A Swiss IBAN in your name
Receive your foundation's payment in CHF on a nominative Swiss IBAN. Free to open, with no maintenance or closing fees.
2nd pillar (LPP) · 3rd pillar · Vested benefits
Repatriate your 2nd & 3rd pillar
at the best CHF ↔ EUR rate,
without eroding your retirement.
It's the capital of a lifetime. Don't let your vested benefits foundation apply an unfavorable exchange rate upon your permanent departure or retirement. Receive your CHF on a nominative Swiss IBAN and optimize the conversion securely.
0.40% Max. margin (tiered)
Real rate Interbank + margin
Geneva SO-FIT affiliated (SRO)
Pillar withdrawal · CHF 200,000
Exchange by the foundation's bank
Opaque bank margin applied
≈ 208,400 EUR
Unfavorable rate
Exchange by ibani · Real rate
Margin from 0.15% on interbank
≈ 211,800 EUR
Interbank rate
Estimated savings on this repatriation
~3,400EUR
Indicative example. The actual gain depends on the day's rate and the amount.
Nominative Swiss IBAN In your name, for the foundation
Interbank rate Margin from 0.15%, tiered
No limit Large capital supported
Audited for its activity Capital kept safe
Pillar repatriation in brief
Optimize the conversion
of a lifetime's capital.
When withdrawing a 2nd pillar (LPP), a 3rd pillar or vested benefits, the exchange rate applied can cost you several thousand francs. Here's why to use ibani.
Real interbank rate
A tiered margin from 0.40% to 0.15% (up to 10× lower than banks), applied to the real interbank rate — not your foundation's rate.
Swiss security and regulatory framework
ibani SA is established in Geneva, audited for its activity and affiliated with the SRO SO-FIT, recognized by FINMA. Your capital is handled with rigor.
No amount limit
No cap. Above CHF 1 million, tailored execution is available on request.
The direct-transfer trap
Why not ask for
a direct transfer in euros?
If you ask your pension fund or vested benefits foundation to pay your capital (CHF) to your account abroad (EUR), it is often the foundation's bank that performs the exchange.
⚠️ Watch out: these institutions do not specialize in competitive exchange. They may apply significant fees or margins. On a capital of CHF 200,000, the gap can amount to several thousand francs.
By using ibani, you receive the CHF on your Swiss IBAN, and we perform the exchange at the real interbank rate, plus a margin of 0.40% to 0.15% depending on the amount — you keep control of your capital.
✕ Direct transfer in euros
The foundation's bank converts your CHF. Opaque rate, high margin: on CHF 200,000, several thousand francs can vanish.
✓ Receive in CHF + ibani exchange
You receive your CHF on your nominative Swiss IBAN, then ibani applies a real interbank rate with a margin from 0.40% to 0.15%.
~3,400 EUR saved in the example above
Indicative example. The actual gain depends on the day's rate and the amount.
3 simple steps
How to retrieve your funds
with peace of mind.
From opening your account to receiving euros on your personal account: a clear journey, with no nasty surprises on the exchange rate.
Open your ibani account
Opening is free and 100% digital via our app. It gives you a Swiss (CH) IBAN in your name.
Inform the foundation
Fill out your vested benefits foundation's exit form, indicating your ibani IBAN as the beneficiary.
Receipt & optimized exchange
As soon as funds are received, we notify you. The exchange is performed at the real rate (+ margin from 0.15%) and the euros are transferred to your personal account.
Your repatriation, step by step
Foundation payment received
Pension capital · Nominative Swiss IBAN
+200,000 CHF
Today
Exchange done · Real rate
CHF → EUR · Margin from 0.15%
≈ 211,800 EUR
Same day
Transfer · Personal account
SEPA transfer · No fees
− 211,800 EUR
Confirmed
Swiss financial intermediary subject to the AMLA regulatory framework
Your money is handled with the utmost regulatory rigor.
ibani SA is a FinTech company established since 2018 in the heart of Geneva, Switzerland. We are a financial intermediary audited for its activity.
ibani SA is affiliated to SO-FIT 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 organization recognized by the Swiss Financial Market Supervisory Authority (FINMA).
Frequently asked questions
Frequently asked questions about vested benefits
Everything you need to know to withdraw and repatriate your 2nd and 3rd pillar with confidence.
Yes, in case of permanent departure from Switzerland (except to an EU/EFTA country for the mandatory part), to become self-employed, or to buy a primary residence. ibani facilitates the exchange of these funds once released.
Withholding tax is generally deducted by the foundation before payment. You therefore receive the net amount on your ibani account, which we then convert into euros at the real rate, plus a margin of 0.40% to 0.15% depending on the amount.
No, there is no limit. Above CHF 1 million, tailored execution is available on request.
If you request payment directly in euros, it is the foundation's bank that performs the exchange. These institutions do not specialize in competitive exchange and may apply significant margins. By using ibani, you receive the CHF on your Swiss IBAN and we apply the real interbank rate, plus a margin of 0.40% to 0.15% depending on the amount.
A lifetime's capital deserves
the best rate on the market.
Opening an account is free, 100% digital and takes just 5 minutes. Receive your 2nd and 3rd pillar on a nominative Swiss IBAN and repatriate your funds at the real rate (+ margin from 0.15%).✓ Zero opening fees · ✓ Affiliated with SO-FIT (SRO) · ✓ Data hosted in Switzerland