How do you investigate whether a Swiss bank is trustworthy?

Question

I Googled "best CD rates in the country" and found a Swiss bank that pays up to 12% for a 5-year CD. How can I investigate whether this is a safe investment?

Answer 1

Institutes with a Swiss banking license are very trustworthy and professional.

Therefore many doubtful offers in the world claim to be Swiss banks although they do not have anything to do with a Swiss bank.

Here the web-page of the Swiss Federal Banking Commission where you can find a list of all authorized institutions:
http://www.ebk.admin.ch/e/institute/index.html

12% for a 5 year CD doesn't sound trustworthy. You must keep in mind that higher interest rates always means higher risk. I bet you won't find the instituiton on the commission list.

Answer 2

All Swiss banks are trustworthy

Answer 3

i would listen to flip that house.