Swiss Banks — Interesting Facts

The banks of this Alpine country have long had the reputation of being the most reliable in the world. In 1815, the Congress of Vienna adopted guarantees of Switzerland’s neutrality. Since then, she has not participated in any war in the world and her bank credit institutions have never been robbed. However, even under Louis XVI, one of the Swiss bankers, Jacques Necker, was so cool that he became the first person of the finance ministry of neighboring France!

The argument in favor of the reliability and transparency of the banks in this country is quite simple: they simply cannot go bankrupt because they do not participate in high-risk financial transactions. Currently, there are more than 400 private commercial banks in Switzerland. They possess a fabulous sum of over 49,000,000,000,000 Swiss francs.

Recently, a Swiss bank, Kartonal, conducted an audit of unclaimed accounts and found an unclosed account in the name of... Vladimir Ulyanov (!!), this is the well-known leader of the Soviet proletariat, Vladimir Lenin. He has only 13 francs in his account, which is slightly more than 280 “Russian” rubles. Another interesting point is that according to the UK Foreign Office, the Nazis’ gold reserves worth about 3-4 billion US dollars are currently stored in Swiss banks.

Swiss banks guarantee the confidentiality of banking information in accordance with the Banking Secrecy Act, adopted as early as 1713. The Swiss did not even lift a finger towards the French government concerning the details of the account as well as the history of transfers from the account of the Swiss citizen Yeslam Bin Laden, brother of “terrorist No. 1” Osama Bin Laden.