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Ben Werner, Student Newspaper Editor
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Swiss banks are among 20 companies being sued for their dealings with South Africa’s former apartheid regime.
He was told that Swiss regulators had directed banks to monitor movements of accounts related to Marcos and his family.
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Brian Mengel, Civil Servant
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Banks are licensed by the Swiss Federal Government through its Banking Commission , and may operate throughout the country.
Swiss Interbank Clearing transfers payments to your account managing banks where the orders are checked.
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John Fielding, CEO
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Swiss banks are very interested in a broad opening in the field of financial services since in Switzerland the financial services market is one of the most liberalised in the world.
Swiss banks have earned a reputation around the world for providing sophisticated and discreet banking services.
Swiss banks are moving abroad in order to capture "onshore" business, which is growing faster than "offshore" private banking.
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Luigi Pascioni, Auto Mechanic
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Banks in the Swiss-Italian border town of Lugano have been hurt by an Italian tax amnesty, Reuters reported.
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Mike Enlow, Internet Marketer
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Many Swiss banks also offer ATM machines for cash advances with your credit card.
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Jack Crawford, WWII Veteran
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Swiss banks have existed since the Middle Ages, but Switzerland’s reputation as a world financial haven was gained before and during World War II.
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Astrid Schuhmann, Backpacker
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Swiss Interbank Clearing operates the electronic payment traffic system SIC for transactions in Swiss francs for the Swiss banks.
Swiss banks will discontinue PayNet over the next few months because it has not attracted enough users to make it economic, Neue Zurcher Zeitung reported.
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