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Swiss Banks
  • 1. What is the currency of Switzerland?
A) Euro
B) Dollar
C) Pound
D) Swiss Franc
  • 2. Which Swiss bank is the largest in terms of assets under management?
A) Zurich Cantonal Bank
B) Credit Suisse
C) UBS
D) Julius Baer
  • 3. What is the name of the Swiss central banking institution?
A) Swiss Monetary Authority
B) Swiss Federal Bank
C) Swiss National Bank
D) Swiss Central Bank
  • 4. What is the capital city of Switzerland?
A) Basel
B) Geneva
C) Zurich
D) Bern
  • 5. What is the tax status of interest earned on Swiss bank accounts for non-residents?
A) Automatically reported to tax authorities
B) Subject to a flat tax rate
C) Subject to normal income tax rates
D) Not subject to Swiss tax
  • 6. What is the regulatory body overseeing Swiss banks?
A) FINMA
B) BaFin
C) SEC
D) FCA
  • 7. Which Swiss city is considered a major financial hub?
A) Basel
B) Zurich
C) Geneva
D) Bern
  • 8. What is the common term used to refer to Swiss bank accounts opened by non-residents?
A) Numbered accounts
B) Offshore accounts
C) Foreigner accounts
D) Secrecy accounts
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