Frequently Asked Questions

Answers to common questions about accounts, payments,
cards, crypto and compliance.

Getting started

Who Can Open A SwissPayments Personal Account?

Residents who pass our KYC checks and meet our risk criteria can open a personal account online. We verify identity, address and tax residency in line with Swiss AML rules.

How Long Does It Take To Open An Account?

Account opening typically takes 1-3 business days once all required documents are submitted and verified.

Business accounts

Which Types Of Businesses Do You Support?

We support a wide range of business types including sole proprietorships, partnerships, and corporations that meet our compliance requirements.

Do You Offer Multi-Currency Business Accounts?

Yes, we offer multi-currency business accounts with competitive FX rates and transparent pricing.

Cards

Do You Offer Virtual Cards?

Yes, we offer both physical and virtual cards for personal and business accounts.

What Happens If My Card Is Lost Or Stolen?

You can immediately freeze your card through our app and request a replacement card at no additional cost.

Payments & FX

Which Countries Can I Send Money To?

You can send money to over 180 countries worldwide through our SWIFT and SEPA payment networks.

How Are Exchange Rates Calculated?

Our exchange rates are based on live interbank rates with a transparent markup clearly displayed before you confirm any transaction.

Crypto &
Stablecoins

Do You Support Crypto And Stablecoin Payments?

Yes, we support select stablecoins including USDC and USDT for deposits and payments, subject to compliance requirements.

What Regulations Apply To Your Crypto Services?

We operate under Swiss AML regulations and are supervised by SO-FIT as a financial intermediary for crypto asset services.

Are You A Crypto Exchange Or Investment Platform?

No, we are a payments platform that supports select stablecoins. We do not offer crypto trading or investment services.

Security &
Compliance

Are You A Bank?

No, SwissPayments is not a bank and does not hold a banking license. We are a financial intermediary supervised by SO-FIT.

How Is My Money Protected?

Client funds are held in segregated accounts with Swiss banking partners and are protected according to Swiss regulations.

How Do You Protect My Data?

We use encryption for data in transit and at rest, strong customer authentication, and regular security audits to protect your information.

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