Swiss Bank Account: The World's Preferred Wealth Haven
A Swiss bank account is the best choice if you have lots of money, and are looking for people to manage it for you. For a not so transparent fee, of course.
These services are called wealth management, wealth planning and asset protection and are exclusively offered to High Net Worth individuals. These banking services offered by prestigious Swiss private banks are much sought after by wealthy individuals and corporations who seek to explore the fine banking experiences of Swiss banks. In fact there were periods from the 1960s to the 1990s, that if you were wealthy only if you had a Swiss bank account! 9/11 changed all that and governments every where are cracking down on Swiss banking. While Swiss bank's do offer personalized services to suit your needs, these services are expensive and you need minimum balances that run into the thousands and you need to go there to open a Swiss bank account. Also many banks do not offer internet banking for security reasons. But the whole experience makes you feel like you have arrived! Nowhere in the world would you get such fine banking services. Clients having a Swiss bank account are not only offered wealth management, wealth planning, investment planning and asset protection solutions but they also get the benefit of getting these requirements structured as per their needs. Swiss banks always strive to build long lasting relationships with their clients using their decades long financial expertise and efficient planning. Swiss banking also offers a complete range of private banking services like financial consulting, real estate, securities and inheritance planning. Their personalized banking solutions help them to establish a high level of trust and goodwill with their clients. And because of confidentiality legislation in force since 1936, the client is assured of a anonymity while receiving the personal touch.
Offshore asset protection is becoming increasingly popular as a legitimate tool. Other countries such as Seychelles and Mauritius also offer similar services at a fraction of the cost, and the new millionaires of Asia are comfortable with these jurisdictions. Banks in Switzerland with their anonymity and asset protection legislation are able to protect your savings from litigation, punitive taxation and possible future divorce settlements. They have a track record spanning decades and so have generated more trust. Swiss consultants specializing in banking services are very experienced and can provide you with the most practical advice and banking solutions. If you are thinking of opening or managing corporations, trusts, foundations, partnerships, LLC’s and other entities then it is better to approach a Swiss bank to get the best solutions for all your above needs. The asset protection trust facility available with the banks in Switzerland is a very convenient and efficient system. Swiss banking came into existence in 1685 and since then it has built a reputation of trust with one and all. In fact the trend of preferring Swiss banking started in the eighteenth century when the Emperor of France, Louis XVI, appointed a Swiss banker as his finance director. Swiss banks were known as the most trusted banks and when Switzerland declared its neutral status in the nineteenth century this trust became even more solid.
Swiss banking policies are not influenced by government policies and as such, are very attractive to investors. Many of the projects that got underway in France in the nineteenth century required huge investments and it was the Swiss banks that managed all these investments. This was the case also with other countries later on. The world famous Swiss banking secrecy is a part of the Swiss legal system and it originated 1936. This unfortunately coincided with the rise and fall of Adolf Hitler, a dark but very lucrative period in the history of Swiss banking.
See the map of Switzerland and its neighbors, below to show you where exactly Swiss banks are. View Larger Map
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