(1) Individual:

Hold Swiss residence permit B, with a minimum deposit of 5,000 Swiss francs. The residence permit is valid for 5 months. After opening the account, CHF 500 will be frozen. If the student leaves Switzerland to continue using the account, there must be CHF 100,000 in the account.

Otherwise the account must be canceled and the bank will return the securities worth CHF 500. Regardless of nationality, if you hold a Swiss permanent residence permit C, you will have the same opening conditions as in Switzerland.

(2) Company:

1. Contact the bank in advance and make an appointment for account opening;

2. On the day of account opening, company directors must bring their ID cards and valid passes Or passport;

3. Domestic company’s business license, (the account holder is a legal person or shareholder) copy (if any);

4. Domestic company’s purchase and sales invoices and contracts , for bank reference (if any);

5. Deposit HKD 10,000 into the company account and HKD 10,000 into the private account;

6. Open a comprehensive Financial accounts include savings, checks, foreign currencies (10 types), online banking accounts and letter of credit accounts, and an ATM card is provided;

7. There are two bank passwords. The first set of passwords is sent to To the customer, the second set of passwords requires the customer to go to the bank in person to verify their identity before they can receive it;

8. A company seal may be required when handling, so it is best to bring it with you;

9 . The information submitted by overseas companies is the same as that of Hong Kong companies. When opening an account, a search fee will be deducted (deducted from the account);

10. The credit certificate can show the balance or not, but it must have a header. Person;

11. Signature witnessing can be done in Shenzhen, Shanghai or other overseas places, but it can only be done with the consent of the bank where the account is opened. This mainly depends on the strength or credibility of the account-opening company. Since this type of account opening is more complicated, you can check with us before opening an account.

12. UBS can open offshore bank accounts in Shanghai;

(3) UBS Hong Kong local or offshore account opening conditions:

1 . The company’s business registration certificate (company registration document)

2. Company registration certificate (Hong Kong company, bvi company or other overseas company)

3. Annual return form, first secretary And notice of director (company registration document)

4. Notice of change of secretary and director (company registration document)

5. Consent letter to serve as director (company registration document)

6. Memorandum of the company, articles of incorporation and any amended articles of association or relevant articles of association of the board of directors (company registration documents)

7. Issuance of account opening documents (CERTIFIED TRUE COPY) (Hong Kong accountant or Hong Kong lawyer)

8. Copies of identity documents (passport or ID card) of the company’s owners, directors attending the board of directors, authorized signatories and long-term address proof (provided by the customer)

9. Company ( Account opening form (provided by the account opening bank)

10. Account opening form (provided by the account opening bank)

11. Account authorization letter (provided by the customer or the account opening bank)

12. Seal card (Provided by the bank where the account is opened)

13. Letter of introduction and interview report (provided by the customer)

14. Company customer information sheet (provided by the customer)

15. Unit Basic information table (provided by the customer)

16. Company structure chart (provided by the customer)

17. Hong Kong mailing address (HKBSS will provide it to the customer after the company is registered)

18. Arrange an introducer

Extended information:

Business trade-offs

Simply entering the US market does not guarantee that a bank will be as successful as UBS The group is equally successful. Another key to the success of the UBS Group is its ability to advance and retreat in the business field, and to act in an appropriate manner.

The basic principle of UBS Group's industry choices is: enter business areas where it has comparative advantages and abandon businesses where it has comparative disadvantages; enter businesses with bright prospects and abandon businesses with uncertain prospects;

Enter businesses with complementary businesses and abandon overlapping businesses; enter businesses with low profits but stable returns, and abandon businesses that may be high-yield but definitely high-risk; expand agency business and reduce self-operated business; In the selection of private business, focus on the development of private business.

For the senior management of any bank, it is easier to enter certain businesses or implement certain acquisitions, but it is very difficult to voluntarily give up some early-stage businesses. The senior management of UBS Group is making business choices. Showed great courage.

First of all, UBS Group is the first major bank in the world that once owned a large amount of insurance business and took the initiative to withdraw from it. While many other banks are still keen to enter the insurance industry and implement omnipotence, UBS Group chose to exit voluntarily.

Second, UBS Group took the initiative to abandon high-yield securities and hedge fund investments, almost completely withdrawing from the areas that these two major investment banks were attracted to, and also significantly reduced its holdings in high-tech industries with excessive bubbles. shares, basically escaped the US stock market crash.

Third, UBS Group’s acquisitions are highly selective. When selecting suitable acquisition targets to implement acquisitions, integrate them into its own business. UBS Group acquired Paine Webber, focusing on its special status as a well-known American retail brokerage (Retail Brokerage).

Putt & Whitney is mainly known for its municipal bond underwriting (Municipal Bond Underwriting) and is the leader in the industry. However, although this business has a considerable market size, due to low profits, Pratt & Whitney is not interested in other companies. Banks do not have much appeal, and UBS Group's acquisition was not favored by most analysts at the initial stage.

UBS Group has identified Puhui because Puhui's business is closely related to Warburg's. There is almost no overlap in business and it is a highly complementary transaction. The acquisition allows it to gain new profit margins in the US market.

Analysts believe: "This transaction of UBS Group has good prospects in the future. It not only fills the gap in UBS Group's asset accumulation, but also helps banks through inclusiveness." Overall growth. Helps the UBS Group to build recognition and attract outstanding professionals.”

Since there are huge risks in self-operated business, but there are almost no risks in agency business, UBS Group has focused on agency business in recent years. In agency FX trading, UBS Group AG is now the world's largest FX dealer, handling approximately 12% of global trading volume, and UBS Group AG is also the largest U.S. equity trader, according to Thomson Financial Data, accounting for one-ninth of global transaction volume.

Reference: Swiss Bank-Baidu Encyclopedia