konversi_timezone(17 Oct 2023 21:31, America/New_York, 'full date') Swissquote Advancing into Digital Banking Business - Swissquote Broker News
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Swissquote Advancing into Digital Banking Business - Swissquote Broker News



Oct 17, 2023  
Swissquote presents two daily banking packages, Bright and Light, to allow customers to access digital banking services.

To meet growing market demand, Swissquote has expanded its offering into digital banking by launching two daily banking packages, Bright and Light. It highlights the wide range of payment options supported by banking packages and cashback offers.

According to the official website, both packages include comprehensive daily banking services with multi-currency debit cards and crypto via Mastercard. To access the Bright plan, users must pay a monthly fee of CHF 6.9 after the first six months of free service. Meanwhile, the Light Package only offers a virtual debit card with a free option but allows customers to access all digital banking services.

Swissquote Sales and Marketing Director Jan de Schepper commented, "The new banking and debit card combines the most requested payment features with our innovative trade credit cashback program. Payments are as secure as ever, but can be made anytime, anywhere, without a physical wallet."

In addition, the Bright Package provides free transactions in 13 currencies and 5 ATM withdrawals at no charge per month. Moreover, the Mastercard debit card has access to payment in Bitcoin, Ethereum, and Ripple, with Swissquote planning to add more cryptocurrencies.

After a transaction, Swissquote digital banking users will receive customer credit to transact at lower fees. Transaction credits vary by account level. 0.5 per cent for regular card payments and 1 per cent for Bright payments. Meanwhile, Light users receive 0.25% on regular card payments and 0.5% on cryptocurrency payments.


2.09/5

Established : 1996
Location :
Regulation :
Min Deposit : $1000
Leverage : 1:100

Jadih Ruth

Sep 7 2020

Live chat support - terrible. The guy there doesn't know much, plus their policy on not helping people over the chat is also terrible. They can't help you with almost anything over the chat. Typical response you get is- send email to support@swissquote.ch and they will be able to help you. Even when you are asking about very basic stuff, like informations about their products. And when you send email, you will wait 3-4 days for response.

Basalamah

Sep 6 2020

They (or their payment vendors) charge high fees, like 2% just for deposit. Only free option is bank wire transfer. You also pay for withdrawals $20 for each withdrawal. So you lost money (and time) with this broker before you even made your first trade. Spreads - Terrible. Double the standard spreads of other popular brokers on all instruments at all times.

Michael

Sep 5 2020

Stay away from this low quality market maker. Account opening - pain in the ass. Too complicated and long process. First you have to either speak with them on cam chat, or send them your documents by mail. Then pain in the ass starts by trying to actually log in to your account. Their chat shuts down when you swith pages on their website, so the support cannot navigate you throughout this process. I spent 1 hour on the phone...

Charles Martel

Sep 4 2020

When I tried to open an account, I had to do a video identification, which is fine, but at first it would not connect, then they were to busy. When I finally got connected, I was interacting with someone that spoke English like a 2 year old. After which I was email personal questions that I would never answer, I reply that I would not answer these ridiculous questions and that I was declining them.

Jack

Sep 3 2020

Before I had even finished opening my account I had a very rude phone call from a man trying to get me to finish opening my account or something. Was not feeling comfortable so tried to end the conversation instead was told if I could not deposit £1000 pounds right then I may aswell not open the account, or something along those lines his English wasn't great. Amazing the lack of good customer service.
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Rating
2.09/5
2.09/5
Established 1996 2014
Min Deposit $1000 $100
Max Leverage 1:100 1:500
Website Visit Visit