Swiss Bank Accounts For Foreign Nationals
Have you ever wondered whether it is possible for a non-Swiss national to open a bank account?
Thanks to modern technology advances and advanced internet security now it is. The first question that comes to mind is what are the benefits of an individual or a corporation can have from undertaking such an initiative.
The first and foremost benefit is that The Swiss Banking System is by far the most secure in the world. In the unlikely event of a bank failure the holder`s funds are 100 percent guaranteed by the Swiss Bankers Association depositors agreement. Furthermore the banker-client relationship is treated with the same level of confidentiality as doctors meaning that bankers are legally banned from disclosing any confidential information on the accounts holder preventing the bank from disclosing even the accounts existence without the owner’s explicit permission. This originated in the 18th century when a group called The Great Council of Geneva passed a motion in the year 1713 preventing bankers and banks from sharing information about their clients.
The Swiss Franc is widely considered as the best currency in the world with zero inflation.
It is furthermore one of the very few that is guaranteed by at least 40% of government gold reserves. Bank account holders receive a true private banking experience where you have a private banker that is at their disposal for any of their needs. Moreover, Swiss economy is rock solid and stays mostly unaffected by the most common problems in other countries. A common misconception is that a bank account in Switzerland is reserved only for the wealthiest in the world which is something that is not true. Currently individual accounts can be opened for foreign nationals with deposits as little as CHF 1000.
Does this sound like something that you might be interested in?