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Privacy

The Swiss believe that any legal security and the constitution's guarantee of protection for private property can be truly effective only if the individual's financial circumstances are shielded from gaze or intrusion of unauthorised bodies.

This need for confidentiality is provided in Switzerland by statutory secrecy for the clients of Swiss banks.

For this reason, in Switzerland one can also have one's account identified by a number only. Not because Swiss bank managers see their customers as numbers. On the contrary, numbered accounts are simply an added security measure in preserving the client's justified entitlement to discretion. This ensures that, apart from yourself, only one person knows your financial situation: the guardian of your monetary interests, your Swiss bank manager.

And it is good to know, too, that bank secrecy in Switzerland is not just a right but a duty which every bank employee is legally obliged to fulfill. Any infringement and he will be prosecuted.

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EXCELLENCE IN BANKING
Reliability
Efficiency
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Privacy
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INVESTMENT MANAGMENT
A Unique Service Culture
Tradition
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Confidentiality
Exceptional Security
Optimum Performance
Ranked Among the Best
The Impact of Research
Transparency and Competitiveness
Institutional Successes
   
Swiss Banking Secrecy
Banking Secrecy
The identity of client
Origin of banking secrecy
Domestic Law: Procedure
Preserving Documents
Marriage
Protection of Personal Data
Tax Authorities
Foreign Banks
Criminal Law
Funds Derived From Drug-Trafficking
The Exercise of Due Diligence
Money Laundering
Conclusion
   
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