Which Bank to Choose in Switzerland?
As we explained in our blog on How to Open a Swiss Bank Account, it makes good sense for any individual to hold a significant portion of their assets in Switzerland.
But which bank should you choose?
Author: Michael Isenschmid
Personal Experience: How to Avoid Digital Rip-Offs
In April of this year, Reuters reported that Visa Inc. topped Wall Street targets for quarterly profits and raised its full-year earnings forecast as more people use credit cards worldwide to buy everything from gas to online goods.
Wie würde sich Ihr Portfolio verhalten im Falle einer Finanzkrise wie im 2008?
Die Aktienkurse sind im Jahr 2019 auf neue Höchststände geklettert. Haben auch Sie profitiert? Kennen Sie das Risiko Ihrer Anlagen (Worst-Case-Szenario)?
Can a trustee charge whatever he wants?
The answer is clearly a No and you should not pay exorbitant trustees fees. Trustees are entitled to “reasonable” compensation and state-of-the-art trust document normally explicitly provides for such in a separate charging clause.
Will a Swiss Trust Law Soon Become Reality?
Fiduciary businesses in Switzerland were cheering on April 26, 2018, when the Legal Affairs Committee of the upper house of the Federal Assembly of Switzerland — the Council of States (LAC-S) — approved the parliamentary initiative to introduce a Swiss substantive trust law.
How to Open a Swiss Bank Account
We feel it makes good sense for any individual to hold a significant portion of their assets in Switzerland. This is also a good idea even if it is only for diversification purposes and the main bank relationship or wealth is still held elsewhere.