Best swiss bank account?
 

can someone recommend a best swiss account which you can open online ?

id be interested in a well established, long running swiss bank that doesnt have any branches in the usa or uk (and preferably europe too). i dont want to use a bank that requires a minimum deposit over say $20,000.

someone recommended swissquote.ch just 2 days ago

bump i also need swiss bank

we all need swiss banks, but all swiss banks send out infos to tax authorities of the country one lives in

thats rubbish

in switzerland tax evasion is an administrative offence not criminal offence and its against the law for swiss banks to give out account info

That is not true.

Have fun parking your money in Switzerland and later have some agency knocking on your door. Switzerland has been very cooperative in the last few years.

High bid on Overture for "swiss bank" is $0.19 -- :Oh crap

2hp

cooperative in regard to suspected terrorists or known dictators

but I still dont think they would inform the Dutch government on their own that you have $70k in a swiss bank account

Assume you are referring to "offshore" or "private" Swiss banking facilities since you don't want them with branches in other countries?

There are no private Swiss banks that entertain applications online, - personal visits and presentation of creds is normally required.

The above type of Swiss banks are predominently for investment purposes, - not trading, - hence they will want to see what investment level a client is talking about.

PS.. If you are really based in Florida and talking about "private" Swiss banks - you need a lawyer first.

Switzerland was lied to by several governments and this was eventually uncovered during court cases in which banking clients were involved.

Swiss bankers no longer listen to the ramblings of law agents from outside Switzerland :winkwink:

They are also fussy who their clients are.

Just thinking about this thread - it's too naive and amateurish and worth extra comment.

For folks to be defining what they would like to see in their own private Swiss bank account - online banking, "established bank", no more than $20K min account balance blah - while it is also clear there is a need to defraud revenue agencies - they seriously need a grip on reality.

Swiss private banks are not interested in people working at a level of $20K min deposits - they are investment banks and not the local Bank of America. They also don't have "branches" in other countries.

They also want to know exactly who their clients are and meet them personally - and also know where the account funds are coming from.

In this instance, it's not a matter of the credibility of the bank - they existed long before a few countries, - but more relevant is the credibility of the client.

Finally, anyone who still lives in a high-tax regime (specially, a "resident" or "citizen") and expects the benefits of eg Swiss private banking is living in lala land. 99.9% chances are that the scenario is little more than basic fraud/tax evasion.

Flip side of the coin, there are Swiss banks - "normal" one's used by Swiss nationals and others who may have online banking. There is little "private" about them and same as an account in any bank.

The only *real* valid use for individuals (or most corps) to legally use "private banking" (unless this was fully disclosed - which then kills the need in the first instance), is to reside in a no-tax area, where this issue is not on the table and not "illegal". (There other scenarios which are legal, but they are miles above the amateur level of this thread).

There are also other areas as well as "popular" Swiss banking institutions for investment. On average, they have more security/privacy than most banks in the world and rated far higher than most "branded" banks, - but ain't gonna discuss that here - it would not be relevant.

:thumbsup

Excellent post....I want to add that most Swiss banks only take new customers through referral of existing clients.

good post indeed....,..

Swiss back accounts are so 1980's. Think Caribbean...

Less than $20,000 ..... this is what I recommend :1orglaugh

http://www.imagefilez.com/out.php/i31500_sphole.JPG

I think certainly the inquiry is motivated by tax penalties of having money in a US bank, however it could also be beneficial for some individuals to "hide" money for reasons such as personal law suits and divorce court liens.
I too have heard of Carribean possibilities, even Panama.
Any comments or recommendations appreciated.

You can't open a swiss bank account online.

:2 cents:

lol :1orglaugh :1orglaugh

http://switzerland.isyours.com/e/index.html

:2 cents: :2 cents: :2 cents:

samsam... if you are really serious about a swiss bank account you will need to personally open it up yourself in Switzerland...also, there are by far much better situated countries atm than CH for stashing taxable cash... I know... I live here...

such as?

have you used them?

Sorry for the delay, but yes I have. Not cheap but it works like charm