|What do you mean by economic origin of the money?|
Home > Swiss bank accounts > FAQ > Before you order > Documents needed > Economic origin
This information is needed to comply with Swiss due diligence laws. Our purpose is to check that your money comes from a legal activity and not from trading drugs, extortion or other offences against the Swiss criminal code.
It will be kept strictly confidential even if the account is not opened.
Depending on what the origin is, we will ask you specific documents that are relevant to the origin of the funds.
When you apply for an account, if you indicate "business" or "Canada" as the source of the money, we won't be able to open you an account. Please note that economic origin is NOT geographic origin.
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