Swiss Bank Account
Swiss Bank Account - Safe Option?
Swiss banking had a reputation for banking secrecy carefully built up over decades. They offered numbered accounts, a personal relationship with a confidential Swiss banker, and never gave away the personal details of their clients. Now putting your money here is as risky as any offshore tax haven.
Risks of Swiss Bank Accounts
Swiss banking is presented with a conundrum - preserve the account details of clients, or preserve the banking industry. Faced with the threat of being put on a tax haven blacklist Switzerland has given up the offshore bank account details of thousands of its customers to US authorities. It is also part of the EU Savings Tax Directive. As a private, tax-free jurisdiction Switzerland no longer qualifies. Click for more about the swiss offshore bank account.
How Can I Find a Safe Offshore Bank Account?
There are plenty of options out there, as long as you bear in mind that the offshore world is fluid and changing. A safe offshore account last year does not mean it will be safe today. Luckily there is a way to open an offshore bank account privately, and it only takes 8 minutes. Learn more about how to open an offshore account
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