Results: Swiss banks are charging millionaires to store their money!
Published on 10/21/2019
Instead of paying interest on deposits, Swiss banks are starting to charge wealthy customers to stash their cash. Credit Suisse (CS) said Friday that the bank would apply a negative 0.75% interest rate to balances above 2 million Swiss francs ($2 million USD). This means that if an individual client or business holds 3 million Swiss francs ($3 million) with the bank for one year, they would be charged a fee of 7,500 Swiss francs ($7,600 USD).
QUESTIONS
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Comments
1.
1.
Did you know that some Swiss banks charge a fees for storing your money with them?
Yes
16%
516 votes
No
84%
2628 votes
2.
2.
Do you think that the rich of your country hide money in Swiss bank accounts? Yes
68%
2132 votes
No
9%
271 votes
Undecided
24%
741 votes
3.
3.
Do you think that politicians of your country hide money in Swiss bank accounts? Yes
65%
2039 votes
No
9%
273 votes
Undecided
26%
832 votes
4.
4.
If you received a large sum of money would you pay a bank because they can hide your money without asking any questions? Yes
14%
452 votes
No
54%
1711 votes
Undecided
31%
981 votes
COMMENTS