Product characteristics of Youth savings account (Raiffeisen)


Requirements
  • Persons younger than 20 years
Charges and fees
  • Account management per month: free of charge
  • Account opening/account balancing: free of charge/CHF 15.00
  • Electronic banking: free of charge
  • Withdrawal possibility: up to CHF 20,000 within 30 days; from CHF 20,000 termination period of 3 months
  • Statement of account: available online anytime only upon client request: CHF 0.50 monthly / document on paper
  • Closing of the account: as of 31/12 for tax declaration, free of charge
  • Debit interest in case of negative credit balance: 10.0 %