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The Benefits of Swiss Banking

Switzerland is the world's largest offshorebreech of confidentiality, whether in banking
financial center; larger than London, Newor in other commerce. All banking Employees
York  or  even  Frankfurt.must sign the secrecy portion of the banking
act as a condition of employment. The banking
The Swiss banking sector as a whole hasact also adds a special section making it a
established this dominant position through acriminal offense, with the possibility of
long tradition of political, economic andjail, time for any employee or agent who has
financial stability and some key principles,been deemed to have improperly divulged any
one  of  which  is  Swiss  banking  secrecy.confidential information. These portions of
the banking law have been interpreted, both
Swiss bankers have also built a solidin practice and by the courts, to make it a
reputation for managing investment portfoliosserious offense to divulge any information
for their clients and providing a wide arrayabout a bank customer to a third party,
of services such as estate planning, wealthincluding official requests from foreign
management, trust companies, Goldgovernments.
numismatics, Derivatives and confidential
brokerage  accounts.It's no small wonder that Swiss bankers are
very popular in the world of offshore
Swiss law is especially strict about anybanking.



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