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The number of new loans that are denominated in USD is steadily falling and dollar products are no longer counting. The fate of loans settled in the Swiss franc was sealed in April last year. Further editorial at

It was then that the last domestic bank withdrew them from its offer. One of the reasons for such a dramatic decline in the popularity of foreign currency mortgage loans is the regulations of Fine Bank.

The GFI has been thinking for some time that such products should become even more niche.

Banking supervision will soon achieve its goal by introducing the same currency requirement for loans and income generated (see point 6.1 of the amended Fine Bank). This restriction will affect almost all wealthy customers …

Offer only for selected ones


The new regulatory plans of the Fine Bank have not influenced the offer of loans settled in USDs for the time being. Such products are still included in the information materials of eight banks (see the list below).

Seven lenders have been foreseeing additional restrictions for a long time, which effectively discourages most interested customers.

The most popular solution is the minimum income limit. In the case of the most liberal Good Credit Bank, it is over twice as high as the average net remuneration (USD 5,660). Fine Bank and Good Credit predict a limit three times higher (USD 15,000).

The black bowler bank also requires an income in the currency of the loan. An identical restriction is also applied by two other lenders: 

After the introduction of the amended Fine Bank, the requirement for a single currency for the loan and income generated will apply to all mortgage loans.

USD mortgage offer: requirements of domestic banks




Across Bank

the borrower’s minimum income is USD 15,000 net

loan available only to users of the Private Banking service or persons who earn an income of USD

Fine Bank

the minimum income per family member is USD 15,000 net, for single persons the limit is USD 10,000 net

Honest Bank

the loan only available to applicants who earn an income of USD

Agree Bank

the borrower’s minimum income is USD 12,000 net

Instant Care Bank

the minimum household income is USD 5660 net of tax

Binary Lender

Spin Lender

The loan is only available to people who earn an income of USD

Across Lender

the minimum household income is USD 10,000 net


Attractive interest as compensation …


The low cost of raising capital is an asset that partly compensates for the poor availability of the products in question. Data from the Fine Bank indicate that the average interest rate on housing loans in USDs is 3.2% (data for November 2012).

The corresponding value for contracts settled in the national currency is more than twice as high (6.9%). What do you think Is it worth applying for a currency loan?