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Switzerland has banking laws that allow privacy.

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7y ago
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8y ago

The privacy.

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Q: Why is Switzerland seen as a safe place to keep money in the bank?
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Related questions

What is a bank of fish?

A bank of fish typically refers to a large group of fish swimming closely together. This behavior can provide protection from predators, increase the chances of successful feeding, and aid in navigation. The term "bank" is used to describe the collective group or concentration of fish in a particular area.


How do you use the word bank in sentence?

A bank is the safest place to keep your money.


What is a good place to keep money besides a walet?

money box or a bank.


Where does a bank keep money?

Banks keep their money in safe vaults. A portion of their money is deposited with the central bank of the nation too.


Are you allowed to keep a lot of money at home?

You can keep a lot of money at home if you want to. As long as you have legally earned money, you do not have to keep it in a bank. It may be safer in a bank but you can keep it in your home.


Why do you receive interest on money that you keep in the bank?

The bank is paying you (compensating you) for the use of your money. When you borrow money from the bank, you pay them interest.


What might a typical southern farmer have said about the National Bank?

"it cant be safe to keep all that money in one place"


Where do pigs keep their money?

They have their own bank.


What do bankers use spreadsheets for?

To keep track of how much money someone has in their bank account. To keep track of how much money someone has in their bank account.


Where did the river keep all its money?

At the river bank


What does an accountant do in a bank?

He has to count everybodys money in the bank and keep an record on how much they spend.


Is it better to have a bank account or keep your money at home?

It is better to keep the money in a bank account because:The money will earn an interest which will be an additional income for youThe bank will grant loans to other customers who need the moneyThis money will be used by those customers for their business needs