New! We have created a special website about Swiss bank accounts with hundreds of pages of information. Micheloud & Cie, a well-known Swiss firm, owns both websites. Click to visit www.swiss-bank-accounts.com

Swiss bank secrecy is regulated by both civil law (including the Banking Act) and criminal law. Violation of the secrecy can thus be subject to double punishment:

• Fine and imprisonment for the banker pursuant to the Banking Act and the criminal code.
• Damages for the client pursuant to the duty of care

Economic or tax espionage on behalf of the authorities of a third country is also punishable by criminal law.

Other pages of interest:

Banking Act of 1934 Bank secrecy and the Swiss criminal code Fundamental texts on Swiss bank secrecy Economic espionage and the Swiss criminal code