I just got back from Zurich and opened a Swiss bank account in a small private bank. They don’t do loans of any kind…
This reminds me of the Saturday Night Live pseudo commercial for the “First National Bank of Change.” We don’t accept deposits, we don’t do loans. We only change your large bills. How do we make money? Our secret is: VOLUME.
Running Bear: Assuming your Swiss bank isn’t a charity, how do they make money?
