Comments on: 7 Myths About Opening a Swiss Bank Account

By: Mrs Sandra Chucks

Mrs Sandra Chucks — Tue, 24 Jan 2012 11:05:49 +0000

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By: Mrs.Sylvia Barons

Mrs.Sylvia Barons — Tue, 24 Jan 2012 11:03:49 +0000

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Good luck

By: JLL

JLL — Thu, 17 Nov 2011 21:43:58 +0000

This is the worst article I have ever read on Swiss bank accounts. Firstly please do a spell check, secondly you must distinguish between being a foreigner opening a Swiss bank account or not, and whether the foreigner lives abroad. You don’t pay for a Swiss bank account, you actually get paid; it’s called interest. But, contrary to your point, Swiss banks play relatively low interest on accounts because they are very safe. However they do offer a wide range of investments for all types of investment appetites so account holders have many options.

Lastly, Swiss people can open an account for free. The same goes for foreigners living here, you can deposit 1 Rappen (Cent) and open an account provided you have an ID and a mailing address. If you live abroad however you have to deposit atleast(!) 150,000 and that’s probably not enough in most cases. It also matters what you intend to do with your money, Swiss banks will only let you open an account if you stay with them long term and keep a certain balance on your account.

Reasons to hold bank accounts in Switzerland used to be thanks to the bank secrecy which is enshrined in Swiss law, now however this image has taken a hit as Swiss banking clients’ names have been handed over (willingly and unwillingly) to other countries. Thus it is not so handy for foreigners to evade taxes through Swiss bank accounts anymore, which quite frankly says more about the account holders than the Swiss bankers.

By: Joey Cosi

Joey Cosi — Thu, 09 Sep 2010 14:48:43 +0000

For quite some time I had this impression that opening a swiss bank was such a tedious job. It has been a stereo type that when you open a swiss account, the money is dirty or something similar to that.

By: Mr.selvaraju

Mr.selvaraju — Fri, 05 Feb 2010 05:34:40 +0000

please let me Genune banker or personal for meet my personal loan $ 800 /– dollar only. I am sure to repay within 3 months .

By: Astone Opanga Namonywa

Astone Opanga Namonywa — Wed, 23 Sep 2009 13:57:25 +0000

Hi,

I am a Kenyan living below poverty line, i am seeking for a loan to start business. any finacial institution willing to extend this service is welcome.

By: Mohammed

Mohammed — Sun, 09 Aug 2009 11:54:36 +0000

i need to take a loan, i am working with oil company and my salary is around 30000 swiss frank.
can you advice me please.
thanks lot.

By: Bela Kovacs

Bela Kovacs — Thu, 04 Jun 2009 09:28:02 +0000

please NAME a bank where you can open an account with less then 100 000 euros as a private banking international client…

so, the “myth” about this is still alive…

By: Tanmoy Kumar Lahiri

Tanmoy Kumar Lahiri — Wed, 25 Mar 2009 05:58:51 +0000

Dear sir/madam,
I like to know that if a person doesnot open an A/c , then he(me) get any loan from you concern. I personally do Alchemist MIS scheme, FD scheme . But I assured you to pay your loan capital & with small interest for long period of time.
Please help me in this matter.
Thanking you,
Yours Faithfully,
Tanmoy Lahiri

By: Jamie

Jamie — Tue, 24 Feb 2009 02:31:41 +0000

Man.... I know it's important to debunk the myths... but it makes me kind of sad! I loved the mysterious enigma of the swiss bank... but I guess with things like they are today... you could have that account just about anywhere, eh? Jamies last blog post..Editing is WOW!