Union Bancaire Privée (UBP)
Marcus Altenburg, Published
Union Bancaire Privée (UBP) is a private bank based in Geneva, founded in 1969. It works with international clients, so a non-resident can open an account here when the source-of-funds file is clean. As a private bank, it typically expects a private-banking relationship, commonly from CHF 500,000 upward — as of June 2026, and not a published per-bank figure.
About Union Bancaire Privée (UBP)
Private and institutional clients worldwide, with wealth managers across many countries.
| Type | Private bank |
|---|---|
| Head office | Geneva |
| Founded | 1969 |
| Legal name | Union Bancaire Privée, UBP SA |
| Assets | CHF 171.7 billion (as of June 2025) |
| Service languages | English, French, German |
| Non-residents | Accepts international clients |
- One of the largest family-owned private banks in Switzerland.
- Founded in 1969 by Edgar de Picciotto; owned by the de Picciotto family.
Opening an account at Union Bancaire Privée (UBP) as a non-resident
Union Bancaire Privée (UBP) assesses each non-resident applicant on source of wealth, source of funds and risk profile, and runs an English-language service for international clients. The decisive factor is a documented source of funds, not nationality. Assemble the evidence (tax returns, sale or employment records, a clear paper trail) before you approach the bank. Our guide to opening a Swiss bank account sets out the full document list and the timeline.
Is Union Bancaire Privée (UBP) a fit for a non-resident?
As a private bank, Union Bancaire Privée (UBP) is built for substantial, advised relationships rather than a simple transactional account. It suits a non-resident with investable assets who wants wealth management alongside banking and can meet a private-banking entry level.
If you would rather have this handled than explained, we prepare the source-of-funds file and introduce you to a suitable bank, and we can incorporate the company an account often sits behind. You can also compare Union Bancaire Privée (UBP) with 35 other Swiss banks.
Official website: Union Bancaire Privée (UBP).
Same segment
Other private banks for non-residents
FAQ
Frequently asked questions.
01Can a non-resident open an account at Union Bancaire Privée (UBP)?
Yes. Union Bancaire Privée (UBP) is a private bank in Geneva that works with international clients. As with any Swiss bank, approval turns on a documented source of funds and the bank's own onboarding checks, not on nationality alone.
02What kind of bank is Union Bancaire Privée (UBP)?
Union Bancaire Privée (UBP) is a private bank, founded in 1969, based in Geneva. One of the largest family-owned private banks in Switzerland.
03What is the minimum to bank with Union Bancaire Privée (UBP)?
There is no published per-bank minimum. As a private bank, Union Bancaire Privée (UBP) typically expects a private-banking relationship, commonly from CHF 500,000 upward. The realistic entry point depends on the relationship rather than a fixed rule (as of June 2026).
04Does Union Bancaire Privée (UBP) serve clients in English?
Yes. Union Bancaire Privée (UBP) runs an English-language service alongside French, German, so a non-resident can be onboarded and advised in English.
Discuss your matter.
A thirty-minute confidential conversation, in any of our five working languages. No fee, no obligation, no boilerplate.