Swiss Bank Account?

[Phalanx]

I cannot count the amount of times I've heard in movies/tv shows, about this phennomena - The Swiss Bank Account.
Seems in most cases it's associated with criminal practices, laundering/hiding money?
So, anyone know what the deal is there?
Why is this the case?
What's good about a swiss bank account?
Is it an interest thing? A law thing? A tax thing? what?

Just always wondered.

[Elvis_Christ]

Its mainly a tax thing. Most of the taxes your are charged are refunded if you're not a swiss citizen.

These might shed some light on it for you....
http://www.howtoadvice.com/SwissBanks/
http://en.wikipedia.org/wiki/Swiss_bank

[Ferox13]

Good Place to keep yer NAZI GOLD too:

http://www.icenimilitaria.co.uk/assets/gold-3.jpg

[stubbornforgey]

I cannot count the amount of times I've heard in movies/tv shows, about this phennomena - The Swiss Bank Account.
Seems in most cases it's associated with criminal practices, laundering/hiding money?
So, anyone know what the deal is there?
Why is this the case?
What's good about a swiss bank account?
Is it an interest thing? A law thing? A tax thing? what?

Just always wondered.

once you learn the truth about the swiss..you gonna open us an account?.Allow me to start us off 'posts you her 1$..make it grow :o

[missmacabre]

I was under the impression that it was a security thing. That there is a law that they have to keep whatever you put in there a secret. They talk about it in The DaVinci Code.

After a bit of research I found out they made this law so the nazi's couldn't go snooping in Jewish bank accounts. Kinda neat.

[Ferox13]

After a bit of research I found out they made this law so the nazi's couldn't go snooping in Jewish bank accounts. Kinda neat.

Well they did find a swiss saftety deposit bos full of Jewish gold films too - so i guess it works both ways.

[massacre man]

There's a lot of holes in the system!

Boom boom Tssss

[urgeok2]

nowadays people just go to the Cayman Islands ... same thing
tax haven.