In this article, we will talk about such a topic, about which people start thinking more when they have too much black money. So let’s know why people like to keep money in Swiss bank.

Why do people like to keep money in Swiss banks?

Actually Swiss bank is a silent bank. He doesn’t speak anything to anyone. Keeps the secret a secret. It only knows how to swallow, not excrete.

This means that this bank is famous for keeping the information confidential.

In the year 1934, to keep the information confidential, the Parliament here made a special law.

The law was not made to protect black money, it was made because Jews were subjected to a lot of atrocities by the Nazis at that time.

If the Nazis had come to know that these people had a lot of money which was kept in the bank, they would have been tortured a lot.

This law was made to maintain this privacy .

But later, taking advantage of this law, it was used to keep black money safe.

That’s why this bank became so popular. However , now the rules have been changed a lot and now it is no longer as safe for the black money holders as before. 

Hope by now you must have understood why people like to keep money in Swiss bank.

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