Corb7 Blog
Five Frequent Questions Pertaining to Owning a Swiss Trust Company (STC)
Posted On October 14, 2011Five Frequent Questions Pertaining to Owning a Swiss Trust Company (STC): 1. Are Swiss Trust Companies regulated by any government authority? 2. Do officers, members or directors have to be accredited by any agency? 3. Are such trust companies audited for compliance or other purposes? 4. Do US based shareholders have to meet in Switzerland […]
Asset Protection
Posted On October 14, 2011When ownership of a Swiss Trust Company (STC) is not disclosed to general public (bearer certificates), it is virtually impossible for creditors of an individual shareholder to obtain any company information. “Fishing Expeditions” are not allowed in Switzerland. A person seeking a judgment against a shareholder of a STC must have proof that the individual […]
SWIFT, EuroClear & Clear Stream
Posted On October 14, 2011SWIFT (Society for Worldwide Interbank Financial Telecommunication) – Currently the most efficient method to send payment instructions to correspondent banks. SWIFT provides the framework for an international communication system between major financial institutions (a bank to bank transfer system). SWIFT numbers are primarily issued to retail and commercial banks.
Understanding What a STC is and What it is not
Posted On October 14, 2011Older Swiss Trust Companies (STCs) continue to n be in demand. With this demand has come more information on the internet which can be confusing and seemingly at times contradictory. It is after all the internet and anyone can post anything. The realities, however, of how an STC comes into existence and then becomes available […]