How does one open a Swiss bank account? Is it as difficult as they say? Do you have to be a millionaire? Does it really take months and months of waiting for paperwork and applications to clear? Well, it could, if you did it the old way.
It used to be that in order to open up an offshore banking account in Switzerland, you had to be among the well-to-do, know and deal with the higher office bankers involved with international banking, have a rather large minimum deposit ready, fill out tons of paperwork, and wait for many months as the applications go through all of the international red tape to get cleared before you had an actual offshore account.
So how about now? These days, now that we have the internet at our beck and call, we can actually have access to offshore banks and their services, yes, even those in Switzerland.
We can find access to all of the paperwork, and, due to the ability to use electronic means to get things done, we need not wait many months, but merely a few short weeks to get such paperwork and other applications involved through the processes needed to open a Swiss bank account.
What's more, is that there are a vast amount of Swiss banks that offer their services internationally, with all of the privacy and protection that's offered to millionaires, even to those of us who are not so well off, and without a minimum deposit requirement.
It's never been as easy to open a Swiss bank account as it has become for us in this day and age.