Bank client confidentiality
If there is one distinctive feature of the Swiss banking system, it is bank client confidentiality.
Bank client confidentiality protects the privacy of the client, not the bank. It is thus a form of professional discretion comparable to that exercised by lawyers or doctors.
For more information on the subject, the following websites treat different aspects of banking confidentiality and its limitations:
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Swiss Bankers Association
www.swissbanking.org/en/home/themen-geheimnis.htm -
Federal Department of Finance
www.efd.admin.ch/dokumentation/zahlen/00579/00607/00621/index.html?lang=en -
Groupement des Banquiers Privés Genevois - FAQ:
http://www.swissprivatebankers.com/en/faqs/banking_privacy -
Clip: 'Le saviez-vous? Secret bancaire'
http://www.youtube.com/watch?v=vIl9vGQ84J0