Posted on 09 January 2010
As the Swiss bank, UBS announces to turn over the names of suspected American tax evaders to US authorities, concerns have risen over the fate of the age-old banking system of Switzerland. For a very long time, Swiss banks have been trusted over secrecy on financial transactions. Now that analysts are predicting the end of Swiss banking system as we knew it, many wonder where to hide their million dollar stash. We have a few suggestions

- Go to Zimbabwe: while Mr. Mugabe may promise to never give your names to concerned authorities, unfortunately your money would become almost worthless after being converted to Zimbabwean currency.
- Go traditional: what are the floorboards under your bed for?
- Iraq’s an option: seriously, why not? When 90 billion dollars can just vanish without a trace, Iraq certainly is an option for you…
- Newspapers: umm. scratch that.
- US Dollars, anyone?: with the dollar getting worthless everyday, why would anyone even think to look into US?
- An account in Cuba: hey, why not? All you have to do is slip a bit of cash under the table here and there and before you know it, voila! Your crazy old high school friend who did everything illegal may come in handy after all – when he makes that account for you in Havana…
- Dick Chenney’s Bat cave: now there’s an idea! If it can keep Strangelove safe, why not your cash?
- Neverland Ranch: what the hell, it is for sale!
- The Republican National Committee war chest: Invest in the war. The the best way to keep Obama out of your hair.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=60d7b1c7-c721-43ce-a74d-0fcda01858ab)
Technorati Tags:
accounts,
bank,
Banking in Switzerland,
Business_Finance,
comment,
dollar,
income,
Money,
Privacy,
Swiss banks,
Switzerland,
UBS,
USDRelated Articles
- Laws related to Swiss Bank Accounts
There are different laws and regulations in Switzerland to open an account. There are two different laws for residents of Switzerland and non-resident of Switzerland. The percentage of tax is different for every account type and status.
... - Swiss Bank Account Advantages
Swiss Bank accounts have many advantages. The two main advantages are the privacy and safety that these banks offer their customers. There are very strict laws regarding the relationship between a bank and its customers.... - My Story: I opened a Swiss Bank Account
To open an account in Swiss bank, is an easy task but taking out the money from it, is really very difficult. Swiss bank has such high rate of personal savings, and such a low rate of debt. They just don’t let you withdraw excess amount of money than your... - How to Open a Swiss Bank Account?
Swiss Bank accounts provide a luxurious degree of privacy to financial transactions. These accounts are usually operated with a number rather than account holder’s name. Swiss Bank accounts can be opened through different ways. One can easily be started h... - High Interest Checking Accounts Advantages And Disadvantages
The saving accounts get you better rate of interest as against the checking accounts. Now you can merge both accounts in one which is known as HICA (High Interest Checking Accounts). HICA has certain advantages and disadvantages which you must consider be...
Tags: accounts, bank, Banking in Switzerland, Business_Finance, comment, dollar, income, Money, Privacy, Swiss banks, Switzerland, UBS, USD
This post was written by:
R. MAK. - who has written 452 posts on Fair Loan Rate!.
He is an IT Consultant turned Blogger, Interested in Technology, Personal Finance, Humans and Life...
Contact the author
Popular Tags
- swiss bank place
- how to hide a million dollars
- how to bank millions
- how to hide one million dollars
- how to keep millions in the bank
- interest on 10 million dollars
- hide US dollars best way
- UBS new fees for non residents
- swiss banking interest rates on £1000000
- safest place to store a million dollars
- swiss banks paying interest on dollar accounts
- switzerland saving percent bank
- swiss banks savings in us dollar
- swiss million dolllar account
- what bank would you deposit 25 million dollars with?
- what are the places for millions
- what are the monthly interest rates from swiss banks
- switzerland bank rates
- us dollar saving in swiss bank
- unsecured start up loan 2 million switzerland
- the intrest on 10 millions dollars
- the safest place to keep 10 milliion dollars
- trusted Swiss Banks names
- switzerland hide money
- swiss bank shift
- swiss bank interest rates for millions
- is there any bank i can hide 20 billion dollars
- keeping millions in a bank account
- live in switzerland with 1 millon dollars
- invest one million us dollars in swiss Bank
- million dollar in swiss bank
- million dollar on swiss bank
- monthly interest on 25 million dollars
- one million dollar hide
- personal debt of 10 million usd
- places to bank millions
- safest place to keep 20 millions dollars
- Safest place to stash a million dollars
- safest to place to put 10 million dollars
- shift credit card money into bank account
- swiss bank 1000000 percent
- swiss bank are at which place
- is switzerland is still the safest place to put your money?
- what banks are best for putting up millions
- www swiss bank place where
- where to place a million dollars
- where to hide your money and draw interest
- where to hide money
- Where to get loan in US dollars
- where to deposit millions of dollars