Tuesday, October 6, 2009

Swiss Offshore Bank Account Tax Fraud

Swiss Offshore bank accounts do not offer bank secrecy per say. What they do offer, is security under Swiss law that about the confidentially of Swiss bank accounts.

The Swiss love their privacy and have shown it many time by voting against any law that would remove restrictions of access to documents which remove privacy, considered by all citizens of Switzerland as a violation of their basic rights.

The Swiss government has the right to open the records of any Bank account that any link to a person who may have committed a crime under Swiss Law. Tax avoidance is not a crime in Switzerland and the Bank secrecy of your account will not suffer.

Swiss law does make a distinction tax evasion and tax fraud, Use your offshore Swiss bank account for legal business.

Wednesday, September 30, 2009

Swiss Offshore Bank Account Safety

There is safety in having a Swiss Offshore Bank Account as the Swiss are people are proud of their banking heritage.

The Swiss National Bank has one of the largest reserves of gold bullion to back up its currency. Banks in Switzerland have the obligation by law to keep any and all information about their clients strictly confidential. Secrecy rules are zealously enforced throughout the banking industry. This is especially true when it comes to civil matters. The Swiss constitution clearly defines and protects these secrecy laws. Any banker or bank employee in the country who reveals information about clients will be severely prosecuted under the law. Worldwide litigation-happy society, asset protection and estate planning are the main reasons for seeking a safe and secure banking center in Switzerland. People maintain Swiss bank accounts for the privacy and security they provide. No government, tax service, creditor, or agency can ever access information on your account unless you commit a crime in Switzerland.

Monday, September 28, 2009

Swiss Offshore Bank Account Introduction

Do you need an introduction to open a Swiss Offshore Bank account? Not really if you come well prepared with all the documents that the bank needs for due diligence and comply with KYC or know your customer regulations.

Will a Swiss bank officer fly over to meet with potential clients and open bank accounts on the spot? Since the crackdown of the US government on the UBS in its Florida lawsuit the Swiss government has basically banned this practice.

Even with this crisis the Swiss Offshore Bank Account is still available with the same level of service and confidentially. No need to be a millionaire to start depositing your money in Switzerland.

Saturday, September 26, 2009

Swiss Offshore Bank Account at the Private Bank

Swiss Offshore Bank Account is the way to go.

Banking in Switzerland is characterised by stability, privacy and protection of clients' assets and information. The country's tradition of bank secrecy, which dates to the Middle Ages, was first codified in a 1934 law. All banks in Switzerland are regulated by Swiss Financial Market Supervisory Authority (FINMA), which derives its authority from a series of federal statutes.

Swiss Private banks are the way to get 6 star treatment. Most private banks are registered as partnerships. The original banks were created in St. Gallen in the mid 1700s and in Geneva in the late 1700s as partnerships, and a few are still controlled by the original families such as Hottinger and Mirabaud. In Switzerland, such private banks are called private bankers (a copyrighted term) to distinguish them from the other private banks which are typically registered as corporations.

Friday, September 25, 2009

Swiss Private Bank Account

In the old tradition of Swiss Banking you will find 3 kinds of Swiss Banks:

- Private Banks
- Kantonal Banks
- Large International Banking Institutions

Each type caters to a different kind of clientele.

Switzerland's Private Banks accept clients for their banking services only high net worth individuals. the more in your Swiss Bank account the more free services you will receive. They even offer concierge services to help choose the best gift for your wife.

Monday, September 21, 2009

Swiss Offshore Bank Account

Many people offer to help you open a Swiss Offshore Bank Account but is it really the kind of account you are really looking for. One popular bank account is with the Swiss Post Office which offers online banking and debit cards. Almost every Swiss Citizen has an account there and uses it to pay their monthly bills.

Sunday, September 20, 2009

Swiss Bank Account

Opening a Swiss Bank Account is not as easy as it once was. Pressure from the USA has stopped Swiss bank accounts from being opened by US citizens and residents.

Visits to the US by Swiss Bankers is now a dangerous exercise. But Americans are still opening bank accounts overseas.