Tag Archives: Swiss franc

The Times Of India – Swiss Bank Come Up With New Safe Haven – 2 July 2012

Swiss banks come up with new safe haven
(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