Swiss account
Numbered foreign deposit
A Swiss account is a bank account held in Switzerland, long associated with secrecy, tax avoidance, and hiding wealth from governments or creditors.
Swiss banking laws historically protected account holders' identities, making the phrase shorthand for hidden money: The dictator had millions stashed in Swiss accounts.
The term often implies illicit or at least questionable financial activity.
- offshoreAway from land
- bankingFinancial institution transactions
- bank secrecyProtected account holder information
- secrecyPractice of hiding information
- numberedAssigned figures for order
Zurich · vault · safe deposit box · hidden · tax haven · tax evasion · money · dirty money · deposits · private · confidential · financial privacy · laundering · black market · shell company · wealth · old money · anonymous
- financial crimesbank fraud, wire fraud, securities fraud, tax fraud, insurance fraud
- tax shelterstax shelter, 401(k), 401k, IRA, Roth IRA
- anonymityanonymity, alias, pseudonym, incognito, hidden identity
Swiss, account, Switzerland, accounts, accounting, accountant, accountable, accountability, accounted