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