Swiss bank secrecy laws aim to protect bank customers and their privacy. This moneyland.ch guide provides basic insights into Swiss bank secrecy laws. Although the term bank secrecy is commonly used to describe Swiss banking discretion laws, experts generally use the more accurate term “bank customer secrecy”.
What is bank secrecy in Switzerland? Bank secrecy involves a duty by bank representatives and employees to use discretion. This obligation covers their clients’ financial transactions or those of third parties which they may be privy to, during their employment. Any person connected to the bank is also bound by bank secrecy. A comprehensive guide to Swiss banks for expats | Expatica Jun 19, 2020 Bank Secrecy - Swiss Banking Act of 1934 | Swiss Banking
Oct 05, 2019
Bank secrecy | MyOffshoreAccount.com Effective bank secrecy is better achieved in certain countries, such as Switzerland or in tax havens, where offshore banks adhere to voluntary or statutory levels of privacy.
Swiss banking secrecy. The diligence of Swiss banks with regard to the privacy of customers is one of the most renowned features of the Swiss economy. Violation of banking secrecy is a crime in Switzerland; therefore Swiss banks must consider carefully potential threats to secrecy …
BANK SECRECY IN SWITZERLAND – RuVe Beratung & Treuhand AG What is bank secrecy in Switzerland? Bank secrecy involves a duty by bank representatives and employees to use discretion. This obligation covers their clients’ financial transactions or those of third parties which they may be privy to, during their employment. Any person connected to the bank is also bound by bank secrecy. A comprehensive guide to Swiss banks for expats | Expatica Jun 19, 2020 Bank Secrecy - Swiss Banking Act of 1934 | Swiss Banking