No. A deposit is only possible in CHF. Our system has nothing to do with the complementary currency WIR. The payout is also always made in CHF.
No. Deposits and withdrawals are free of charge on our part.
No. With VIAC, only one vested benefits relationship can be maintained. It is not permitted to manage two accounts with the same vested benefits institution.
Yes, you can transfer your money to another vested benefits foundation at any time, subject to notice. It is not possible to transfer this amount to private assets to cover the daily needs of life before reaching the normal retirement age. However, the law provides certain exceptions in which the money can be withdrawn earlier. Early withdrawals are possible, among other things, for purchases of owner-occupied residential property, value-added investments or repayment of the mortgage on owner-occupied residential property. Those who set up their own business or emigrate from Switzerland can also withdraw the money. Under certain conditions, disability may also entitle the holder to claim vested benefits assets early.
If your vested benefits assets are transferred from your previous pension institution (vested benefits foundation or pension fund), this pension institution will send us a withdrawal statement showing the allocation of the mandatory/extra-mandatory assets. When your assets are received, they are parked in your personal transitory account and earn interest. As soon as we can make the allocation on the basis of the withdrawal statement, the transitory account will be closed and your vested benefits assets will be allocated to the "Mandatory" and "Extra-Mandatory" segments. Only after allocation will your vested benefits assets be invested in the selected strategies (a separate strategy can be defined for each segment) with the next monthly rebalancing. Rebalancing takes place on the first trading day of each month.
No. Only existing vested benefits assets or assets from the pension fund (2nd pillar) may be transferred.
After you have completed the opening process, you will enter your personal VIAC Cockpit. There you click on the navigation element "Transfer" on the left and can generate your ready-made transfer order. All you need to do is print it out, complete it with the details of your existing pension institution and the previous insurance or contract number, sign it and send it to WIR Bank's vested benefits foundation. After checking your order, we will send the form to the corresponding pension institution.
After you have completed the opening process, you will enter your personal VIAC Cockpit. There you click on the navigation element "Transfer" on the left and can generate your ready-made transfer order. All you need to do is print it out, complete it with the details of your existing pension fund / vested benefits foundation and the previous insurance or contract number, sign it and send it to Vested benefits foundation of WIR Bank, Team VIAC, Auberg 1, 4002 Basel.