anyone have a Swiss bank account?

[Arkitech]

whats the point of having a swiss bank account as opposed to somewhere else? are the swiss really that good at banking?

 

[quakefiend420]

Originally posted by: Kaido

Originally posted by: Tsunami982

Originally posted by: Kaido

Originally posted by: Dacalo

Originally posted by: Kaido

Originally posted by: waldo

Originally posted by: Kaido

Originally posted by: waldo
Yes, I have one, but only because I travel there regularly...I actually have bank accounts in about 4 different countries, it is just nice and easy!

anything to know? I'm googling and the lowest setup fee I've seen is like $700 or so.

Hmmm...not really, depends what you want the bank account for. I set it up when I lived there, and just kept it, so it is pretty cake. As a foreigner, it is considerably more difficult.

I'd just get it for the geeky cool factor now I just need to find a job that pays more than seven bucks an hour, lol.

what kind of interest rates do they normally have, if any?

You are missing the whole point of having a Swiss bank account as a foreinger.

What IS the point of having a Swiss bank account as a foreigner?

the point is that it can be anonymous (for all your shady folk). i dont know if this is true, but i heard instead of the bank paying you interest... you pay the bank in swiss bank accounts.

sounds more like mother Russia...you pay bank

bwahaha :laugh:

 

[jadinolf]

Originally posted by: FoBoT
i had a swiss cake roll last week

I had a Nestle bar.

 

[SeminoleMarine]

Read this:

http://www.howtoadvice.com/SwissBanks

 

[Kaido]

Originally posted by: Arkitech
whats the point of having a swiss bank account as opposed to somewhere else? are the swiss really that good at banking?

coolness factor

 

[Hammer]

you can open one with as little as 3000 euros.

 

[Cares]

If you want me to be blunt. Swiss law guarantees privacy on all banking matters. Basically if you want to hide bribes and other sort of illegal money you get, put it in a Swiss bank. If you're being investigated then they cannot touch your Swiss bank account and neither will they know you have one.

Edit: Well I don't want to make all Swiss bank accounts sound sketchy. A lot of rich people put their money there because they simply like the privacy and not want others to know how much money they have. I'm certain Bill Gates and other folks like him have Swiss bank accounts for the privacy. The Swiss have the tightest banking regulations as far as gaining access to an account.

 

[RossMAN]

Originally posted by: Arkitech
whats the point of having a swiss bank account as opposed to somewhere else? are the swiss really that good at banking?

Money laundering and to evade detection from BSA policies.

 

[Mill]

Originally posted by: Kaido

Originally posted by: sharkeeper
Georgetown.

what?

Grand Cayman. Close than Switzerland and just as good.

 

[Falloutboy]

Originally posted by: Arkitech
whats the point of having a swiss bank account as opposed to somewhere else? are the swiss really that good at banking?

to hide your money when your gold digging wife decides to divorce you

 

[yllus]

Somewhere like Liechtenstein would be better, no? IIRC they don't require the name of the actual account holder, just your lawyer's.

Edit: Apparently not anymore:

While Liechtenstein retains a culture of privacy, and bank secrecy laws remain on the books, it now has the same know-your-customer rules in effect almost everywhere else in the world. However, Liechtenstein still does not cooperate in foreign tax investigations. Any foreign tax official inquiring about an account in Liechtenstein is politely shown the door.

Until the new laws took effect, it was possible to hire a lawyer to form a Liechtenstein company or trust and then operate a bank account for that entity without the bank ever knowing the identity of the owner. The lawyer was bound by law never to reveal his clients? identity. It was the ultimate tool for anyone wanting true anonymity. Liechtenstein was the last place in Europe to offer such a service, and it attracted many billions of dollars as a result.

 

[eplebnista]

anyone have a Swiss bank account?

No.

 

[cavemanmoron]

Replying to Topic: anyone have a Swiss bank account?
Created On 03/25/2005 12:02 AM by Kaido


swiss coccoa I have drank;
I have a Swiss Army knife.

Swiss bank account. No.

 

[artikk]

Originally posted by: Printer Bandit
no.

 

[Acanthus]

Originally posted by: SeminoleMarine
Read this:

http://www.howtoadvice.com/SwissBanks

Thx