Can I open a Numbered Account?
 
The procedure for opening a numbered account remains the same all other types of accounts.  The Swiss bank must verify your identity and establish the identity of the beneficial owner.  A number account is simply a bank account that is listed under a number code, rather than a name.  Additionally, it is an internal security measure to restrict knowledge of clientele information to only a small group of employees within the bank, unlike an account with a name.  Because numbered accounts are created with a number code and not a name, they cannot be used for international wire transfers.  The international regulations for wire transfers require the client’s name, address and account number in order for a bank to perform a wire transfer. 

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