Bank Account

Swiss Bank Account

Contrary to the common belief, there is no direct link between Swiss bank accounts and rich dishonest crooks who are trying to hide away their dirty gains. There’s actually nothing “fishy” or illegal about having or wanting to have a Swiss bank account. The majority of Swiss bank account holders are everyday people. The reason why people all over the world chose to open a bank account in Switzerland is the fact that Swiss Banks are known to be the world’s most trusted asset haven. It’s the ideal place to protect your wealth from badly intended individuals who might try to get their hands on it. Why has the privacy of such accounts become so legendary you may ask. Well, that is mainly because they are coded with a number instead of a name.

Starting with the year 1934, the Swiss Parliament passed a law that makes it illegal for any bank to disclose any information regarding these accounts. Bankers are forbidden to even disclose the existence of your account without your consent. Most importantly, no matter how many financial institutions crumble, your money will never be in danger with a Swiss bank account. Switzerland is a country renowned for its stability and hasn’t been at war since the XVth century therefore your money will be as safe as it gets. Here’s a list of the big five Swiss banks: