Where should I setup a bank account in Montreux?

"Expats considering retirement in Montreux, Switzerland, should be aware that the cost of living is high, with expenses such as housing, healthcare, and groceries being significantly more expensive than in many other countries. They should also know that Switzerland has a high standard of living, with excellent healthcare and public services. Montreux is a French-speaking city, so learning French would be beneficial for daily life and integration into the community. However, English is also widely spoken due to the city's popularity with international tourists and expats. Switzerland has a mandatory health insurance policy, so expats must ensure they are covered. The healthcare system in Switzerland is of a high standard, but it can be expensive. Switzerland has a high level of safety and low crime rates, making it a secure place for retirement. However, it's important to be aware of local laws and customs to avoid any legal issues. The Swiss tax system is complex and varies from canton to canton, so it's advisable to seek professional advice when dealing with taxes. Switzerland has a temperate climate, but Montreux, located in the Swiss Riviera, has a microclimate that makes it one of the sunniest places in the country. Montreux is known for its music festivals, particularly the Montreux Jazz Festival, and has a vibrant cultural scene. It's also surrounded by nature, with the Alps and Lake Geneva offering numerous outdoor activities. Public transportation in Montreux is efficient and reliable, with a comprehensive network of trains, buses, and boats. Owning a car is not necessary for getting around the city. Switzerland has strict immigration policies, so it's important to understand the requirements for obtaining a residence permit. Finally, it's worth noting that Switzerland is not part of the European Union, which can have implications for things like travel and healthcare for EU citizens," mentioned another expat when asked about moving to Montreux , Switzerland.