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Swiss Banks
  • 1. What is the currency of Switzerland?
A) Euro
B) Dollar
C) Swiss Franc
D) Pound
  • 2. Which Swiss bank is the largest in terms of assets under management?
A) Credit Suisse
B) Zurich Cantonal Bank
C) Julius Baer
D) UBS
  • 3. What is the name of the Swiss central banking institution?
A) Swiss Monetary Authority
B) Swiss Central Bank
C) Swiss National Bank
D) Swiss Federal Bank
  • 4. What is the common term used to refer to Swiss bank accounts opened by non-residents?
A) Offshore accounts
B) Numbered accounts
C) Foreigner accounts
D) Secrecy accounts
  • 5. Which Swiss city is considered a major financial hub?
A) Bern
B) Geneva
C) Basel
D) Zurich
  • 6. What is the tax status of interest earned on Swiss bank accounts for non-residents?
A) Automatically reported to tax authorities
B) Subject to normal income tax rates
C) Not subject to Swiss tax
D) Subject to a flat tax rate
  • 7. What is the capital city of Switzerland?
A) Basel
B) Geneva
C) Bern
D) Zurich
  • 8. What is the regulatory body overseeing Swiss banks?
A) FCA
B) SEC
C) FINMA
D) BaFin
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