Why do people have swiss bank accounts?
Swiss banks operate under similar guidelines to banks across the world. The attraction of Swiss bank accounts stems from the extra features they provide such as increased safety, privacy and accessibility in addition to those typically offered by full service banks.AccreditationSwiss banks must be licensed by the Swiss Financial Market Supervisory Authority and are regulated by the Basel Committee on Banking SupervisionFinancial StabilitySwiss banks have high capital requirements and solid depositor protection as required by law; securing members safety from financial crisis or conflict.PrivacyApart from criminal cases, Swiss banks are legally obliged not to disclose their account holder’s identities.AccessSwiss bank accounts can be accessed online all over the world.
