SHKB Youth Package

Banking package for young people

General information:

Banking package of SHKB for young people. Provides customers with private account, savings account, Visa Debit, online and mobile banking. Credit or prepaid card also available.

Age:

For individuals between 10 and 20 years of age.

Currencies:

CHF

Package / account management fee:

The account management is free of charge.

Private account interest rate:

Up to CHF 25,000: 0.4% per year.
From CHF 25,000: 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 free of charge.

Incoming payment:

Incoming payment in CHF are free of charge.

Outgoing payment (Switzerland):

Electronic payment orders in CHF are free of charge.

SEPA payment:

Fee of CHF 0.30 per electronic SEPA payment order in EUR.

Non-SEPA payment (abroad):

Fee of CHF 4.00 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.

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 CHF 5.00.

Savings account interest rate:

Up to CHF 25,000: 0.8% per year.
From CHF 25,000 to CHF 100,000: 0.35% per year.
From CHF 100,000: 0.05% per year.

Savings account
withdrawals:

Withdrawals up to CHF 10,000 per month are allowed without notice. There is a notice period of 3 months for higher amounts.

Credit card:

Silver credit card (for persons above 18 years of age) or prepaid card free of charge.

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:

Discounts in the region around Schaffhausen. Free printing of semester or diploma essays.