Wednesday, January 4, 2012

What you need to know about Swiss Bank accounts



Swiss bank accounts are only for millionaires.

That's not true. The majority of our clients are not major manufacturers or movie stars, but ordinary people (business, computer technicians, civil servants, etc.). Swiss banks are no longer just for celebrities there.
You can open a Swiss bank account with a deposit of 5,000 Swiss francs.


Money invested in Switzerland yields no interest.

Nothing could be further from the truth. You can invest your money from your bank account in Switzerland from around the world, such as in mutual funds, fixed income, equities, precious metals, commodities, derivatives and many other investment products. Swiss bankers are among the best financial managers in the world, so it's no wonder that they manage over 35% of offshore holdings.



The management of a Swiss bank account is very expensive.

That's not true. For most of us opened the accounts you need to pay no annual fee. Even if you would like additional services, such as retained correspondence or a numbered account, the annual fees are more than adequate.


A Swiss bank account can be very difficult to terminate.

On the contrary, you can use your account in Switzerland, at any moment and without any restrictions. There is no financial penalty. You may only need to make your investments. By Swiss banks, in contrast to many onshore banks freely and unhindered access to your funds.


Numbered accounts are anonymous.

There are no anonymous accounts in Switzerland. A numbered account is an account that is characterized by a number rather than a name, so that is guaranteed for cash transactions and transfers the maximum degree of confidentiality. The identity of the numbered account holder is the only account manager and a few select people know.




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