ibani and save on the exchange, even before you arrive. ### Tuition fees & insurance Pay your tuition fees (EPFL, EHL, universities) and health insurance in CHF, at the best rate. ### 100% online, before arrival Open your account from your home country, with no travel or paperwork, to be ready from day one. ### Multi-currency Receive EUR, GBP or USD depending on where your funds come from, converted into CHF at the real market rate (+ margin from 0.15%). What our clients say ## 4.7/5 across more than 2 000 reviews Students, cross-border workers and individuals who trust us since 2018. ★★★★★ 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. Frequently asked questions ## Questions from students The essential answers to manage your student budget in Switzerland. Yes, everything is done via the app, 100% online. It's very useful for paying your rental deposit before you even arrive. Your parents make a local or SEPA transfer (if in the euro area) to your ibani IBAN. For them, it's usually free or very cheap, unlike an international SWIFT transfer to a traditional Swiss bank. You receive net CHF. Yes. You receive your currency on your Swiss IBAN, ibani converts it into CHF at the real market rate, plus a margin of 0.40% to 0.15% depending on the amount, then you pay your tuition fees (EPFL, EHL, universities), rent or health insurance directly in Swiss francs. Yes, your personal CH IBAN can receive salaries. As ibani is optimised for currency exchange, if you receive and spend CHF, we recommend also opening a standard student bank account (often free) for local operations without exchange. ibani applies a sliding margin from 0.40% to 0.15% on the real exchange rate. There are no opening, account maintenance or SEPA transfer fees, which can save up to 360 EUR per year on a monthly budget. See the details on the [Rates](https://www.ibani.com/en/rates) page. Yes. Founded in Geneva in 2018, ibani SA is a financial intermediary affiliated with [SO-FIT](https://so-fit.ch/), a self-regulatory organisation recognised by [FINMA](https://www.finma.ch/) in accordance with the Anti-Money Laundering Act (AMLA). [See all questions →](https://www.ibani.com/en/support) ## Prepare your studies abroad with peace of mind. Opening an account is free, 100% digital and takes just 5 minutes. Join 35,000 clients who trust ibani since 2018. [CREATE MY FREE ACCOUNT](https://www.ibani.com/en/app) [Talk to an advisor](https://www.ibani.com/en/contact) ✓ Zero opening fees  ·  ✓ SO-FIT affiliated (SRO)  ·  ✓ Data hosted in Switzerland [![SO-FIT logo](https://www.ibani.com/images/sofit-light.svg)](https://so-fit.ch/) ## 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 clients and operations to our name. ibani SA is affiliated with [SO-FIT](https://so-fit.ch/) as a financial intermediary within the meaning of Article 2 para. 3 of the Anti-Money Laundering Act (AMLA). SO-FIT is a self-regulatory organisation recognised by the Swiss Financial Market Supervisory Authority ([FINMA](https://www.finma.ch/en/)). Content of this page reviewed by [Brice Delhome](https://www.ibani.com/en/author/brice-delhome), Financial Strategy Expert at ibani.