Banking Operations is a strategic Avaloq service line providing Banking Operations outsourcing services to banks.
We are organized as a global Business Area, running state-of-the art Backoffice services with industry leading automation, quality, and risk standards.
We are experts in providing a true value add to our clients and thus, always look to add creative and client-oriented personalities with drive and passion to our team.
Description
Banking Operations is a strategic Avaloq service line providing Banking Operations outsourcing services to banks.
We are organized as a global Business Area, running state-of-the art Backoffice services with industry leading automation, quality, and risk standards.
We are experts in providing a true value add to our clients and thus, always look to add creative and client-oriented personalities with drive and passion to our team.
Avaloq is located in Bioggio, Canton of Ticino. Cross-border workers need a G Permit, renewable annually, to work in Switzerland. The Canton of Ticino applies withholding tax at variable rates on gross income, and since 2024 the New Tax Agreement introduces concurrent taxation between Italy and Switzerland.
Swiss social contributions include AVS (5.3%), unemployment insurance (1.1%) and LPP (occupational pension). Use our free tax simulator to calculate your net salary and compare the cost of living between Switzerland and Italy.
Frequently asked questions
What is the net salary for a cross-border worker in Ticino?
Net salary depends on gross income, marital status and number of children. In the Canton of Ticino, withholding tax ranges from about 2% to 15%. In the administration sector in Ticino Use our simulator for a personalised calculation.
Do cross-border workers need Swiss LAMal health insurance?
New cross-border workers since 2024 must enrol in Swiss LAMal within 3 months of starting work. Premiums vary by canton, insurance model and deductible. Compare premiums with our LAMal comparator.