The gold market in Zurich is open to all types of purchasers whether resident or non-resident. ... No licences are required for the purchase or export of gold, and no customs duties or taxes of any kind are imposed ... deposits may be placed with any of the Swiss banks or foreign and international banks with branches in Switzerland. ... For fiduciary deposits, a small commission is charged of usually I or As per cent on amounts invested, since such deposits resemble managed portfolios.
|Title||:||A Guide to World Money and Capital Markets|
|Author||:||Lynette J. Kemp|
|Publisher||:||McGraw-Hill Book Company Limited - 1981-01-01|