UBS key4 business

Online account for SMEs and startups
Free for the first year

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Business type:

SME, Startup

Currency:

CHF, USD, EUR

Requirements:

For businesses: small and medium-sized enterprises (SMEs) and startups.

Interest rate:

0% per year.

Debit interest on overdrafts:

The interest rate is variable and can be adjusted at any time to current conditions on the money and capital markets.

Withdrawals:

No withdrawal restrictions.

Credit cards:

UBS Business Prepaid Card: first year free of charge, subsequent years CHF 50 per year.
UBS Business Card: first year free of charge, subsequent years CHF 70 per year.

Capital payment:

The capital deposit account is free of charge in the 1st year. Generally free for startups. Otherwise: Nonrecurring fee of capital payment account for GmbH or AG: if an account at UBS is opened after the payment: 0.05%, mininum of CHF 200, maximum of CHF 5000. Mininium of CHF 1000 if capital does not remain with UBS after payment is completed. Free of charge if an account at UBS is openend.

Account management costs:

Account opening: free of charge.
Account management costs: CHF 20 per quarter (free of charge in the first year).
Close-out of account: free of charge.
Statements of account: monthly, either by post (with postal fees) or electronically via online banking (free of charge).
Account closure: Either by post or electronically via online banking (free of charge, quarterly).

Payment transaction costs:

Incoming payment (Switzerland): free of charge.
Electronic payment order (Switzerland): free of charge.
Electronic payment order (abroad): SEPA payments in Euro free of charge; other currencies CHF 5 per payment.
Non-electronic payment order: depending on order type.
Permanent order: Execution (Switzerland in CHF or EUR): free of charge.
Payment by direct debit (LSV+): free of charge.
Above 500 transactions per month (CHF, EUR): CHF 0.30 per out-going payment and CHF 0.20 per incoming payment.
Special conditions for foreign currency payments (valid for 12 months): 0.85% margin for payments in foreign currencies.

Purchases:

Debit Mastercard: CHF 50 per year (or Visa Debit: CHF 50).
First year free of charge.
Purchases in Switzerland in CHF: free of charge.
Purchases in foreign currencies and abroad: 2%, at least CHF 1.00 in addition to foreign exchange rates.

Cash withdrawals:

Cash withdrawal at ATMs of UBS: free of charge.
Cash withdrawal at ATMs of other banks in CHF: CHF 2 per withdrawal.
Cash withdrawal abroad: CHF 5 in addition to foreign exchange rates.

Special services:

Debit Mastercard, Visa Debit, Mobile banking, Online banking, Credit card, Startup advisory, Succession planning

Software:

Not specified.

General information:

Online company account for SMEs and startups.
The business account, debit or prepaid card and capital deposit account are also free of charge in the second year if the customer within 12 months after opening the bank package takes out SME insurance with Zurich.