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.