Swiss Savings Account
Bank savings accounts are a critical part
of everybody's financial picture. If you need a safe place to keep
money, a bank savings account is often a good choice.
What is a Bank Savings Account
A bank savings account is a type of account designed to simply hold
money that you do not need immediate access to. When contrasted with
checking accounts, bank savings accounts tend to pay a slightly higher
rate.
Savings accounts offer easy access to your
cash. In other words, your money is liquid (meaning you can make
a withdrawal easily and quickly) in a bank savings account.
Swiss Bank Savings Accounts Grow Your
Money
When you have money in a bank savings account, your money earns
interest.
This is a nice feature. Your bank savings account pays a rate of return
on all the money in the account. That means that you get "paid" for
keeping your money in the account. If you were not going to use the
money anyway, then getting paid a little is better than nothing.
Bank savings accounts pay you more on your money than checking accounts.
Swiss Bank Savings Accounts are Safe
Bank savings accounts offer a safe place to keep your money. Suppose
that you have $1,000 and you're not going to use the money for another 3
months. You could do several things with the money. You could carry it
around with you, you could put it under your mattress, or you could put
it into a bank savings account.
The safest thing to do with your money is to put it into a savings
account. If you carry the money around with you, you might lose it. If
the money is under your mattress, your house could burn down or be
robbed. However, if the money is in a bank savings account, your banking
institution is responsible for the safekeeping of that money. If the
bank burns down, your money won't go with it, and any reputable bank
will not just lose your savings.
Furthermore, you earn interest on the money in a savings account. You
don't earn interest on cash that is sitting under your mattress.
Imagine the consequences if you didn’t use a bank savings account. You
could miss your mortgage payment, for example, or you could wind up
having to work when you’re unable to work.
More details:
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Account only available in EUR and CHF
(both currencies on the same account)
You stipulate the level of your deposits
and dispose of them flexibly
Interest are credited monthl
Free account management.
No credit or debit Card available, it is
only a Savings account. If you require Credit card you have to open also
a Checking account.
24/7 real time information
Liquidity management tools for long term
investments.
Interest rate are over 1 % per year
(usually Swiss account interest is 0.5 percent). Taxes are now this
year, will pick up probably next year!
Online banking is available in English, German, French and Italian.
High Secure login. With this account you
are only allow to send wire payments to other account at your name only.
You need a Notarized Passport or ID Copy. Apostille is not required.
You will received your welcome kit in FedEx within 1 week after your
order.
Your account number will already be
included in the package.
What you need to do is to return a
notarized passport copy to the bank and your account will be fully
activated.
Online banking information will be sent to
you after they received your notarized passport copy.
Due
Diligency on Swiss Banks |
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