New Swiss Banking Rules: More Care in Receiving Private Money

Swiss banks and money institutions are famous all over the world for their security and their discretion.  The high rate of the Swiss Frank (sF), the politically and economically stable situation in this country and-last but not least- the Swiss bank secrecy, have cumulatively had the effect of attracting foreign clients who have been ready and willing to invest large sums of money in Swiss banks, although in different countries under different conditions, they would be able to get much higher interest.