Where is swiss bank situated and what is its speciality?
Asked by fardeen, 22 Feb '09 03:25 pm
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There are many Banks in Switzerland. They maintain bank account number and do not disclose the names of the customer. Banking in Switzerland is characterised by stability, privacy and protection of clients' assets and information. The country's tradition of bank secrecy, which dates to the Middle Ages, was first codified in a 1934 law. All banks in Switzerland are regulated by the Federal Banking Commission (FBC), which derives its authority from a series of federal statutes. UBS came into existence in June 1998, when Union Bank of Switzerland, founded in 1862, and Swiss Bank Corporation, founded in 1872, merged. Headquartered in Zrich and Basel, it is Switzerland's largest bank.Answered by Kishenjit Sinha, 22 Feb '09 03:29 pm
Switzerland .It allows operation of secrect accountsAnswered by Damodar Biswal, 22 Feb '09 05:47 pm
In switzeland, only account holder will operate, no one else.Answered by SACHIN BHATIA, 22 Feb '09 03:27 pm
In switzerland it is the king of the banksAnswered by Anand Agarwal, 22 Feb '09 03:26 pm