Why Is Swiss Banking The Best in the World?

Switzerland is famous all over the globe for its banking. But why is this the case? What's so special about Swiss banks?

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Switzerland is known for its global neutrality, wealth hub and home of the best world's banks. Swiss banking is a synonym for quality banking.
Even though times are changing banking secrecy is one of the pillars of banking in Switzerland.

But why is Swiss banking such a big deal anyway? How did Switzerland become a banking hub and a place where wealthy individuals from all over the world store money?

Well, one of the big reasons is Swiss neutrality. Throughout history Europe was quite an unstable and a turbulent place. Constant wars and social unrest meant that the rich could lose their assets practically overnight. So the idea was to store money where it was safe - and you guessed it right Switzerland was a safe place.
And this was only the beginning of the Swiss banking story.
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Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships.

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