Eli5 Swiss Bank/Off Shore Accounts

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Are the terms Swiss Bank accts and Off Shore accounts interchangeable or do they have specific differences?

I know I’ve heard of these types of bank accounts in movies and true crime podcasts, but I don’t know what they mean or why someone would move their money to a bank in a country where the person does not live. How does that benefit the person? Can anyone just get a Swiss bank acct?

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Anonymous 0 Comments

Search for “Suisse Secrets”. There is a leak coming from the second biggest bank in Switzerland (Credit Suisse) which is handling trillions of dollars and investigations exposed that a lot of money from corrupt third world countries is or has been parked at Credit Suisse.
Credit Suisse has Stores in a lot of countries but you can even come to Zurich airport and go into their store to hide your money without having to leave the airport.
There are even reports from people singning contracts to hide their money in some off shore constructs with the help of credit suisse and those people went into an elevator that didn’t have any buttons inside but was instead remote controlled.

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