Why Swiss Offshore Banking?
Swiss Offshore Banking is one of the longest-standing and popular offshore financial centres in the world for one primary reason: privacy Because of the strong legislation in place since 1934 Switzerland banking has precedence and a sound history of being fiercely protective of its financial institutions and their clientele. In certain cases, Swiss offshore banking can be established using a “Swiss numbered account”, which offers even greater security and privacy as a number is the identifier as opposed to a name. These types of Swiss accounts are offered only to a very small, select number of customers. In addition to the number, the account has a code name associated with it so as to avoid any confusion between Swiss banks and the client. This facility dramatically increases the privacy of the individual so, for example, if a bank statement were to be lost or stolen then the account holder’s name is not apparent. A more modern and a much more satisfactory arrangement to ensure discre
