Numbered Bank Account

Numbered bank accounts are offered by Swiss banks to the majority of their clients. Typically the account will also have a codename attached to it for the convenience of both the banker and customer. This avoids confusion between the banker and the customer as to which account is being discussed. The novel feature of numbered accounts is that the customer's name does not appear on bank statements. Only the number and code-name appear. This means that if bank statements are lost or stolen, it will not be immediately obvious who is behind the account. 

Although numbered accounts may seem to grant some anonymity, Swiss law now requires all banks to know the identity of their customers. However, in the case of a numbered account, the customer's identity will only be known to a small group of people in the bank, on a "need to know" basis. Also the customer's name does not appear on the bank's computer, thus preserving confidentiality in the case of cybercrime. 

Related tags: Anonymous Bank Account, Numbered Swiss banking, Switzerland, Anonymity, Swiss Visa, Private Banking Services, Remain Anonymous, Account Opening. 

 

 
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