Swiss Euro Accounts Comparison Launched
The interest rates for Euro accounts at Swiss banks can now be compared on Nexano.
Why a Euro Account at a Swiss Bank?
A Euro account is a bank account that is held in EUR instead of CHF. This allows deposits and withdrawals to be made directly in euros without the need for conversion. It works basically like a normal account, with the difference that the account balance and all transactions are made in euros.
Although Switzerland is not part of the Eurozone, many private individuals and companies regularly deal with the euro, for example through: online shopping or travel in the euro area, salary from abroad, rental income from EU countries, payments to EU suppliers, etc. A Euro account can help to avoid exchange rate losses and reduce fees, for example for SEPA payments.
Interest Rate Situation Disappointing, with one Exception
The interest comparison on Nexano for Euro accounts provides daily data from around 50 Swiss banks. As of the cut-off date of October 14, 2025, exactly two Swiss banks still offer interest on their Euro accounts. On the one hand, this is BBO Bank Brienz Oberhasli, with an interest rate of 0.010%. The conditions at Radicant Bank are much more interesting. Here there is a whole 0.5% interest on the euro balance in the free bank account. Radicant is a Swiss neobank with a Swiss banking license. The subsidiary of the Basellandschaftliche Kantonalbank (BLKB) is currently looking for a new owner, as BLKB decided to withdraw from Radicant a few days ago.
Link: Interest rate comparison for Euro accounts at Swiss banks
