
(According to industry sources, bankers are telling their rich clients that Switzerland’s pacts with India and other countries do not apply to the safe deposit boxes. )
NEW DELHI: Amidst a global crackdown against alleged black money in secret Swiss bank accounts, their bankers are selling a new safe haven idea to their rich clients from India and other countries — the high-value 1,000 franc notes to be stored in safe deposit boxes. Continue reading