Overview
Description
Yuh is a Swiss all-in-one mobile finance app created by Swissquote and PostFinance, offering everyday banking, multi-currency accounts, savings, pillar 3a pension, and fractional investing.
General Info
Address
Chemin de la Crétaux 33, 1196 Gland, Switzerland
Phone number
Identification number
CHE-108.629.986
CEO
Jan de Schepper
COB
Jan de Schepper
Email
info@yuh.com
Full name
Swissquote Bank SA
Name
Yuh
Website
SWIFT code
SWQBCHZZXXX
Year of foundation
2021
Overview
Crypto-Friendly
Risk
Low risk
Commissions
Low
Mobile App
iOS, Android
Supported languages
Malayalam, Maori, Tongan, Turkish
International Transfers
SEPA, SEPA / SEPA Instant, CHAPS Transfers, Faster Payments
Authorities
NFA, MFSA, FSA
Regulators
BSP, BDL
Country of registration
Curaçao
Business focus
Investments, Deposits
Card/Payment Scheme
Mastercard, UnionPay, Visa
License type
Investment Banks, Credit Unions
Account Currency
ZAR, DZD, HNL, SSP
AML Tolerance
Medium-Low
Products
Payment Cards - Debit
CBDC
Cryptoprocessing
Investments
Loans - Car loans
Loans - Consumer loans
Loans - Microloans
Loans - Mortgage loans
Loans - Student loans
Payment Cards - CashbackCard
Payment Cards - Credit
Payment Cards - Crypto
Payment Cards - Prepaid
Payment Cards - Travel
SEPA
SWIFT
Savings accounts
Staking
Time Deposits
Trading accounts
Features
ATM support
Acquiring bank
Cryptocurrency exchange
Cryptopayments
Expense Management Tools
Overdrafts
Personal Manager
Servicing of Individuals
Servicing of Legal entities
Area served
Africa
Namibia, Madagascar, Liberia, Ghana
Asia
Jordan, China, Brunei
Australia and Oceania
Tuvalu, Nauru, Fiji
Europe
Slovakia, Finland
North America
Grenada, Cuba, Bahamas
South America
Brazil, Uruguay
Pros & Cons
Pros
Crypto-Friendly Policy. Favorable stance on cryptocurrency transactions, with no account freezes for P2P transfers and exchange transactions
High Savings APY. High interest rates on savings accounts and deposits
Cons
Hidden Fees & Commissions. Presence of non-obvious fees (for bank statements, account inactivity, SMS alerts, etc.)
Low Interest Rates on Deposits. Extremely low, near-zero interest rates on deposits and savings accounts
Strict Crypto Restrictions. Strict policy regarding cryptocurrencies: account freezes for transactions related to crypto or P2P
