The Swiss banking system is recognized as the most reliable and stress-resistant in the world. Its status is confirmed by the highest credit ratings AAA awarded by all reputable international rating agencies. Banks are very scrupulous in the KYC, verification, due diligence procedures when considering applications, especially filed by non-residents. On the one hand, this is how they minimize their risks. On the other hand, when they know their clients well they can better protect clients’ assets and interests. The Swiss self-regulated system of depositor protection safeguards the depositors’ assets and secures the banks’ sustainability. There are many intricacies to be aware of, but it is one of the most reliable depositors protection systems. It has been very rarely used because the chance of any Swiss bank going bankrupt is negligible.