SWISS BANK
ABOUT SWISS BANK Established 1863 Regulation Swiss Financial
Market Supervisory Authority (FINMA) Headquarter Zurich & Basel
7 main offices 4 in U.S.,1 in London, Tokyo & Hong Kong
Thomas J. Jordan (Chairman)
Fritz Zurbrugg(Vice Chairman) Governing Body
Andrea M. Maechler(Member)
WHY SWISS BANKS ARE CONSIDERED TO BE SAFE???
DEPOSITORS PROTECTION AGREEMENTPRIVACYLOW RISK
About.Why swiss bank is safeDepositors protection
agreementDrawbacksCriteria to open- vedioBlack money in swiss
bankBlck mny of indiaNews.3
CRITERIA TO OPEN SWISS BANK A/C Age > 18 years Account can be
almost in any currency Swiss Franc, US dollars Opening balance -
$2,50,000 Bank charges different fees for different types of
transaction
WHY DO I NEED SWISS BANK A/C???
5
ACCOUNT REQUIREMENTSOpening Account
Closing Account
ACCESSING YOUR MONEY Credit Card
Cash Withdrawals
Travellers' Checks
Bank Transfers
Checks
DRAWBACKS OF SWISS BANK Earning interest
Less account holder in Switzerland
CURRENT SWISS BANK STATISTIC
https://www.google.co.in/search?newwindow=1&q=swiss+bank+in+economy&oq=swiss+bank+in+economy&gs_l=serp.3..0i22i30.1079.1723.0.2007.4.4.0.0.0.0.125.436.2j2.4.0....0...1c.1.64.serp..0.4.433.AKL0Zhb04Ws
CURRENT STATUS OF SWISS A/C HOLDERS 1. India ---- $1,456
billion
2. Russia ---$ 470 billion
3. UK -------$390 billion
4. Ukraine - $100 billion
5. China -----$ 96 billion
BLACK MONEY OF INDIA IN SWISS BANK
Recent NEWS :
Swiss to publish 1st list of Dormant Assets in DecemberSource :
Press Trust of India | October 04, 2015
REFERENCEShttp://articles.economictimes.indiatimes.com/2015-09-22/news/66792232_1_kotak-wealth-dsp-merrill-lynch-ask-wealthhttps://www.google.co.in/search?newwindow=1&q=swiss+bank+in+economy&oq=swiss+bank+in+economy&gs_l=serp.3..0i22i30.1079.1723.0.2007.4.4.0.0.0.0.125.436.2j2.4.0....0...1c.1.64.serp..0.4.433.AKL0Zhb04Wshttps://en.wikipedia.org/wiki/Banking_in_Switzerlandhttp://www.swissbanking.org/en/bankengruppen.htm#sthash.7S05Q4vn.dpufhttp://profit.ndtv.com/news/economy/article-swiss-to-publish-first-list-of-dormant-assets-in-december-report-1226004
-NIKITA BHATKAR
