Visit our main site: http://www.swissprivacy.com
 
 

 

CONTENTS

Concept of Offshore and Onshore

Switzerland - a smarter choice

Common swiss myths

Privacy in Switzerland

Bank Secrecy

Private Banking

Numbered accounts explained

Dormant accounts

ANNUITY

What is a swiss annuity?

Benefits of a swiss annuity

Tax treatment

Comparing swiss annuity and swiss bank account

Swiss Insurance laws

Fixed & Variable annuity

Most frequently asked about swiss annuity

Private banking in Switzerland

Private banks are the banks mostly owned by individual assuming unlimited liability, who can take their own decisions on their bank and also personally liable for their assets in banks commitment. Private banks are among the oldest banks in Switzerland offer accounts chiefly for private clients. Never think of entering a private bank in switzerland, if your deposit is less than $1 million.

The oldest private bank in Switzerland is Bank Wegelin & Co, founded in 1741. In Geneva, the oldest one is Darier Hentsch & Cie, founded in 1796, followed in 1798 by Lombard, Odier & Cie. The “youngest” one is Mourgue d’Algues & Cie, founded in 1869.

You benefit in the following ways from a private bank.

- As a private bank customer, you get the world's best banking facilities.

- A separate personal account manager will be assigned to you, who will take care of you 24 hrs.

- Advise to the worlds best investments in bonds, stock markets, trading.

- Highest standards of privacy, automatically attaching your deposits to numbered account.