Alternative to the old Swiss Codename Bank Account

Unfortunately, Swiss code-name accounts are no longer available. For many years, the famous Swiss “numbered” bank account could also be opened under a code name. For example, “Donald Duck” or “Poseidon”. These days banking regulations no longer allow banks to open new code-name accounts.

The best alternative today would be to set up a Trust. You can open a bank account in the name of an Offshore Trust. A Trust is a secure structure that has been in use for centuries but is more relevant than ever today and when structured by experts it offers full compliance with international regulations as well as a high degree of privacy and identity-theft protection.

For further details of Offshore Trusts contact Offshore Pro Group today!