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