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How to open a swiss private bank account PDF Print E-mail
Tuesday, 03 July 2007
  1. Be assured that the Swiss bankers are the most prestigious and experienced private bankers in the world. Swiss banks welcome accounts from all over the world. The main reason for many people wanting a Swiss bank account has to deal with the legendary privacy such accounts provide.
  2. Know that the Swiss have some of the tightest regulations in the entire world as far as who can gain access to your account. If you're looking for a way to "protect' assets from snoopy investigators, a Swiss account can be the ideal place.
  3. Have confidence in the fact that bank secrecy is not lifted for tax evasion. This is because failure to report income or assets is not considered a crime in Switzerland. As such, neither the Swiss government, nor any other government, can obtain information about your bank account. They must first convince a Swiss judge that you have committed a serious crime punishable by the Swiss Penal Code.
  4. Be comfortable in realizing that your secrecy will not be lifted for private matters such as inheritance or divorce if you have kept your banking information strictly confidential. It is up to plaintiffs to prove that the account exists if they wish the judge to pursue the case.
  5. Swiss private banking tends to want a minimum of $500,000 to open an account.
  6. Once you have made contact with the bank, a Swiss private banker will talk you through the procedure of opening an account.

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Last Updated ( Tuesday, 20 November 2007 )
 
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