[118175] in Cypherpunks
Swiss Bank offers on-line accounts.
daemon@ATHENA.MIT.EDU (Trei, Peter)
Tue Sep 21 10:13:52 1999
Message-ID: <D104150098E6D111B7830000F8D90AE8E62A7A@exna02.securitydynamics.com>
From: "Trei, Peter" <ptrei@rsasecurity.com>
To: "'cypherpunks@algebra.com'" <cypherpunks@algebra.com>
Date: Tue, 21 Sep 1999 10:01:25 -0400
MIME-Version: 1.0
Content-Type: text/plain
Reply-To: "Trei, Peter" <ptrei@rsasecurity.com>
http://www.usatoday.com/life/cyber/tech/ctg177.htm
Swiss bank accounts go online
Regulators worry Americans will secretly stash cash
By Matt Krantz, USA TODAY
In a move that's worrying some regulators, Geneva-based MFC
Merchant Bank will open Swiss bank accounts over the
Internet with initial deposits as low as $5,000.
[...]
MFC Merchant Bank, which will offer the Internet accounts
starting Oct. 15, will never give the IRS "details on our
clients unless our clients ask us to," says Vice President
Peter Jessop.
[...]