Features, Benefits and How it Works
Zak by Bank Cler is Switzerland’s first mobile-only neobank, launched in 2018. Backed by the traditional Swiss bank Bank Cler, Zak operates as an independent digital platform offering a full suite of banking services entirely through its mobile app.
Zak provides essential banking features such as personal accounts, savings management, bill payments, and budgeting tools, all accessible within a sleek and user-friendly interface. One of its standout features is “Zak Spaces,” which allows users to create sub-accounts to set aside money for specific purposes like vacations or savings goals.
Overall, its digital-first approach and focus on simplicity position Zak as an appealing alternative to traditional banking in Switzerland, making it a key player in the neobank landscape.
Founded: 2018
Headquarters: Basel, Switzerland
Users: unknown
Countries available: Switzerland
Account plans: checking and savings accounts for personal users