Most Swiss retail bank accounts offer interest close to 0%. This means that your money just lies there and does not grow. Switzerland has maintained a very low interest rate environment for years.

If you deposit a large amount, some banks charge you for keeping the money. This is called negative interest rate. Instead of earning interest, you have to pay custody fees every year.

People do not deposit money in Swiss banks to earn interest. Actually, money is spent here for privacy, political stability, asset protection and long-term security.

High net worth clients can use customized investment portfolios. However, these returns depend on the stock market and global financial performance. These have nothing to do with fixed interest.

After converting Rs 10 lakh into Swiss Franc, keeping it untouched for 5 years at zero percent interest means it will remain the same amount in CHF terms. If negative interest is applied then this amount may reduce slightly every year.

The value of your money after 5 years largely depends on the INR to CHF exchange rate. Even if your balance in Switzerland remains the same, the value of rupee may increase or decrease due to currency fluctuations, but this will have nothing to do with bank interest. Let us tell you that people use Swiss account for international business, global investment or legal tax planning and not for increasing savings.