Swiss Bank Account Safety: Security Measures Revealed
Channel: Caputo & Partners AG
Date: 2023-09-03

How to tell if a bank is safe? Many investors cannot tell if a bank is safe or not. Let me give you some safety criteria. Have a look at the balance sheet. Go for wealth management banks. Avoid banks involved in risky activities such as investment banking, trade finance, bank guarantees, letters of credit, etc. Pure wealth management banks are much safer than other banks. The Swiss private banks I recommend to my clients have a tier-one capital ratio of at least 20%. If you respect these simple criteria, your new Swiss bank account will be safe. I listed all Swiss private banks on my website Swiss-banking-lawyers.com. Check it out. I always advise my clients to not let the bank manage the assets. The banks are good for depositing your money. That’s it. The asset management must be outsourced to independent external asset managers. Most of the big family offices are doing the same. Why? Independent asset managers deliver better results. They make more money for you. What you need is a very safe bank and a capable and fair asset manager. If you like to discuss your Swiss bank account opening with me, just give me a call. Be rich and remain rich.