Is Penta available for business in Switzerland?

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson
Availability

Penta for business in Switzerland: Not available

Key eligibility
Not applicable. The Penta brand was retired in early 2024 and no longer operates as its own product
Non resident position
A Switzerland registered business cannot open Penta. Even when active, Penta served businesses in Germany
Local currency support
No Swiss franc account. Penta was a euro based German business account
Headline monthly fee
Not applicable for a Switzerland registered business
Availability and fees as of 30 May 2026Last reviewed 30 May 2026

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

Not available. As of 30 May 2026, Penta no longer operates as its own product. Penta was a German business banking service that offered euro business accounts to companies in Germany, and its standalone brand was retired in early 2024 after it was absorbed into another European business banking group. It never served Switzerland, so a company registered in Switzerland cannot open Penta. Verify the current position with the provider.

Does Penta serve business customers in Switzerland?

No. Penta was a digital business banking provider focused on Germany, offering euro business accounts, cards and bookkeeping tools to companies registered there. It was absorbed into a larger European business banking group, its customers were moved onto that platform, and the Penta brand was retired in early 2024. Penta did not open accounts for companies registered in Switzerland at any point, and the brand no longer operates as its own service. A Swiss company therefore cannot open Penta. As of 30 May 2026, confirm the current position with the provider.

Eligibility for businesses in Switzerland

There is no eligibility route because Penta is no longer offered and never covered Switzerland. When active, Penta required a business registered in Germany, which a Switzerland registered company would not satisfy. As of 30 May 2026. Verify with the provider

What it costs locally

There is no local Switzerland pricing because Penta is no longer offered as its own product and never served Switzerland registered businesses. Its former plans applied to the German market and were quoted in euros. As of 30 May 2026. As of 30 May 2026

What local users report

Swiss businesses cannot use Penta because the brand has been retired and never covered Switzerland. Former users were German businesses that were moved onto the successor platform. A Swiss company should consider providers that accept Switzerland registered businesses. As of 30 May 2026, confirm the current position with the provider.

Penta does not serve business customers registered in Switzerland as of 30 May 2026. Its standalone brand was retired in early 2024 and it never covered Switzerland. Verify directly with the provider. Providers confirmed available in Switzerland are listed on the Switzerland country guide.

Questions about Penta in Switzerland

Is Penta available for business in Switzerland?
Not available. As of 30 May 2026, Penta no longer operates as its own product. The Penta brand was a German business banking service that was retired in early 2024 after it was absorbed into another European business banking group, and it never served Switzerland. Verify the current position with the provider. This is general information, not advice.
Does Penta still exist?
Not as a standalone brand. Penta was a German business banking provider whose customers were moved onto another European business banking platform, and the Penta name was retired in early 2024. As of 30 May 2026, confirm the current position with the provider.
Could a Swiss company ever open Penta?
No. Even when active, Penta served businesses in Germany and did not open accounts for companies registered in Switzerland. As of 30 May 2026, verify with the provider.
What are the alternatives to Penta in Switzerland?
Providers confirmed to serve business customers in Switzerland are listed on the Switzerland country guide, including domestic banks and cross border payment providers. As of 30 May 2026, verify current terms with each provider.

Availability, fees, and eligibility change. This page was last reviewed on 30 May 2026. Confirm the current position with Penta before applying.

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