Many believe that the Swiss bank may be of interest only to millionaires, officials or criminals who need to hide their illegally obtained, wealth.Or the famous and public entities that do not wish to advertise their incomes for one reason or another.But in fact, by one of the Swiss banks can open every adult.
What do I need to open an account in a Swiss bank
More recently, Russian citizens could make a contribution to the Swiss bank only after obtaining special permission from the Central Bank.The only exceptions are those citizens who are temporarily residing abroad.But since 2003, the Russians have the opportunity to open a bank account in Switzerland, regardless of where they live.From this year the Central Bank began to work instruction number 100 and "About accounts of resident individuals in banks outside the Russian Federation."According to her, they have the right to open bank accounts in foreign countries or branches located in the States in the Organization for Economic Cooperation and Development.
In June 2004, entered into force a new law on currency regulation, thanks to which Russian citizens were able to use the custody services to banks in other countries.It is worth noting that to open an account in a Swiss bank and keep the money it can only obtain permission from the tax office in the community.
For what purpose you can use a Swiss bank account
According to the instruction number 100-I, a bank account, you can open foreign states to conserve cash.For purposes related to business activities, and to serve the business, you can only use the services of Russian banks.
How to open a bank account in Switzerland
It can make any person or entity.Your account will be serviced in almost any currency of the world, though many prefer the euro, US dollar, Swiss franc and British pound.Some banking institutions account can be opened by mail.The bank will send you a receipt and all required conditions.In fact, the process of opening an account in person or by post almost identical.The only difference is that the design of the mail account you need to provide the Bank with copies of documents previously notarize.
sample list of data that you need to provide to open an account in Switzerland
Swiss bank requires its potential investors the following information:
- clients' personal data, namely name, country, address, place and date of birthand nationality.
- data on the activity.
- Copies of the first four pages of the passport.
- Copies of recent receipts for payment of utility services, which include your name.Receipts should also notarize.
- documents confirming the source of the funds in the account.
Where can I open an account in Switzerland Swiss bank
offers clients a wide range of services, with fully guarantee confidentiality.Each banking institution, however, has its own peculiarities of opening an account.First you need to decide for what purpose you open it.When choosing what to give preference to the bank, you will in any case have to balance the ability to trust account management and privacy.
Banks in this country are guided by quite strict rules on the procedure for opening accounts.If the Swiss bank you selected has a branch or subsidiary in Russia, you'd better contact with these agencies.If the representative of the bank in Russia is not, you will need to apply directly to the bank in Switzerland which will orient the future direction of your actions.
How much is the opening of bank accounts in Switzerland
to keep the money in a Swiss bank, enough 350-550 dollars plus the amount of the initial deposit.Commission banks in this country are quite reasonable, and the interest in Swiss banks, is generally higher than in other countries.Accounts opened for trust management system annually brings to the owner of 8 to 15% of profits.For the convenience of controlling many banks use technological innovations, in particular, investment strategies and Internet banking.
Quite often when opening an account set minimum threshold of deposit in the amount of one hundred to two hundred thousand dollars.But there are banks that are willing to open active accounts with a much smaller amount.This also applies to bank charges and fees.The greater the contribution, the more flexible terms offered by the bank about the requirements and minimum limits.It is worth noting that any financial institution located in Switzerland, paying dividends and interest under the law, obliged to withhold income tax at the rate of 35%.
tax is paid at the place of receipt of funds.Foreign nationals have the right to claim compensation tax paid by them if the country in which they are located, has signed an agreement with Switzerland on avoiding double taxation.
What are the reasons you may be refused to open an account
In most cases, application for opening a Swiss bank account in Moscow takes, but there is a separate category of clients who are still denied.For example, a financial institution can not allow people to open an account, which, as customers may adversely affect the reputation of the bank.Also in the opening of the account may be denied in case of doubt as to the veracity of the information about the origin of funds of the potential client.The legislation of the country banks are prohibited to take money if they knew or even just assumed that the money obtained illegally or crime.Many private banks to open depository accounts necessarily require a recommendation or a special invitation from the current client.
Private Banking
service "Private Banking" (Private Banking) is available for persons who hold Swiss bank exceptionally large assets.This service is called private, as clients receive individual, a higher level of service than that offered in the mass retail establishment.Typically, Private Banking is available to people who are planning to make a contribution of one million dollars, but there are some private financial institutions that provide this service to customers, investing a modest amount - 50-100 thousand dollars.Private Banking services include advisory information regarding the characteristics of the asset management, including on investments and tax planning and all sorts of events.Many private financial institutions to refuse to work with people without special invitation from someone who already is their client.It should be noted that investment and retail services offer Swiss banks, but they are often quite far from the level that is noted in the service of private financial institutions.
