Overview
Yapeal, at a glance.
Yapeal is a swiss fintech licence (not a full bank) headquartered in Switzerland, regulated by FINMA. Business accounts cost from CHF 0 a month. Opening an account takes 3–5 days.
YAPEAL holds a Swiss fintech licence, not a full banking licence, so deposits are not insured. Customer CHF funds are held segregated at the Swiss National Bank or other banks and may not be invested.
Why businesses pick Yapeal
- A free plan, with no opening fee
- Swiss IBAN that can end in your company's name
- CHF and EUR accounts, with free SEPA payments on paid plans
- Up to 500 virtual and 200 physical Visa Debit cards on the top plan
- Accepts AG, GmbH, partnerships and registered sole proprietorships
Watch out for
- Only for companies domiciled and registered in Switzerland
- US persons cannot be beneficial owners
- No deposit insurance under the fintech licence
- SWIFT payments cost CHF 27.50 on the free plan and CHF 4 on the others
- Trusts, domiciliary companies, crypto, raw-materials and real-estate trading are not accepted
Business fit
Will Yapeal 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 Yapeal's published rules
Likely no
Yapeal does not list United Kingdom among the countries where it accepts companies.
Yapeal 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 Yapeal publishes about the businesses it takes on.
Who Yapeal serves
- Startups and SMEs
- IT and software
- Professional services
- Fund managers
Not supported
Industries and countries Yapeal does not accept, from its own published lists.
Industries
- Trade in rough gemstones or processing of precious metals and gemstones (e.g. trade in diamonds, gold, etc.)
- Trading in or activities in connection with virtual currencies or digital assets
- Exchange offices, unregulated money changers or gambling
- Offers in the field of adult entertainment and pornography including escort services
- Activities in the military industry (e.g. trade in weapons or armaments)
- Real estate or art trading (purchase and sale of own or third-party real estate and works of art such as paintings, sculptures, etc.)
- Church and other religious organizations (e.g. churches, mosques, temples)
- Trade in raw materials (e.g. fuels/crude oil, sugar, cotton, oilseeds, coffee or grain)
- Other business activities that, in YAPEAL's sole discretion, involve cash-like transactions or are outside YAPEAL's risk appetite
- Trusts, domiciliary companies, special purpose vehicles (SPV), non-operational foundations, non-profit organizations or associations not entered in the commercial register
Countries
- Not published
Coverage
Where can you use Yapeal?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
CHF and EUR
Payment reach
Not published
Who can apply
Company incorporation countries1 countries · show list
- Switzerland
Owner nationality
Not publishedOwner residency
Not publishedCompany types
AG and GmbH, Partnerships in the commercial register, Sole proprietorships in the commercial register, Operational foundations and registered associations, AG and GmbH being formed (capital deposit through Hoop)
Pricing
What does Yapeal 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
CHF 0–119
depends on plan
Free
Lowest costCHF 0 per month
CHF 0 setup · CHF 0 in year one
Essential
CHF 9 per month
CHF 0 setup · CHF 108 in year one
Grow
CHF 49 per month
CHF 0 setup · CHF 588 in year one
Business
CHF 119 per month
CHF 0 setup · CHF 1,428 in year one
Transaction fees
| Cost | Free | Essential | Grow | Business | How it is charged |
|---|---|---|---|---|---|
| Incoming | |||||
| SEPA | CHF 1 | Free | Free | Free | Fixed fee |
| SWIFT / international | CHF 4 | Free | Free | Free | Fixed fee |
| Outgoing | |||||
| SEPA | CHF 2 | Free | Free | Free | Fixed fee |
| SWIFT / international | CHF 27.5 | CHF 4 | CHF 4 | CHF 4 | Fixed fee |
| To another Yapeal account | CHF 0.3 | Free | Free | Free | Fixed fee · Swiss payments; 5 a month free on Free |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Card FX | Free | No charge · Visa rate passed on 1:1 |
| ATM withdrawal | CHF 2 | Fixed fee · CHF in Switzerland; EUR CHF 5, abroad 1.5% |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is YAPEAL a bank?
YAPEAL AG holds a FINMA fintech licence under Article 1b of the Swiss Banking Act, not a full banking licence. Deposits are not insured; client CHF funds are held segregated at the Swiss National Bank or other banks.
How much does YAPEAL cost?
Free costs nothing, Essential CHF 9 a month, Grow CHF 49 and Business CHF 119. SEPA payments are free on the paid plans; SWIFT payments cost CHF 4 (CHF 27.50 on Free).
Who can open a YAPEAL business account?
Companies domiciled in Switzerland and entered in the commercial register: AG, GmbH, partnerships, sole proprietorships, operational foundations and registered associations. US persons cannot be beneficial owners.
Which businesses does YAPEAL not accept?
Its terms list trade in rough gemstones and precious metals, virtual currencies, exchange offices and gambling, adult entertainment, military industry, real-estate and art trading, religious organisations, raw-materials trading, and trusts, domiciliary companies and SPVs.
Alternatives
How Yapeal compares.
If Yapeal is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 YapealThis pageSwiss fintech licence (not a full bank) |  | SwitzerlandEmployee cards |
 RelioFintech licence | | Foreign ownersComplex structures |
 AmnisPayment institution |  | FX specialistExpense cards |
 Wise BusinessE-money institution |   | Low FX costsStandard businesses |
 Revolut BusinessBank |  | Cards and spend controlsStartups and SMEs |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.