Thursday, March 03, 2011

A Swiss Bank Account for the Rest of Us

Having diffiuclty meeting those private client investment minimums after selling out in early 2009?

Perhaps your UBS account is being audited by the IRS ....

Well fortunately, you can still have a " Swiss Bank " account - though it might not be quite as secure as a vault deep under Zurich. The good news is, you won't have to worry about your banker recieving margin calls on structured finance vehicles, and the zero percent interest you receive won't be materially different from what you get from your "regular" bank.

One piece of advice though, fill it with Swiss francs, not dollars or euros .....

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