We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Swiss Bank Accounts -Which are the best?

Options
2

Comments

  • brasso
    brasso Posts: 797 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    What sort of "privacy" are you after?

    Your average UK bank account is hardly public, is it?

    What else do you need, exactly?
    "I don't mind if a chap talks rot. But I really must draw the line at utter rot." - PG Wodehouse
  • jimjames
    jimjames Posts: 18,674 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Mercadier wrote: »
    I don't know. I don't have a lawyer and an accountant yet, I'll ask them what I should hide.

    And no money yet either? Seems totally pointless making preparations for something that may never happen and is not relevant at the moment.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Mercadier
    Mercadier Posts: 11 Forumite
    Seems totally pointless making preparations for something that may never happen
    :T hahaha very good.
  • Mercadier
    Mercadier Posts: 11 Forumite
    So, philosophy aside, what are the best Swiss banks to go for?
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    Mercadier wrote: »
    So, philosophy aside, what are the best Swiss banks to go for?

    How long's a piece of string?

    How much do you want to put into a swiss bank account when, for how long, and why?
  • Mercadier
    Mercadier Posts: 11 Forumite
    How much do you want to put into a swiss bank account when, for how long, and why?
    I want a place to shelter my money until I can figure out what to do with it. I want privacy from everyone except my bankers.
  • MoneySaverLog
    MoneySaverLog Posts: 3,232 Forumite
    Has has been pointed out previously there is no such thing anymore. Even the Swiss have agreement with UK government to provide details of offshore accounts now.

    I quote our Exchequer "I regard tax evasion and – indeed – aggressive tax avoidance – as morally repugnant" and I have to say I agree with him.
  • My knowledge is limited, admittedly. However, my understanding is that, these days, the Swiss bank account you read about in novels, or mentioned in films, doesn't exist anymore.
  • Mercadier
    Mercadier Posts: 11 Forumite
    I quote our Exchequer
    I'm sure it's a good idea to marvel over the financial philosophies of a public sector employee but I think I would rather draw influence from some real money-makers.
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    As this post from the OP confirms, (s)he is after tax avoidance.

    Nice to see that such people will have nowhere to hide in the UK.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.