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| A friend of mine is considering bankruptcy in UK as he owes monies to banks/credit cards. However he has £100k+ which he is looking to move offshore/switzerland Is there any adivce that can be given on deposit monies to a swiss a/c. | |
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Yes. You(r friend) should spend some "monies" on a dictionary. The word is money.
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| Will the monies be protected from UK authorities through the secrecy laws. | |
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In your (friend's) dreams.
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| Are there any banks one would recommend to deposit cash. | |
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These folk come well recommended with a proven track-record.
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| Are there any pitfalls which would be encountered in going down this route?? | |
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Already covered elsewhere - don't drop the soap.
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