Building Nestsureย โขย 29d
I recently came across a post of Swiss Bank offering and thought why not let you guy's know what Swiss banks really are. ๐ถ Why Swiss Banks Attract Black Moneyโand What You Should Know ๐ฏ Ever wondered how Indian black money ends up in Swiss vaults? It's not magicโit's banking architecture. ( Not only Indian, almost all countriesblack money end up here ) ๐ก๏ธ Well maintained Secrecy Swiss banking offer's absolute confidentiality. Even today, traces are shared to other goverment on mere suspicion. That ultraโtight privacy has long fueled the flow of unreported funds abroad. ( I say it's kind of good stuff, we all might need to use swiss bank one day๐คง , waiting for that day ) ๐ Sophisticated Routes Money is often moved by a shell companies or offbsore accounts with layer security until it lands securely in Swiss banks. The complexity of these process makes tracing the original source imposible ( Obviously, one of the main use ๐ ). ๐ Stable Infrastructure Switzerland stands neutrality in everything and their secure banking systems offers are like safe haven for funds, no risk of volatility or political / governmental interference. ( Which india should learn ๐ช ) But according to few sources they say that now Swiss banks have made stricter rules because of global pressure, Today most of the accounts needs genuine KYC and tax statements of their own home country ( I'm not sure of this but yea i have read few articles previously which stated these I don't remember which are those articles, if i find those I would add the source in this post ! ). ๐ต Conclusion : ๐ง What are Swiss Banks? Swiss banks are banks based in Switzerland, known for their banking secrecy laws, stability, and discretion. ๐ Why do people keep money there? Strong Privacy Laws: Swiss law protects client identity unless itโs a criminal case. Political & Economic Stability: Switzerland hasnโt been in a war for centuries. Itโs neutral and stable. Hard-to-Breach Security: Ultra-secure infrastructure. Global Trust: Swiss Franc (CHF) is considered a safe haven currency. Tax Planning (Legal & Otherwise): Wealthy individuals and corporations use it for asset protection and estate planning. ๐ฃ But isnโt it shady? Not always. Yes, Swiss banks were once infamous for hiding black money. ๐ง So what's the real takeaway? Swiss banks arenโt just about hiding money. They're about preserving it in the worldโs most stable vaults. I have even heard that A personal account won't have any name, just a account number and a key for it ( Digital key obviously ) ๐๏ธ *This Post adhers to all community guidelines* *The image used below is sourced from Google images* * The content is based on own knowledge gathered by few articles and YouTube videos, the main YouTube video is of Nitish rajput, you can check it out too*
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ZeroBizzย โขย 1m
๐กHow Do Banks Really Work? Here's a Simple Visual Guide! ๐ฆ 1๏ธโฃ Banks take deposits from customers at ~4% interest. 2๏ธโฃ They lend that money to borrowers at ~10% interest. ๐ฐ The 6% spread is their profit. ๐ Key Banking Terms You Should Know:
See MoreHey I am on Medialย โขย 10m
Concept validation needed ? India is full of black money and many people has lot's of Courrupted black money but most of them are try to making it white but the main problem is that government agencies are tracking them easily and now it's really h
See MorePassionate about Pos...ย โขย 2m
8 Startup-Friendly Banks in India 1. YES Bank Startup Banking https://www.yesbank.in/business-banking/startup-banking 2. HDFC Bank SmartUp https://www.hdfcbank.com/personal/pay/cards/startup-services/smartup 3. ICICI Bank InstaBiz for Startups htt
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