Localfund.com - All about Fund and Investment
*Home>>>Investment Bank

How do you investigate whether a Swiss bank is trustworthy?


I Googled "best CD rates in the country" and found a Swiss bank that pays up to 12% for a 5-year CD. How can I investigate whether this is a safe investment?

Institutes with a Swiss banking license are very trustworthy and professional.

Therefore many doubtful offers in the world claim to be Swiss banks although they do not have anything to do with a Swiss bank.

Here the web-page of the Swiss Federal Banking Commission where you can find a list of all authorized institutions:
http://www.ebk.admin.ch/e/institute/inde...

12% for a 5 year CD doesn't sound trustworthy. You must keep in mind that higher interest rates always means higher risk. I bet you won't find the instituiton on the commission list.

All Swiss banks are trustworthy

i would listen to flip that house.

Tags
  Investment Group   Investment Firms   Investment Company   Investment Calculator   Investment Bank   Investment Advice   Investment Account   Invest Money   Invest in Gold
Related information
  • What would you do if you had $70,000 cash in the bank?

    Pay that mortgage off and buy some 5% cds right now. Then if an emergency arises you can get the money if you have to.

    ...
  • Why shouldn't the USA have a national bank?

    England also has private banks. The US has a national bank - the Federal Reserve - but they operate as regulators, not as a traditional bank. There are tons of benefits to free-market banking: 1...

  • I banking qualifications?

    You should preferably have a bachelor's degree in finance, though generally you can get a job with most degrees. While having a degree from a prestigious school can make a small difference, it...

  • Private money lending for 39 unit investment property?

    I have a lender that can set you up with capital/equity partners if you are interested. Sometimes its the best way to go if you don't have the cash to put in the kitty. I can put you in touc...

  • Should I buy & take over payments on my Mom's house? The house will go to the bank if I don't...?

    It is a good thing to fall in love with the deal and not with the house. If the house appraises well over the balance owed on your mother's loan, you might seriously want to consider buying i...

  • Quantity:$1000US...Best method to make the largest and quickest return? On Which investment?

    Options or futures will give you the greatest leverage with the greatest risks as well.

    ...
  • Career in banking ?

    They are related fields and this experience definitely will help you!!!!!!!!!!!

    ...
  • How do I find Bank Owned Property to buy for real estate investments?

    1, You can contact the banks and ask how they deal with REO property (REO - Real Estate Owned by the bank). 2. You will likely find that they list all their property with specific agents. It is ...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster