Is Novo available for business in Switzerland?

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson · Last reviewed 20 April 2026
Availability

Novo for business in Switzerland: Not available

Why
Novo requires a business registered in the United States and states that it does not serve international businesses. A company registered in Switzerland is not eligible.
Requirements
A registered US business and, for the applicant, a US Social Security number and a US address are generally needed.
Where it serves
The United States, excluding US territories
Operates in
US dollars, with a US business checking account
Availability as of 20 April 2026Last reviewed 20 April 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Not available. As of 20 April 2026, a business registered in Switzerland cannot open a Novo account. Novo requires a business registered in the United States and states that it does not serve international businesses or US territories, and applicants generally need a US Social Security number and a US address. A standalone Swiss company does not qualify.

Does Novo serve business customers in Switzerland?

No. Novo is a US business banking platform that provides business checking through a US partner bank. Its accounts are for businesses registered in the United States, such as LLCs, corporations, sole proprietorships, partnerships and nonprofits, and Novo states plainly that it does not serve international businesses. A company that exists only in Switzerland is not US registered, so there is no onboarding path. As of 20 April 2026.

Why a Swiss company is not eligible

The block is explicit rather than a temporary limit. Novo requires a US registered business and, for the applicant, a US Social Security number, a US address and a US mobile number on a major carrier. Because a Swiss registered business has no US registration and its owners are typically resident in Switzerland, it cannot satisfy these conditions. A separate US entity in your group could be assessed on its own facts, which is a different applicant from your Swiss company. Verify with the provider

What Novo is built for

Novo is aimed at US small businesses and freelancers that want fee light online business checking with invoicing and integrations. That focus is the reason it does not extend to companies outside the United States. If your group runs a US entity, that entity could apply on its own terms, but that does not make Novo available to your Swiss business. As of 20 April 2026

Alternatives that serve businesses in Switzerland

Because Novo is not available to a Swiss registered company, a business in Switzerland would look elsewhere. The right fit depends on whether you need local Swiss franc operations, multi currency collection and payments, or card and spend management. Confirm current availability and terms with each provider before applying, as of 20 April 2026.

Questions about Novo in Switzerland

Is Novo available for business in Switzerland?
Not available. As of 20 April 2026, a business registered in Switzerland cannot open a Novo account, because Novo requires a business registered in the United States and states that it does not serve international businesses or US territories. A company registered in Switzerland does not meet that requirement. Verify the current position with Novo.
Why can a Swiss company not open Novo?
Novo is a US business banking platform. It requires a registered US business such as an LLC, corporation, sole proprietorship, partnership or nonprofit, and applicants generally need a US Social Security number and a US address. Novo states that it does not serve international businesses. A company that exists only in Switzerland cannot meet these conditions, so it cannot onboard. Confirm the current eligibility with Novo, as of 20 April 2026.
Does Novo serve international businesses?
Novo states that it currently does not serve international businesses or US territories and requires a business registered in the United States. That excludes a company registered in Switzerland. If you have a separate US registered entity, that entity is a different applicant with its own requirements, so confirm directly with Novo, as of 20 April 2026.
What can a Swiss business use instead of Novo?
A business in Switzerland can look at Swiss domestic banks and at licensed multi currency account providers that serve Switzerland for cross border payments and cards. The right choice depends on whether you need local Swiss franc operations, multi currency collection, or card and spend management. Confirm current availability and terms with each provider, as of 20 April 2026.

Availability, fees, and eligibility change. This page was last reviewed on 20 April 2026. Confirm the current position with Novo before applying.

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