CREDIT SUISSE VAULT - An Exclusive Look Inside The Credit Suisse Underground Vault
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CREDIT SUISSE VAULT - An
Exclusive Look Inside The
Credit Suisse Underground Vault
Zurich headquarters of Credit Suisse and the bank's secure vaults dedicated to private clients inside
Deep in the bowels of Zurich, 18 feet below lake level, lies Credit Suisse's private client vault. gained access to the 1%-er stash and the 3,
500 safes (ranging from 5cm high to closet size). And all you need to be part of this club is a bank account with the
Swiss behemoth
... Credit Suisse Group is a Switzerland-based multinational financial services holding company, headquartered in
Zürich, that operates the Credit Suisse
Bank and other financial services investments.
The company is organized as a stock corporation with four divisions:
Investment Banking,
Private Banking,
Asset Management, and a
Shared Services Group that provides marketing and support to the other three divisions.
gives private investors around the world access to the professional bullion markets. You can benefit from the lowest costs for buying, selling and storing gold and silver
Gold custody is one of several financial services the
Federal Reserve Bank of
New York provides to central banks, governments and official international organizations on behalf of the
Federal Reserve System.
The New York Fed’s gold vault is on the basement floor of its main office building in
Manhattan.
Built during the construction of the building in the early
1920s, the vault provides account holders with a secure location to store their monetary gold reserves.
None of the gold stored in the vault belongs to the
New York Fed or the Federal Reserve System. The New York Fed acts as the guardian and custodian of the gold on behalf of account holders, which include the
U.S. government, foreign governments, other central banks, and official international organizations. No individuals or private sector entities are permitted to store gold in the vault.
Much of the gold in the vault arrived during and after
World War II as many countries wanted to store their gold reserves in a safe location. Holdings in the gold vault continued to increase and peaked in
1973, shortly after the
United States suspended convertibility of dollars into gold for foreign governments. At its peak, the vault contained over 12,
000 tons of monetary gold. Since that time, gold deposit and withdrawal activity has slowed and the vault has experienced a gradual but steady decline in overall holdings. However, the vault today remains the world’s largest known depository of monetary gold.
All bars brought into the vault for deposit are carefully weighed, and the refiner and fineness (purity) markings on the bars are inspected to ensure they agree with the depositor instructions and recorded in the New York Fed’s records. This step is vital because the New York Fed returns the exact bars deposited by the account holder upon withdrawal—gold deposits are not considered fungible. "credit suisse" switzerland vault zurich lake "lake zurich" safe deposit "safe desposit box" "bank safe" bank banking "bank account" "gold bullion" gold silver bullion documents safety business 2014
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Surprisingly, gold bars are not
100 percent pure gold. If they were 100 percent pure, the bars would be too malleable to preserve their shape. This would render them difficult to store or move. Therefore, each bar contains a small amount of at least one other metal, such as copper, silver or platinum. casino Bank heists are extremely difficult to pull off, no matter what
Hollywood might have us believe. Some vaults are so secure that robbers have heart attacks even thinking about breaking in.
will go to keep the deposits and valuables of their clientele absolutely protected.
Fort Knox –
The United States Bullion Depository 2. The New York
Federal Reserve Vault –
World’s Biggest Gold Depository 3.
The Bank of England Gold Vault 4.
The London Silver Vaults 6. The Gold Vault in
Dubai Crime thrillers usually have talk of a
Swiss bank account. There’s a reason:
Swiss banks are among the safest on the planet. The
JPMorgan Chase New York Gold Vault