Whenever there a fraud in our country, we often hear about SWISS BANKS and also our government tells us many times to bring back the Black Money from the SWISS BANKS . So, what makes Swiss banks different from other Banks?, and why convicted Rich people overwhelmingly prefer Swiss banks as an idle destination for hiding their Black Money. SWISS BANKS ARE IDEAL FOR BLACK MONEY. ⦁ THE BANKING LAW OF SWITZERLAND. Account Details are not disclosed to anyone. As per the Banking Law of Switzerland , the bank officials are not allowed to reveal the official name and other personal details of the Accountholders to anyone without the official permission of the Government , they are revealed only on the special instructions from the Swiss Court and the court passes such instructions only when there are criminal charges against the Account Holders like Moneylaundering , Fraud, etc. So the accounts maintained with the Swiss
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