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Safe country, stable democracy, really professional banking services, banking confidentiality (except with major fraud) - and of course, there are excellent transport connections from/to Switzerland plus many languages are spoken in Switerland (most bankers can speak English as well).

2007-02-03 21:57:08 · answer #1 · answered by swissnick 7 · 0 0

Not sure that is actually accurate. But if you want to know why Swiss banks are so popular, it's several factors, but mostly because it's a stable, neutral country so your money is as safe as it can be relative to many countries. As recent as the 70's it was a great place to hide money because Swiss banking laws favored privacy & discreteness above everything else (although it's not as mysterious working with Swiss banks anymore as they report suspicious activity to internatioal authorities like everybody else).

2007-01-31 15:02:22 · answer #2 · answered by rj_kosinski 2 · 0 0

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