A safe deposit box in Switzerland with no banking constraints
or dealer obligations
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- 7 minutes read
Storing precious metals and other assets abroad offers investors numerous benefits. Independent Switzerland, renowned for strict security and uncompromising protection of property rights, represents an optimal location. Highly regarded by private and institutional clients worldwide, independent storage provider Swiss Gold Safe identifies bank independence, anonymity, and absolute discretion as the key essentials for safe deposits and secure storage.
At Swiss Gold Safe Ltd., prospective clients from all over the world can rent safe deposit boxes anonymously without being asked to open a bank account. The company also operates modern high-security vaults at various secret locations in Switzerland. These continuously monitored facilities, to which only clients are allowed access, are strategically located outside large cities and metropolitan areas.
The following FAQs will help you assess the benefits of this type of storage:
- What are the advantages of storing assets in Switzerland?
- What items are safe deposit boxes at Swiss Gold Safe most suitable for?
- Does contents insurance have to be arranged separately?
- When can clients enter the vault system, and how does the key allocation system work?
- Does gold & silver storage always remain anonymous, and will all data stay confidential?
- How long has Swiss Gold Safe been in business, and what are its unique attributes?
Why store assets and valuables in Switzerland?
Switzerland is well known and highly respected throughout the world – for many good reasons. In addition to its strong international profile, Switzerland functions as a model federalist, democratic state in Central Europe. The Swiss nation is bordered by Germany, Austria, Italy and France, as well as by neighbouring Liechtenstein, a country with which Switzerland maintains close economic ties. The Swiss Confederation consists of 26 semi-autonomous cantons with its parliament and seat of government in the city of Bern, itself located within the canton of Bern. The major cities of Zurich, Geneva, Basel, Lausanne, Lucerne and St. Gallen are all economic centres of international importance.
Switzerland is a member of the United Nations (UNO) and the European Free Trade Association (EFTA), but is not a member of the European Union (EU) – a feature which is particularly advantageous as regards the storage of precious metals. Beyond this, Switzerland is a global wholesale trading hub for physical gold, and is also considered the world market leader in gold processing, thanks to the presence of local gold refineries such as Argor-Heraeus, Metalor, Pamp and Valcambi.
Last but not least, Switzerland is one of the most economically, politically and legally stable nations in the world today with a long-established tradition of safeguarding property rights, which benefits Swiss citizens and foreign investors alike. Meanwhile, its geographic location in the heart of continental Europe, with good access and an efficient infrastructure, offers further practical advantages.
What storage facilities can Swiss Gold Safe offer?
Swiss Gold Safe provides a comprehensive range of safe deposit boxes and vaults to meet the diverse needs of private and business clients. These high-security facilities are located in the Gotthard area and in other carefully chosen locations around Zurich. All stored assets are optimally protected by a combination of security features: impregnable natural walls; repurposed former military bunkers; and modern, custom-built installations designed to meet the most stringent security standards.
Safe deposit boxes are suitable for the secure storage of gold, precious stones, jewellery, artworks and cultural treasures, sensitive documents, data-storage media, cash, hardware wallets and many other valuables. The company can also offer practical options for the VAT-free storage of coins and bars made from white metals such as silver, platinum or palladium. These can be deposited in either allocated storage within designated domestic and duty-free warehouses.
Rental fees include basic insurance cover for the contents of a safe deposit box with a sum insured of up to 25,000 Swiss francs, with the option to arrange extended cover should this be insufficient for your needs. Swiss Gold Safe insurance is always arranged via well-known, international insurers. Annual rentals can be paid in Swiss francs, euros or US dollars, as well as in Bitcoin and Ether, and cash payments are also welcome.
Access arrangements and key allocation
Swiss Gold Safe clients can access safe deposit facilities and storage areas from Monday to Friday during normal business hours. In addition to this, for an additional charge, clients can also use an on-demand service to arrange admission at any time, around the clock and on any day of the week. In order to maintain maximum discretion, the company schedules individual appointment visits to ensure no more than one client is present in a vault at any one time. These safeguarding measures are further enhanced by the presence of specially trained security personnel who can also act as escorts.
Maintaining privacy also extends to include the contents of a safe deposit box. This information is only ever known to the client, and perhaps shared, if and when necessary, with their trusted representative. In principle, Swiss Gold Safe has no knowledge of the type and quantity of the goods held in store. Thus, clients receive all available keys. And where a safe deposit box is equipped with a key-code lock, the respective personal access code is reserved exclusively for the client.
Privately managed, anonymous safe deposit boxes with no reporting obligations
When you open a safe deposit box with Swiss Gold Safe, you will not need a bank account in Switzerland, nor an account in your own country of residence. And if they choose to do so, clients can also pay the rental fees in cash. This means the entire transaction can be conducted outside the banking system, which delivers a number of important advantages. For instance, Swiss Gold Safe does not trade in precious metals, which means you are not obligated to a dealer, nor does the company act as a financial intermediary. Thus, without any prior obligation to buy, you are free to decide how much gold or silver you wish to buy, and from which source.
Because Swiss Gold Safe is a private storage provider and thus independent from banking systems and similar supervisory bodies, the company is not obliged to forward customer data such as addresses or safe deposit box numbers to the authorities. This status means the company is not subject to the financial market regulations which otherwise apply to Swiss banks and other financial service providers. Furthermore, there is no declaration of safe deposit contents, no automatic exchange of information agreement (AEOI or often called Common Reporting Standard CRS), and no recording of customer data in a central safe deposit box register – as is routinely required for bank safe deposit boxes in numerous jurisdictions. And to guarantee the utmost discretion, Swiss Gold Safe can even arrange insurance cover while disclosing nothing more than the respective safe deposit box number.
About Swiss Gold Safe Ltd. Switzerland
The Tell monument in Altdorf, Switzerland where Swiss Gold Safe Ltd. is based.
Swiss Gold Safe was founded as a private limited company under Swiss law in 2006. The company head office is located in Altdorf in the Swiss canton of Uri. There is also a subsidiary company, based in the Principality of Liechtenstein, which has been active since 2016. Swiss Gold Safe is a specialist provider of professional storage facilities for precious metals, banknotes and many other assets.
The company clientele includes institutions, commercial organisations and family offices as well as private individuals, who all place high value on Swiss Gold Safe’s optimal blend of experience, competence and reliability.
Learn more about anonymous, bank-independent safe deposit box options on the Swiss Gold Safe website.
Das Telldenkmal in Altdorf, Hauptsitz der Swiss Gold Safe AG in der Schweiz
This is what a private safe deposit box at Swiss Gold Safe in Switzerland can offer:
- Your own safe deposit box in independent Switzerland to store precious metals, jewellery, cash, artworks, documents, cryptocurrencies and much more.
- Investments of silver and other white metals can be deposited ex-VAT in duty-free warehouses.
- Switzerland is considered an optimal storage location for assets deposited in external jurisdictions. The country is easy to access and has a global reputation for stability and uncompromising protection of property rights.
- Swiss Gold Safe Ltd. has continuously operated private high-security storage facilities since 2006. This provision is managed entirely outside the banking system, with no ties to dealers and no legal reporting obligations.
- The rental price includes basic insurance, with an option to extend cover if required. This is arranged anonymously with no transfer of personal data.
- Clients can access their safe deposit box 24 hours a day, on any day of the week, and always receive all available keys.
In conclusion: Private safe deposit boxes in Switzerland offer an ideal solution.
If you are seeking a private safe deposit box that meets the highest security criteria while offering absolute anonymity and total discretion, Swiss Gold Safe can provide you with an optimal solution. The company is a specialist provider of asset storage serving the needs of a diverse international clientele. Swiss Gold Safe facilities are independently managed and free from all banking constraints and dealer obligations.