Overview
Dukascopy Bank, at a glance.
Dukascopy Bank is a bank headquartered in Switzerland, regulated by FINMA, Latvijas Banka, Kanto Finance Bureau. Business accounts cost €1 a month. Opening an account takes 3–5 days. Non-residents are accepted: owners and directors do not need to live in the country where the company is registered.
Deposits are protected under Swiss law up to CHF 100,000 per client.
Why businesses pick Dukascopy Bank
- A Swiss bank account with deposit protection up to CHF 100,000
- Accepts non-residents: owners and directors can live in a different country from the company
- Opened online, with identification by video
- SEPA payments cost €2.30 and payments outside SEPA €20
- Accounts for regulated brokers, e-money and payment companies
Watch out for
- Companies and owners from the United States, Japan, Russia and 12 other countries are refused
- Cards come from several partner programmes, each with its own fees
- The list of 24 currencies is not published
- The standard exchange rate adds 0.5%; the 0.03% rate is for corporate volumes
Business fit
Will Dukascopy Bank accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Dukascopy Bank's published rules
Likely fit
Dukascopy Bank lists both United Kingdom companies and Regulated brokers as accepted.
Dukascopy Bank does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Dukascopy Bank publishes about the businesses it takes on.
Who Dukascopy Bank serves
- Financial institutions
- Forex
- Freelancers
- Startups and SMEs
All 6 industries on Dukascopy Bank's accepted list
- Regulated brokers
- Electronic-money institutions
- Payment service providers
- Institutional investors
- Freelancers and small businesses
- Corporate treasury and API users
Not supported
Industries and countries Dukascopy Bank does not accept, from its own published lists.
Industries
- Not published
Countries
- Afghanistan · owners
- Belarus · owners
- Cuba · owners
- Comoros · owners
- Iran · owners
- Japan · owners
- Myanmar (Burma) · owners
- North Korea · owners
- South Sudan · owners
- Sudan · owners
- Syria · owners
- Russia · owners
- United States · owners
- Venezuela · owners
- Yemen · owners
- Afghanistan · company or owners
- Belarus · company or owners
- Cuba · company or owners
- Comoros · company or owners
- Iran · company or owners
- Japan · company or owners
- Myanmar (Burma) · company or owners
- North Korea · company or owners
- South Sudan · company or owners
- Sudan · company or owners
- Syria · company or owners
- Russia · company or owners
- United States · company or owners
- Venezuela · company or owners
- Yemen · company or owners
Coverage
Where can you use Dukascopy Bank?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
24 currencies
Payment reach
Not published
Who can apply
Company incorporation countries235 countries · show list
- Åland Islands
- Albania
- Algeria
- American Samoa
- Andorra
- Angola
- Anguilla
- Antarctica
- Antigua & Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belgium
- Belize
- Benin
- Bermuda
- Bhutan
- Bolivia
- Bosnia & Herzegovina
- Botswana
- Bouvet Island
- Brazil
- British Indian Ocean Territory
- British Virgin Islands
- Brunei
- Bulgaria
- Burkina Faso
- Burundi
- Cambodia
- Cameroon
- Canada
- Cape Verde
- Caribbean Netherlands
- Cayman Islands
- Central African Republic
- Chad
- Chile
- China
- Christmas Island
- Cocos (Keeling) Islands
- Colombia
- Congo - Brazzaville
- Congo - Kinshasa
- Cook Islands
- Costa Rica
- Côte d’Ivoire
- Croatia
- Curaçao
- Cyprus
- Czechia
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Eritrea
- Estonia
- Eswatini
- Ethiopia
- Falkland Islands
- Faroe Islands
- Fiji
- Finland
- France
- French Guiana
- French Polynesia
- French Southern Territories
- Gabon
- Gambia
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guadeloupe
- Guam
- Guatemala
- Guernsey
- Guinea
- Guinea-Bissau
- Guyana
- Haiti
- Heard & McDonald Islands
- Honduras
- Hong Kong SAR China
- Hungary
- Iceland
- India
- Indonesia
- Iraq
- Ireland
- Isle of Man
- Israel
- Italy
- Jamaica
- Jersey
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lebanon
- Lesotho
- Liberia
- Libya
- Liechtenstein
- Lithuania
- Luxembourg
- Macao SAR China
- Madagascar
- Malawi
- Malaysia
- Maldives
- Mali
- Malta
- Marshall Islands
- Martinique
- Mauritania
- Mauritius
- Mayotte
- Mexico
- Micronesia
- Moldova
- Monaco
- Mongolia
- Montenegro
- Montserrat
- Morocco
- Mozambique
- Namibia
- Nauru
- Nepal
- Netherlands
- New Caledonia
- New Zealand
- Nicaragua
- Niger
- Nigeria
- Niue
- Norfolk Island
- North Macedonia
- Northern Mariana Islands
- Norway
- Oman
- Pakistan
- Palau
- Palestinian Territories
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Pitcairn Islands
- Poland
- Portugal
- Puerto Rico
- Qatar
- Réunion
- Romania
- Rwanda
- Samoa
- San Marino
- São Tomé & Príncipe
- Saudi Arabia
- Senegal
- Serbia
- Seychelles
- Sierra Leone
- Singapore
- Sint Maarten
- Slovakia
- Slovenia
- Solomon Islands
- Somalia
- South Africa
- South Georgia & South Sandwich Islands
- South Korea
- Spain
- Sri Lanka
- St. Barthélemy
- St. Helena
- St. Kitts & Nevis
- St. Lucia
- St. Martin
- St. Pierre & Miquelon
- St. Vincent & Grenadines
- Suriname
- Svalbard & Jan Mayen
- Sweden
- Switzerland
- Taiwan
- Tajikistan
- Tanzania
- Thailand
- Timor-Leste
- Togo
- Tokelau
- Tonga
- Trinidad & Tobago
- Tunisia
- Türkiye
- Turkmenistan
- Turks & Caicos Islands
- Tuvalu
- U.S. Outlying Islands
- U.S. Virgin Islands
- Uganda
- Ukraine
- United Arab Emirates
- United Kingdom
- Uruguay
- Uzbekistan
- Vanuatu
- Vatican City
- Vietnam
- Wallis & Futuna
- Western Sahara
- Zambia
- Zimbabwe
Owner nationality and residency235 countries · show list
- Åland Islands
- Albania
- Algeria
- American Samoa
- Andorra
- Angola
- Anguilla
- Antarctica
- Antigua & Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Austria
- Azerbaijan
- Bahamas
- Bahrain
- Bangladesh
- Barbados
- Belgium
- Belize
- Benin
- Bermuda
- Bhutan
- Bolivia
- Bosnia & Herzegovina
- Botswana
- Bouvet Island
- Brazil
- British Indian Ocean Territory
- British Virgin Islands
- Brunei
- Bulgaria
- Burkina Faso
- Burundi
- Cambodia
- Cameroon
- Canada
- Cape Verde
- Caribbean Netherlands
- Cayman Islands
- Central African Republic
- Chad
- Chile
- China
- Christmas Island
- Cocos (Keeling) Islands
- Colombia
- Congo - Brazzaville
- Congo - Kinshasa
- Cook Islands
- Costa Rica
- Côte d’Ivoire
- Croatia
- Curaçao
- Cyprus
- Czechia
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Eritrea
- Estonia
- Eswatini
- Ethiopia
- Falkland Islands
- Faroe Islands
- Fiji
- Finland
- France
- French Guiana
- French Polynesia
- French Southern Territories
- Gabon
- Gambia
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guadeloupe
- Guam
- Guatemala
- Guernsey
- Guinea
- Guinea-Bissau
- Guyana
- Haiti
- Heard & McDonald Islands
- Honduras
- Hong Kong SAR China
- Hungary
- Iceland
- India
- Indonesia
- Iraq
- Ireland
- Isle of Man
- Israel
- Italy
- Jamaica
- Jersey
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lebanon
- Lesotho
- Liberia
- Libya
- Liechtenstein
- Lithuania
- Luxembourg
- Macao SAR China
- Madagascar
- Malawi
- Malaysia
- Maldives
- Mali
- Malta
- Marshall Islands
- Martinique
- Mauritania
- Mauritius
- Mayotte
- Mexico
- Micronesia
- Moldova
- Monaco
- Mongolia
- Montenegro
- Montserrat
- Morocco
- Mozambique
- Namibia
- Nauru
- Nepal
- Netherlands
- New Caledonia
- New Zealand
- Nicaragua
- Niger
- Nigeria
- Niue
- Norfolk Island
- North Macedonia
- Northern Mariana Islands
- Norway
- Oman
- Pakistan
- Palau
- Palestinian Territories
- Panama
- Papua New Guinea
- Paraguay
- Peru
- Philippines
- Pitcairn Islands
- Poland
- Portugal
- Puerto Rico
- Qatar
- Réunion
- Romania
- Rwanda
- Samoa
- San Marino
- São Tomé & Príncipe
- Saudi Arabia
- Senegal
- Serbia
- Seychelles
- Sierra Leone
- Singapore
- Sint Maarten
- Slovakia
- Slovenia
- Solomon Islands
- Somalia
- South Africa
- South Georgia & South Sandwich Islands
- South Korea
- Spain
- Sri Lanka
- St. Barthélemy
- St. Helena
- St. Kitts & Nevis
- St. Lucia
- St. Martin
- St. Pierre & Miquelon
- St. Vincent & Grenadines
- Suriname
- Svalbard & Jan Mayen
- Sweden
- Switzerland
- Taiwan
- Tajikistan
- Tanzania
- Thailand
- Timor-Leste
- Togo
- Tokelau
- Tonga
- Trinidad & Tobago
- Tunisia
- Türkiye
- Turkmenistan
- Turks & Caicos Islands
- Tuvalu
- U.S. Outlying Islands
- U.S. Virgin Islands
- Uganda
- Ukraine
- United Arab Emirates
- United Kingdom
- Uruguay
- Uzbekistan
- Vanuatu
- Vatican City
- Vietnam
- Wallis & Futuna
- Western Sahara
- Zambia
- Zimbabwe
Company types
Limited companies, Freelancers and sole traders
Pricing
What does Dukascopy Bank cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Free
Monthly fee
€1
Multi-Currency Account
€1 per month
€0 setup · €12 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Outgoing | ||
| SEPA | €2.3 | Fixed fee |
| SWIFT / international | €20 | Fixed fee · CHF payments in Switzerland by SIX cost CHF 2.30 |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | From 0.03% | Percentage of the amount · Above the interbank rate for corporate accounts; the standard rate adds 0.5% |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Virtual card issue | CHF 9 | Fixed fee · Fees differ by card programme |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Online registration
Complete the registration form.
- 2
Video identification
Identify yourself by video call.
- 3
Company information
Send the company, beneficial owner and controlling person documents the bank asks for.
- 4
Account live
You receive access once compliance approves the account.
Documents you need
- ID document with MRZ/security features or certified copy
- Corporate identification documents
- Beneficial-owner identification
- Controlling-person identification
- Additional compliance information for corporate wires where requested
FAQ
Your questions, answered.
Is Dukascopy a bank?
Yes. Dukascopy Bank SA is a Swiss bank and securities firm supervised by FINMA. Deposits are protected under Swiss law up to CHF 100,000 per client.
How much does a Dukascopy business account cost?
The account is free to open and costs €1 a month, waived when you hold 5 DUK+ or the balance is zero. A SEPA payment costs €2.30 and a payment outside SEPA €20. Currency exchange costs from 0.03% above the interbank rate for corporate accounts.
Can non-residents open a Dukascopy account?
Yes. Dukascopy opens accounts for clients worldwide, apart from the countries it refuses.
Which countries does Dukascopy not accept?
Afghanistan, Belarus, Comoros, Cuba, Iran, Japan, Myanmar, North Korea, Russia, South Sudan, Sudan, Syria, the United States, Venezuela and Yemen.
Does Dukascopy offer cards?
Yes. Virtual and physical cards on Visa, Mastercard and UnionPay, issued through several partner programmes with their own fees.
Which payment networks does Dukascopy use?
SEPA for euro payments, SIX for Swiss franc payments in Switzerland, and SWIFT for international payments.
Alternatives
How Dukascopy Bank compares.
If Dukascopy Bank is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 Dukascopy BankThis pageBank |    | Swiss bank accountNon-residents accepted |
 CIM BanqueBank | | Swiss bank accountTrade services |
 Revolut BusinessBank |   | Cards and spend controlsStartups and SMEs |
 3S MoneyE-money institution |   | Local IBANsNon-residents accepted |
| JetonbankBank |  | Offshore bankNon-residents accepted |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.