Rent deposit account – The account for those who want to pay a rent deposit.
Do you rent an apartment, an office or other premises and have to pay a deposit? The rent deposit account serves your landlord to cover rent losses and damages.
The rent deposit account at a glance
- Interest is charged on the deposit amount
- Free account management
- Securing the rental deposit
Opening process
- Complete the first page of the contract (the other pages will be filled in automatically).
- Print the complete form set (pages 1–7) double-sided.
- Sign the three original copies of the contract (one copy is for the Bank, one for the tenant and one for the landlord).
- Send us the full form set (pages 1–7) to the address provided in the contract, and we will open the rent deposit account.
- When the account has been opened, we will return the original contract copies (with the addition of the account number) to the tenant and the landlord.
- The tenant can then pay in the deposit.
Closing process
- Complete page 7 of the contract (pages 1–6 are not required).
- Sign the form.
- Send the form to us at the address provided in the contract.
- We will close the rent deposit account and transfer the balance in accordance with the instructions.
Further information
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Currency |
CHF |
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Advice notes |
To both the Tenant and the Landlord |
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Account statement |
Once a year to the Tenant (also to Landlord on request) |
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Account balancing |
Annual |
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Withdrawals |
In accordance with "Rental agreement deposit" |
| Prerequisite | Rental property is located in Switzerland |
| Note | The rental agreement deposit sets out the contractual relationship between the rental parties and Zuger Kantonalbank. You will find the current version of the agreement on our website. For opening a rent deposit account, we only accept our own rental agreement deposit. We cannot accept, and will have to return, any agreements from other providers or older versions of our own agreement. |
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Rate of interest |
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Account opening |
Free of charge From 1 April 2021
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Account management |
Free of charge |
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Account statement |
Free of charge (CHF 10.00 per reproduced account statement) |
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Account balancing |
Free of charge |
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Postage |
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Account balancing |
CHF 20.00 |