RE: RE: KYC From 200 Euros In Switzerland
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RE: KYC From 200 Euros In Switzerland

memess(63)
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3y

Yes, its low but in fact the reason such things are there are good reasons too. In the 70's rich ilitalian guys would bring brief case full of cash next to the border (prbly not clean cash) then some swiss bankers took the brief cas and brought i back to swiss, no kyc nor anything they could just change the EURO to CHF and deposit in the bank and launder millions.
Source : https://www.ticino.ch/en/about-us/ett-storico/anni-70/scandalo-chiasso.html,https://www.cdt.ch/news/economia/quando-il-credito-svizzero-fece-scandalo-in-ticino-311540

Having set it at 200 chf or equivalent is a bit low though, but it must be to prenvent from launder of stolen cash or something like that. I might look deeper into it since it's a pretty interesting subject.
Is the 200.- minimum everywhere ?
I mean 200.- are more valuable in the ticino than in zürich so maybe it depends where too.

"Banksters and greatest tax evaders are chill.", depending of who yes. In swiss it became harder and harder. I mean laundering became hard. Tax evasion is still simple, since most of the way to lower tax aren't illegal just some tax things. Which i think i completly dumb. Having multi-billion dollard company paying million in taxes instead of billion.

About the tracking part i don't think here we are in the most tracking country, too much liberty kill liberty and some track need to be done to prevent from some criminal activities. Compex subject !LOLZ