<prompt> Human: What are benefits, advantages and disadvantages?  <response>: Swiss bank account is an banking account located in Switzerland. Banking laws and such in Switzerland is very private and secure. The bank by law cannot divulge any information to anyone other than the person who holds the account. Except in rare circumstances so that means your money is safe from prying government eyes or debt collectors. Also the franc is one of the most secure and stable currencies on earth..with very little inflation. So there is no real risk of a bank going under or inflation ruining your nest egg. 