[118186] in Cypherpunks

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Re: Swiss Bank offers on-line accounts.

daemon@ATHENA.MIT.EDU (Adam Shostack)
Tue Sep 21 15:04:35 1999

Date: Tue, 21 Sep 1999 14:40:14 -0400
From: Adam Shostack <adam@homeport.org>
To: "Trei, Peter" <ptrei@rsasecurity.com>
Cc: "'cypherpunks@algebra.com'" <cypherpunks@algebra.com>
Message-ID: <19990921144013.A28827@weathership.homeport.org>
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
In-Reply-To: <D104150098E6D111B7830000F8D90AE8E62A7A@exna02.securitydynamics.com>
Reply-To: Adam Shostack <adam@homeport.org>


Theres a long thread on slashdot with interesting comments in it.

Adam

On Tue, Sep 21, 1999 at 10:01:25AM -0400, Trei, Peter wrote:
| 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.
| 
| [...]

-- 
"It is seldom that liberty of any kind is lost all at once."
					               -Hume



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