The security of your funds is a major issue today -- especially with all the turmoil of the US banks.
If you don't feel your money is safe, you won't be able to sleep at night.
In today's troubling times, having access to your cash and knowing that it is safe is the most important aspect of security.
It really doesn't matter how much money you have, what's important is that you have access to it when you want it and you know that it is safe.
We have all heard of Swiss bank accounts, but what does this type of account provide? You need to seek out a financial institution that has a reputation of taking care of customers that live in other areas.
You should know that there are several banks that are well known for this.
The two major banks are the Swiss Credit Bank in Zurich and the Union Bank of Switzerland.
It should be noted that the Union Bank of Switzerland is under investigation by the US Justice Department, who wishes to have information on the people who are investing with them that reside in the United States as there are many and the numbers are growing! If you are interested in having a financial relationship with one of these intuitions, you will need to approach them personally.
When you make contact and express the type of relationship you are looking for, they will provide the appropriate documents to set up an account.
Your signature will need to be validated by the Swiss Consulate or a bank that they are associated with in the States.
If are looking for security and a safe place to invest, it is well worth the time as these two major banks are accustomed to security issues and will protect their customers' privacy.
Depositing funds in a Swiss bank account is relatively simple.
You can send a wire transfer or a cashierís check directly to the bank for a deposit.
The bank that you select may also have other options for you as well.