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Swiss Private Banking – FAQ (Frequently Asked Questions)

 

 

16. What is the fiduciary deposit?

The fiduciary deposit is one of the principal products offered by Swiss Private Banks.  It is investment by the bank in the form of deposit with another bank.  Such investment is done under the name of the bank but for the benefit of the customer as the beneficial owner.  With fiduciary deposits the customer can enjoy higher returns and greater tax advantages in comparison with the normal bank deposits.

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