How can I invest in Swiss bank
Today we will tell you about a bank whose name you must have heard at some time or the other. Today we will talk about Swiss Bank. Many people want to know about it, what is Swiss bank and how it works. To know in detail about Swiss Bank, read this article till the end. so let’s start.
What is Swiss Bank
Swiss banks are also like our banks in which you have this account, it also works like other banks, only the way of working of these banks is different. Union Bank of Switzerland is a major finance company in the world, it is known as Swiss bank all over the world. This company is the largest company in the world to handle any personal property.
Most of the money in this bank is of people who evade tax or want to hide their wealth. Most politicians and corrupt people have accounts in this bank. These people deposit their black money in the account to save them from the eyes of the government. But you must be thinking that after knowing all this, why the government does not catch these people, to know the answer to this question, you have to know all the rules and regulations of this bank which are mentioned below.
Although this bank is in Switzerland, but how powerful it is, it can provide its service all over the world. There are many such banks in Switzerland and these banks are called Swiss banks. Among Swiss banks, we named a bank as UBS, it is one of the top 3 banks in the world.
How to open account in swiss bank
Hearing the name of this bank, you must have felt that there would be many documents and rules to open an account in this bank, but it is not so that you open any general account in any bank, in the same way the account should be opened in this bank too.
And any person can open an account in this bank, in this bank you can open an account sitting at home, even a big bank like UBS also provides you the facility to open an account through Email. Nowadays, there are many such companies on the internet that help you to open an account in Swiss bank, whose name cannot be mentioned here. To open an account in these banks, you have to pay Rs 2,68,000 in the beginning. Apart from this, necessary documents have to be given.
Documents for opening an account with Swiss Bank
To open an account in a Swiss bank, you should have the following documents, which can be easily available, let’s know which documents are necessary.
Passport Copy – You must have a passport, it is mandatory.
Proof of Economic Background – You have to give information about how much money you have, how much property you have. You have to give all the information about what your family members do and what your ancestors used to do.
Proof of the origin of you deposits – You must have a copy of the original documents of all the accounts and properties you have, as well as the amount of deposits you have with you.
All rules and regulations of Swiss Bank
It must have come in your mind when everyone knows that people have black money in Swiss bank, yet why are those people not caught, then tell you this bank is in Switzerland and according to the rules and laws there. All banks have the freedom to work as per their wish.
The second thing is that a unique ID is provided to the Swiss bank account holder after opening their account instead of the account number. With the help of ID, account holders can deposit and withdraw money. No person’s name is used in this bank, even Swiss bank employees are not allowed to know their name or access the account holder’s data. He can do all the work only through the ID of the account holder.
Only certain officials of the bank have the right to see the information of the account holder of the Swiss bank, there is a rule in this bank that unless it is proved by any country that the account holder has black money, he can You cannot give the account holder’s information and the government there also supports that rule. If an employee of a Swiss bank tries to leak the information of an account holder illegally, there is a strict punishment for him.
If an account holder of this bank is found guilty, then the government of the country of which he is a citizen has to take permission from the government of Switzerland and if permission is given, then the government there gives a letter to the bank in which some special order After that the Swiss bank gives the full details of that person’s account to that country.
Who can give Swiss bank account information?
If the account holder of this bank dies, Swiss banks can give details of the account only to the rightful owner of that property. They can give information to such spouses and children who have the right from the court to know the status of their spouse’s account.
How to deposit or withdraw money in swiss bank
There is a special way to deposit or withdraw money in a Swiss bank. You are a citizen of any country, any currency of your country, but money is deposited or withdrawn in Swiss bank only in the form of Swiss Franc. Swiss Franc is the currency of Switzerland, even if you deposit money in Dollar Rupee or any other currency, first it will be converted into Swiss Franc, in return, Swiss Franc will be deposited in your account. It sets up the price of the Swiss franc.
Tax evasion is not a crime in Switzerland that’s why people deposit all their bank money in Swiss bank and get sure because quiz bank does not give any information related to account holder’s account in writing i.e. even if you want, you can check any person’s account. Cannot find information. That is why till date the government of our country fails to bring black money from Swiss bank.
In this article, we have given some important information about Swiss Bank. By reading this article, you can get complete information about Swiss Bank and what are the rules for opening an account in this bank. If you like this article or want any information about you, then you write us in the comment box.