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