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Swiss Banks
  • 1. What is the currency of Switzerland?
A) Dollar
B) Euro
C) Swiss Franc
D) Pound
  • 2. Which Swiss bank is the largest in terms of assets under management?
A) Credit Suisse
B) Zurich Cantonal Bank
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 common term used to refer to Swiss bank accounts opened by non-residents?
A) Foreigner accounts
B) Numbered accounts
C) Offshore accounts
D) Secrecy accounts
  • 5. Which Swiss city is considered a major financial hub?
A) Geneva
B) Zurich
C) Bern
D) Basel
  • 6. 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) Not subject to Swiss tax
D) Subject to normal income tax rates
  • 7. What is the capital city of Switzerland?
A) Bern
B) Zurich
C) Geneva
D) Basel
  • 8. What is the regulatory body overseeing Swiss banks?
A) FCA
B) FINMA
C) BaFin
D) SEC
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