Can I open a bank account in Switzerland if I do not live in Switzerland?

I do not live in Switzerland but would like to open a Swiss bank account in Swiss francs to protect my wealth from inflation (my country of residence has runaway inflation rates). Obviously I will legally export my wealth and pay taxes in my country of residence, but for ease of international transactions and inflation-protection, a Swiss bank account would be ideal. I know opening an account in Switzerland is not as easy as it once way, but is it still possible for non-residents to open Swiss bank accounts. Does anyone have experience with this?

Assuming you are not a Swiss citizen, opening an account in Switzerland is now difficult at best and impossible at worst. Your nationality, country of residence and the amount you want to deposit all play a role in determining the level of difficulty. Although Swiss law does not place any restrictions on non-resident foreigners opening bank accounts, the laws of your country of citizenship or residence may prohibit you from doing so. You can find more information in this guide to opening Swiss bank accounts.

In every case, you should pay attention to non-resident fees (most Swiss banks charge these). You can find more information in the guide to non-resident fees charged by Swiss banks.

Some Swiss neobanks now accept customers who are residents of neighboring countries. Some only accept cross-border workers who work in Switzerland. Others accept other customers as well. You can find an overview in the guide to Swiss bank fees for non-residents.