UBS Bank Services No Longer Available for Ex-Credit Suisse Clients: An Overview
"Hey there! Let's chat about some changes happening with two popular banks, Credit Suisse and UBS.
First off, Credit Suisse, also known as CS, had a super useful feature where you could chuck your spare change into one of their Bancomats located pretty much everywhere. The machine counted it automatically, credited it to your account for free, and voila! No more clunking around with coins.
Now, UBS, on the other hand, ain't got that same game going. You can't just feed your coins into an ATM anymore; instead, you gotta take 'em down to the branch and hand 'em over. They do this through an external service provider, counts the cash, credits it to your account after a few days, but it'll cost you at least 15 bucks as they got a 'service fee' for the hassle.
Another popular CS service on the chopping block? Their Cardless Cash feature. This bad boy let you create a QR code with your banking app to snag some hard cash without even using a card, even if you weren't a CS customer. But, just like their free coin deposits, they're cutting that service now.
Now, here's where things get interesting: While CS allows some customers to deposit coins at ATMs for free, it's a little murky with UBS - they don't seem to have that as an option in their search results. But fear not! There are other ways around it. For instance, you could go digital with TWINT and withdraw cash via Sonect partner stores using the app. Alternatively, you could still deposit coins at the bank branch, but UBS hasn't made that particularly clear yet.
Long story short, if you want to deposit those pesky coins, you might wanna ring up UBS to confirm the dealio!"
- Credit Suisse, or CS, previously had an additional function that automatically added your spare change deposited at Bancomats to your account without charge.
- UBS does not offer the automatic coin deposit function at their ATMs; instead, you need to take the coins to a branch and pay a service fee for the service.
- An additional service that Credit Suisse is reportedly discontinuing is the Cardless Cash feature, which allowed customers to create a QR code for cash withdrawal even if they weren't CS customers.
- Despite UBS not appearing to offer coin deposit options at their ATMs, alternatives like TWINT's cash withdrawal through Sonect partner stores and on-site bank branch deposits may still be available, although UBS has not yet clearly communicated these options.
