Yuh Bank: The Best Bank Account for Non-Residents & Cross-border Workers in Switzerland
Yuh Bank is a Swiss neobank that lets you open a free account directly from your smartphone. Created by Swissquote and PostFinance, it is now fully owned by Swissquote.
Yuh remains an interesting option for cross-border workers who want an account with a Swiss IBAN. Unlike Neon Bank and ZAK Bank, which are reserved for Swiss residents, Yuh has also been available to certain non-residents.
At the moment, account opening is limited to residents of Switzerland, Austria and Liechtenstein. Yuh also plans a gradual reopening for Germany, France and Italy in the coming months.
A free bank account for non-residents and cross-border commuters in Switzerland
Yuh Bank is a Swiss mobile account, free
Yuh Bank aims at competing with other Swiss neobanks and also with N26 and Revolut.
Most of their services are free:
- Opening a Yuh bank account: Free
- Monthly maintenance: Free
- Transaction on 13 currencies: Free
- 1st debit card & delivery: Free
- Bank transfers in Switzerland in CHF and EUR: Free
- Bank transfers in Europe (SEPA) in EUR: Free
- Peer-to-peer payments: Free
But Yuh Bank apply a 0.95% fee on currency exchange, and they use the SwissQuote exchange rate.
If you want the best CHF to EUR exchange rate, you may have to Revolut Switzerland or Wise (TransferWise) instead.
YUH Promo Code: YUHNEO
Don't have a YUH account yet? Use our referral code to open your free YUH Bank account!
Use the promo code YUHNEO before May 31, 2026 to receive a bonus of 50 CHF in Trading Credits + 5 CHF (250 SWQ) for FREE 🙌
Get 55 CHF Free with YUH ➡️
How non-residents can open a bank account with Yuh
In our complete review of Yuh Bank, we explain in details how to open a fr bank account with Yuh Bank.
There are many questions during the opening process, but in the end it’s quite fast and an account can be opened in 20 minutes.
Account opening requirements with Yuh bank are:
- No need to provide proof of revenue
- No minimum deposit
- No minimum balance
Non-residents and cross-border commuters can definitely use Yuh Banque to receive their salary and make domestic bank transfers in Switzerland or to their account in Europe.
Yuh Bank: a multi-currency account in Switzerland
With you Yuh Bank account, you get a Swiss IBAN starting with CH.
The app sets your default currency based on your country of residence, For example: a French non-resident or cross-border commuter will have EURO as default currency.
It is then possible to change your default currency in the settings:
By default, 3 currencies are activated: EUR, CHF and USD, and it’s possible to open balances in 13 currencies: CHF – USD – EUR – GBP – JPY – AUD – CAD – SEK – HKD – NOK – DKK – AED – SGD
Countries of residence accepted by Yuh Bank
Opening a Yuh account is currently possible for residents of the following countries:
- Switzerland
- Austria
- Liechtenstein
Yuh has also indicated that it plans a gradual reopening for Germany, France and Italy in the coming months.
Yuh therefore remains an interesting option for cross-border workers and certain non-residents looking for a Swiss bank account.
If you are a cross-border worker looking for a Swiss bank, also check out our comparison article Yuh vs Revolut.
Is Yuh a Swiss bank?
Yuh is a joint venture launched by Swissquote and PostFinance. Yuh does not have a Bank status, but all financial services offered by Yuh are provided by Swissquote, that is authorised by FINMA (Swiss Financial Market Supervisory Authority). Customers and bank accounts are protected by Swiss laws up to 100’000 CHF in case of bankruptcy.
YUH Promo Code: YUHNEO
Don't have a YUH account yet? Use our referral code to open your free YUH Bank account!
Use the promo code YUHNEO before May 31, 2026 to receive a bonus of 50 CHF in Trading Credits + 5 CHF (250 SWQ) for FREE 🙌
Get 55 CHF Free with YUH ➡️
Philippe is the founder of Neo-banques.ch, a website specializing in the analysis of Swiss online banks and neobanks. For several years, he has been testing and comparing the main solutions on the market, including Yuh, Alpian, Neon, Zak, Wise, Revolut, and N26, for both personal and professional use. His approach is based on hands-on experience, fee analysis, feature comparison, and the overall quality of the day-to-day user experience.
if i open an account with you, will you inform my nation’s tax authorities?
All Swiss bank will comply with Automatic Exchange of Information.