Open a Swiss bank account

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Introduction If you open a Swiss bank account you will have to agree to the terms and conditions of the bank. Swiss banks have tons of common clauses that they use in their terms and conditions. One of them is the approval fiction clause. According to this clause the account holder is considered to have approved the monthly bank statement if he does not contest it within thirty days. This… Read More »Open a Swiss bank account

Cyber crime on the internet part 1 of 2

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Introduction Despite of all cyber crime on the internet, the Swiss banking system is one of the most important in the world. It enjoys a good reputation. This is based on the political and economic stability of Switzerland. It is no wonder that many bank clients entrust their money to Swiss banks. In recent years, cyber crime has risen sharply. It was therefore only a matter of time before the… Read More »Cyber crime on the internet part 1 of 2