The legendary privacy of a Swiss bank account is one of the main reasons for wanting it. The Swiss legislation is one of the tightest in the entire world as far as who can gain access to a personal bank account. If you need a way to protect assets from snoops, a Swiss account is the ideal choice. Unlike the legal system of most countries where law enforcement agencies, the judicial system, and private citizens can obtain access to almost all kinds of financial data, under Swiss law, except for extraordinary circumstances neither the bank's officers nor the bank's employees are allowed to disclose any information, relative to any account to anyone, including the Swiss government. The Swiss banking secrecy prohibits Swiss banks from revealing the very existence of a personal bank account or disclosing information about it to any individual, corporation or government. (Swiss banking secrecy can exceptionally be lifted in such cases as organized crime activities, drug trafficking, terrorism, money laundering, etc. Since tax evasion is not legally viewed as a crime in Switzerland, never is it a reason to lift the Swiss Banking Secrecy. Should any employee of a bank breach this secrecy the same would be personally liable and might face prison sentence and a heavy fine. Switzerland holds an estimated 35 percent of the world's private and institutional funds, or 3 trillion Swiss francs. Switzerland is a safe haven economically and politically, and has not been involved in any war for over 200 years. Although the banking activity has two principal centers, Geneva and Zurich, many other cantons participate in the banking industry. The banks in Switzerland are regulated by the Federal banking commission. Banks are licensed by the Swiss Federal Government through its Banking Commission, and may operate throughout the country.

The Swiss banking system is probably the best in the world. Bankers have a know-how that is recognized all over the world.