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Thread: why?

  1. #1
    Senior Member melvin's Avatar
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    Default why?

    Be it in show movies or real life we always heard that $ is being transffered to swiss banks?

    why are the money of the rich n famous in swiss bank? why not other banks?

  2. #2

    Default Re: why?

    something abt switzerland's neutrality so everyone respects their decision to not divulge their client's info in view of being fair and unbias. in other words, as long as your money is in a swiss bank, most governments wont be able to find out how much u have in there

    just my understanding from history lessons, pls correct me if im wrong

  3. #3
    Senior Member Pablo's Avatar
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    Default Re: why?

    Quote Originally Posted by kennysjq View Post
    something abt switzerland's neutrality so everyone respects their decision to not divulge their client's info in view of being fair and unbias. in other words, as long as your money is in a swiss bank, most governments wont be able to find out how much u have in there

    just my understanding from history lessons, pls correct me if im wrong
    That is about all there is to it. Switzerland is neutral. Your money won't get the taxes it would in your country.

    Time, is an effortless construction :)

  4. #4

    Default Re: why?

    Quote Originally Posted by kennysjq View Post
    something abt switzerland's neutrality so everyone respects their decision to not divulge their client's info in view of being fair and unbias. in other words, as long as your money is in a swiss bank, most governments wont be able to find out how much u have in there

    just my understanding from history lessons, pls correct me if im wrong
    yeah, but i guess this is why movies always show dirty money being kept in swiss banks.

  5. #5

    Default Re: why?

    Quote Originally Posted by kennysjq View Post
    something abt switzerland's neutrality so everyone respects their decision to not divulge their client's info in view of being fair and unbias. in other words, as long as your money is in a swiss bank, most governments wont be able to find out how much u have in there

    just my understanding from history lessons, pls correct me if im wrong
    corect, but i dun noe if pne dies, would the money be given to the next of kin.. me also wanna hav a swiss acc..

  6. #6

    Default Re: why?

    Quote Originally Posted by compro_1975 View Post
    corect, but i dun noe if pne dies, would the money be given to the next of kin.. me also wanna hav a swiss acc..
    i rather have their chocolates

  7. #7
    Senior Member sammy888's Avatar
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    Default Re: why?

    Quote Originally Posted by satay16 View Post
    yeah, but i guess this is why movies always show dirty money being kept in swiss banks.
    And unlike other banks you pay to hold an account with them. You can get some good idea what having or opening a swiss account is all about at this link:

    http://swiss-bank-accounts.com/e/index.html

  8. #8

    Default Re: why?

    its the bank secret that attracts them all.... swiss banks (in the past) were not required to ask any questions regarding the origin, nor where they not required to answer any asked by the government. so you got money, nobody will know.... now of course things are a bit different...
    then there is the number account... pretty cool thing... it has only a number and nobody knows the name... another way to hide money... and if you die, then they keep the money for very long time...

    cheers from a swiss
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  9. #9

    Default Re: why?

    Quote Originally Posted by sammy888 View Post
    And unlike other banks you pay to hold an account with them. You can get some good idea what having or opening a swiss account is all about at this link:

    http://swiss-bank-accounts.com/e/index.html
    cool nice link.

  10. #10
    Senior Member sammy888's Avatar
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    Default Re: why?

    Quote Originally Posted by satay16 View Post
    yeah, but i guess this is why movies always show dirty money being kept in swiss banks.
    And unlike other banks you pay to hold an account with them. You can get some good idea what having or opening a swiss account is all about at this link:

    http://swiss-bank-accounts.com/e/index.html


    7 myths about Swiss bank accounts : check out the link:

    http://swiss-bank-accounts.com/e/banking/7myths.html#4

  11. #11
    Senior Member melvin's Avatar
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    Default Re: why?

    Are they available almost everywhere or rather they have branches world wide?

  12. #12

    Default Re: why?

    Quote Originally Posted by melvin View Post
    Are they available almost everywhere or rather they have branches world wide?
    but to open a classic account it cost EUR 554

  13. #13

    Default Re: why?



    Well, I only know that Bank of Africa must be pretty pissed, since it is always the target of inheritance-claim hoax.

  14. #14

    Default Re: why?

    Quote Originally Posted by melvin View Post
    Are they available almost everywhere or rather they have branches world wide?
    who is they? there are dozens of swiss banks.....
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  15. #15
    Senior Member melvin's Avatar
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    Default Re: why?

    Quote Originally Posted by Michael View Post
    who is they? there are dozens of swiss banks.....
    I mean most of the swiss bank! or the famous one!

  16. #16
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    Default Re: why?

    Quote Originally Posted by westwest2 View Post
    but to open a classic account it cost EUR 554
    I think most ppl here are qualified liaoz.

    After all 554Eur x 2 = SGD$1108!

    Unless none of the ppl here save!

  17. #17
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    Default Re: why?

    Quote Originally Posted by sammy888 View Post
    And unlike other banks you pay to hold an account with them. You can get some good idea what having or opening a swiss account is all about at this link:

    http://swiss-bank-accounts.com/e/index.html


    7 myths about Swiss bank accounts : check out the link:

    http://swiss-bank-accounts.com/e/banking/7myths.html#4
    5% interest for USD$

    Hell, sure beats our local banks. Anyone knows how much the interest rate is for local bank foreign currency deposit?

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