How strong is Swiss banking secrecy in 2023? Here is the truth!

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Nowhere in the world is financial privacy as strongly protected as in Switzerland. That’s according to the “Financial Secrecy Index 2022”. But many claim that Swiss banking secrecy is dead. I grew up with Swiss banking secrecy. Thanks to my 30 years of professional experience as a lawyer in Swiss banking, I know exactly how strong Swiss bank secrecy used to be and how strong it is today.
After reading this article, you will know exactly when you are protected and when you are not

Time Stamps

00:00 Swiss banking secrecy definition
01:27 What does the Swiss bank secrecy act cover?
01:59 Where are the Swiss banking secrecy laws codified?
02:19 Does Bank secrecy still exist in Switzerland?
02:38 Swiss banking secrecy history
03:23 The golden area of the Swiss numbered account
04:45 Countries with wild west banking
06:02 Swiss banking secrecy has ended for tax matters
07:06 What changed after the end of Swiss banking secrecy?
08:02 Swiss banks are not interested in collecting money from tax dodgers
08:35 Why are Swiss banks so popular?
09:46 Scandals like "Suisse Secrets" are legacies from the old days of wild west banking
11:09 Swiss bank secrecy laws today?
12:18 When can Swiss bank secrecy be lifted?
15:47 How strong is financial privacy in Switzerland?

Discover the safety criteria of a bank. How to tell if a bank is safe or unsafe.

Read the most detailed Swiss bank account opening guide on the internet:

Find out how to choose an honest financial advisor:
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According to the "Financial Secrecy Index 2022" Switzerland has the second strongest financial privacy protection on the planet. USA is number one with financial privacy protection for the first time in 2022.

SwissBankingLawyersZurich
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If for example someone lives in italy, or Greece, and these countries make money laundering investigation against a politician, if they ask access to this politician swiss acounts, will these swiss banks give info? Or only for tax evasion?

vaggelisrizos
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When you say about opening account and the client background that means if the family and parents of the client are rich also?

sarantospapadopoulos
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Mr Caputo, can you explain how money goes missing in countries without automatic exchange of information. And can you help recover it ?

soulaimanraiss
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What about divorce. You usually have to devolge all assets and if found out a court order is issued. If I devolge the Swiss account, is the bank account still safe.

lcmr
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One day I would like to open a Swiss bank. Just for the reason that my grandpa was a Swiss!

jjauger
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Can you also assist with obtaining an SBLC and monetization?

MediaCreators
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So what happens with my protected wealth in Switzerland if my native governments becomes like USA or Australia i.e I am taxed on my worldwide income because I am a citizen? Or if my native country introduces a global wealth tax of 10 %? Of what use is Swiss asset protection then??

IwillEndureToTheEnd
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سلام
ساهمت مع شركه محتاله وراحت اموالي
كيف يمكن مساعدتي

kfewbli
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bonjour a votre cabinet parlez vous Français?

jeanrenevitry
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Saving money with swiss banks is legal. But, hiding money is not.

ppvqlbn