Why open a Swiss bank account
There are numerous reasons to open an offshore bank account and many people are choosing to set up an account in Switzerland. Swiss wealth management is often a topic of great debate amongst financial experts, and there are many people who believe that opening a Swiss bank account is a highly advantageous acquisition.
DeltaQuest can assist you with opening a bank account in the jurisdiction of your choice. To learn more, please view our Swiss Offshore Bank Account services page.
Features of a Swiss bank account
A Swiss bank account can be opened by anybody who is able to submit the minimum required capital. This capital will vary depending on which institution you bank with and your reasons for transferring your funds here.
Swiss bank accounts are advantageous for a number of reasons. They can be opened with a minimum of 5,000 Swiss francs, whilst it is possible to invest your money worldwide from your account in Switzerland through investment funds, bonds, the stock markets and the purchase of a range of other types of investments.
Swiss accounts are also easy to maintain and provide a broad range of services to holders. They are straightforward to open and can be closed whenever you wish. Many banks offer zero penalty fees for such a service, and there are limited restrictions if you choose to do so. In addition, maintenance fees are minimal and there are a number of Swiss banks that do not charge any annual fees.
Swiss bank accounts are famous for providing utmost security and stability, and traditionally they have been regarded as the ultimate home for the wealth of high-net-worth individuals. Nevertheless in recent years they have been under scrutiny for assisting offshore tax evaders and have therefore had to review their privacy laws.
The Swiss banking industry is therefore aiming to enhance and maintain its name as a reputable financial centre, by expanding its services and exposing the identities of tax evaders. They are available to anyone and many people who live in countries with unstable economies often turn to Swiss banks for financial security.
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