Zak

Zak is a free neobank operated by Bank Cler, one of Switzerland's established retail banks. Account opening completes entirely on your phone in 10 minutes, and there are no monthly fees or minimum balance requirements. It provides a Swiss IBAN and modern banking features like real-time transaction notifications, budgeting tools, and fee-free payments across the Swiss network.

Zak works well for newcomers who need a quick, no-nonsense account without complexity or cost. It's ideal if you're just arrived and want to receive your first paycheck while you decide on a larger banking relationship. The Bank Cler backing gives it stability beyond typical fintech offerings, though it's simpler than a full-service bank and won't offer investment products or mortgage lending.