Swiss accounts

Numbered offshore deposits

Swiss accounts are bank accounts held in Switzerland, historically valued for their strict secrecy laws that protected depositors' identities from foreign governments and tax authorities.

The phrase often implies hidden wealth or financial discretion: The politician was rumored to have millions stashed in Swiss accounts.

International pressure has eroded Swiss banking secrecy since the early 2000s, but the term retains connotations of concealed assets and tax avoidance.

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offshore · Zurich · Geneva · tax · tax evasion · haven · private · confidential · vault · wealthy · deposits · hidden · safe deposit · anonymous · laundering · dirty money · shell companies · discreet

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