Swiss bank account

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Swiss bank account

A bank account held in Switzerland. Such accounts are highly confidential and are only identified by a number, rather than the owner's name. I suspect they're putting the embezzled funds into a Swiss bank account because we haven't been able to trace it. How are we going to get information on this transaction if it's going into a Swiss bank account?
See also: account, bank, Swiss
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References in periodicals archive ?
The bank said that Gulliver is using a Swiss bank account to hold his bonuses.
HSBC says it chief holds Swiss bank account
They added that merely having a Swiss bank account did not prove any wrongdoing.
All words no weight
And this resulted in a dramatic step that stunned many Swiss: On March 13 (a Friday), Swiss Finance Minister Hans-Rudolf Merz announced Switzerland would abolish banking secrecy in order to assist other countries that are pursuing citizens believed to have hidden money from tax authorities in a Swiss bank account. Sacrificing Swiss banking secrecy--the unimaginable had happened.
Cracking Switzerland's best-kept secret: as solid and secure as the Alps: this was the reputation of Swiss banking secrecy. But even the toughest mountain can crack. Similarly, a banking secrecy law can be overturned. See how U.S. authorities shook the very foundations of Swiss bank UBS, alarmed and galvanised the Swiss government, shattered world-renowned Swiss confidentiality--and brought about the end of an era
Why is it so appealing for people to have a Swiss bank account?
Swiss banking spokesman: Swiss News meets James Nason, head of international communications for the Swiss Banking Association, the trade associations for banks
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