Posted on 23 February 2011
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Swiss bank accounts are very attractive due to their specific features. An average business man can now easily open a Swiss bank account. There are many new offers introduced for this purpose. It is considered very important to know about the specific aspects of these accounts. These accounts generally provide the secrecy and protection to the savings of people. Swiss bank accounts are operated with a number rather than account holder’s name. Some hard terms and conditions are led for opening these accounts.
Every new account needs an in-person appearance in Switzerland. There is a huge amount of money at least $100,000 required for an initial deposit. It also needs some more $300 per year for account maintenance. So, these secret accounts considered somewhat costly for an average person.
Cheaper ways to open a Swiss Bank account
There are some easier and cheaper ways also available to open Swiss Bank accounts. These secret accounts are working under the Swiss law from 1934. No Swiss bank official has right to disclose any information about an account. However, U.S. law enforcement agencies now may interfere for criminal investigations according to newly introduced rules for Swiss Bank accounts.
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Posted on 17 February 2009
Tags: anonymous account, anonymous account in switzerland, bank, bank account, Bank Accounts, Bank Manager, bank transfers, banker, bankers manager, banking, CHF, close a bank account, Finance, good interest rates, how to open, internet banking, legal and banking system, numbered account, open bank account, swiss account, swiss bank, swiss bank account, swiss bank account interest rates, Swiss Bank Accounts, swiss banks annual fee, Switzerland, to open a bank account
Mention Swiss bank account and heads turn and people tend to get more attentive. First thing that comes to mind is filthy rich people. Swiss bank accounts are usually associated with drug and corruption money due to popular media and fictional movies. This lead me into a quest for truth among all the myths surrounding Swiss bank accounts. It was only a matter of understanding Swiss people and their legal and banking system. All myths evaporated as facts came forward to clear the mist. let me share what I found about Swiss bank accounts.
Only millionaires can have Swiss bank accounts
This is most popular of the myths. It is not true that Swiss Accounts are only for very rich people. In fact most of the people holding Swiss Bank accounts are not leading industrialists or movie stars. It is everyday people. businessmen, IT professionals, engineers, doctors and government employees etc. Gone are the days when Swiss bank accounts were only for rich.
Barrier to entry are considerably low. Minimum amount to open an account in Swiss Bank is just 5000 Swiss Franc. There are even Swiss accounts available where you don’t need to maintain a minimum balance.
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