GLKB Glarner Set

Standard banking package for individuals

General information:

Banking package of Glarner Kantonalbank (GLKB). Provides customers with private account, savings account, Debit Mastercard, online and mobile banking. Credit cards also available.

Age:

For individuals from the age of 25.

Currencies:

CHF

Package / account management fee:

For customers exclusively using online banking, the account management costs CHF 48.00 per year.
For others, the account management costs CHF 60.00 per year.

Private account interest rate:

0% per year.

Account opening:

The account opening is free of charge.

Closing of account:

The closing of account is free of charge.

Annual account closure:

The annual account closure is free of charge.

Statements of account:

The monthly statements of account by mail are subject to charges.

Incoming payment:

Incoming payment in CHF are free of charge.

Outgoing payment (Switzerland):

Electronic payment orders in CHF are free of charge.

SEPA payment:

Electronic SEPA payment orders in EUR are free of charge.

Non-SEPA payment (abroad):

Fee of CHF 10.00 per electronic non-SEPA payment order in foreign currency.

Direct debit (LSV) Switzerland:

Electronic payment orders by direct debit (LSV) within Switzerland are free of charge.

Standing order Switzerland:

Electronic standing orders in CHF within Switzerland are free charge.

Annual fee debit card:

Debit card: There is no annual fee to pay.

Purchase Switzerland:

Debit card: Purchases in Switzerland in CHF are free of charge.

Purchase abroad:

Debit card: For purchases in foreign currencies, there is a fee of 1.75% of the purchase amount with a maximum of CHF 1.50.

Cash withdrawal Switzerland:

Debit card:
Cash withdrawals in CHF at ATMs of the same bank in Switzerland are free of charge.
For cash withdrawals in CHF at ATMs of other banks in Switzerland, there is a fee of CHF 2.00 per withdrawal.

Cash withdrawal abroad:

Debit card:
Per cash withdrawal abroad, there is a fee of 0.8% of the amount with a minimum of CHF 5.00.

Savings account interest rate:

Up to CHF 50,000: 0.2% per year.
From CHF 50,000: 0.1% per year.

Savings account
withdrawals:

Withdrawals up to CHF 20,000.00 per month are allowed without notice. There is a notice period of one month for higher amounts.

Credit card:

Different credit cards available, for instance Glarner credit card, Mastercard Silber / Visa Classic: CHF 5 per month.

Credit card
Purchase abroad in foreign curency:

For purchases abroad or online in foreign currencies there is an administrative fee of 1.75% of the purchase amount.

Reward program:

Various discounts.