crypto friendly bank
UBS
Headquarters: Zurich, Switzerland • Founded: 1940
About UBS
UBS is ranked #20 in the list of largest global banks by assets under management. It serves retail and corporate clients worldwide, offering standard commercial banking, wealth management, and capital markets access. Regarding digital assets, its stance is crypto-friendly, offering integrations with major exchanges and custodians.
Regulations & Trust Profile
Banking License Type
commercial bank license
Licensed/Regulated By
Switzerland Central Bank
MiCA Compliant (EU)
No / N/A
Deposit Insurance
Switzerland Deposit Insurance (up to $100,000)
Supported Services & Assets
Fees & Pricing
Account Monthly Fee
$10/mo
Crypto Trading Fee
1.5%
Wire Transfer Fee
$15
Crypto Withdrawal Fee
$5
Pricing Notes: Crypto services may require external account linking.
Pros
- Huge liquidity
- Global network
- FDIC/local deposit protection
Cons
- Rigid traditional structure
- No direct custody of crypto assets
Frequently Asked Questions
Is UBS safe for crypto?
Is UBS FDIC insured?
Yes, standard cash deposits are insured under the Switzerland Deposit Insurance scheme up to $100,000 or local equivalents. However, government deposit insurance schemes do not cover cryptocurrency holdings.
Does UBS support business accounts?
Yes, UBS supports corporate and business accounts. Startup and business verification is subject to standard AML and company registration checks.
What countries does UBS operate in?
UBS operates primarily in Switzerland, and supports international clients from CH.
What are UBS's crypto fees?
Monthly account fees are $10. Crypto trading fees are 1.5%.
Can I send crypto directly from UBS?
No, UBS only supports fiat bank transfers and does not support on-chain cryptocurrency withdrawals.