J Jim2007 Registered User Messages 2,344 18 Dec 2014 #1 The Swiss National Bank will begin charging 0.25% on deposits from the 22.01.15. The main purpose of this action is to discourage the hording of Francs by non-residents. The question is will this become a trend next year as many German and Austrian banks find themselves in the same situation....
The Swiss National Bank will begin charging 0.25% on deposits from the 22.01.15. The main purpose of this action is to discourage the hording of Francs by non-residents. The question is will this become a trend next year as many German and Austrian banks find themselves in the same situation....