Zürich Local Custom Tips by Nemorino
Zürich Local Customs: 74 reviews and 117 photos
All the big Swiss banks are based in Zürich, and they all make huge profits thanks to their tradition of banking secrecy (Bankgeheimnis in German), which means that they never divulge the names of their account holders or any information about them.
In particular, they never give any information to the tax authorities of the countries where their account holders live.
This does not sit well with the governments of the neighboring countries, particularly Germany and especially now since the economic crisis has caused a sharp drop in tax receipts.
The news recently has been full of stories about CD-ROMs with stolen bank data that mysterious unknown persons have been offering for sale to the German tax authorities. After a brief (maybe ten-minute) period of soul-searching about whether it was morally acceptable to buy stolen data, the German authorities have started doing so, much to the chagrin of some of their richest citizens.
This has caused some anti-German sentiment in Switzerland, but now the whole tradition of Swiss banking secrecy seems to be crumbling.
When I got off the train at Zürich HB (main station) the first thing I saw was this advertising poster with three rural Swiss gentlemen and the slogan: Banking secrecy is faltering, but our cheese secrecy remains. (Advertising Appenzeller cheese.)
A bit of Paris in Zürich
In the middle of Zürich there is a Wallace Fountain just like the ones in Paris, with explanatory plaques in several languages.
The explanation in English reads:
"Fountain from Paris, 1870, to initiate the 1982 World Convention of Water Experts in Zurich. The four nymphs personify simplicity, purity, sobriety and charity. They symbolize international co-operation in providing people everywhere with pure and salubrious water."
These fountains were named after the English philanthropist and art collector Sir Richard Wallace (1818-1890), who donated them to the city of Paris in 1871 and 1872 (not 1870 as it says on the plaque) to provide safe drinking water for the people of Paris after the city’s public water supply had been destroyed during the Franco-Prussian war of 1870-1871 and the uprising of the Paris Commune.
More Reviews (41)
- See All Heidi Weber House by Le Corbusier
- See All In the red light district
- See All Where the opera singers eat sausages
- The lost generation of opera composers
Nemorino's Related Pages
Zürich Travel Guide
Member Travel Pages
- "Welcome to Zürich - my hometown"
- "My Züri Page"
- "Zurich - Metropolis between lakes and mountains"
- "The world's capital of understatement"
- "ZURICH OR DAVOS?"
- "Opera and cycling in Zürich"
- "Miär liäbed Züri... - We love Zurich"
- See All...
- Things to Do in Zürich
- Hotels in Zürich
- Transportation in Zürich
- Nightlife in Zürich
- Restaurants in Zürich
- Shopping in Zürich
- Warnings and Dangers in Zürich
- See All...
Badges & Stats in Zürich
- 43 Reviews
- 124 Photos
- 0 Forum posts
- 72 Comments
- See All Stats
- See All Badges (95)
Have you been to Zürich?Share Your Travels
Latest Activity in Zürich
Photos in ZürichSee All Photos (124)
Top 10 Pages
- Top 5 Page for this destination Paris Intro, 434 reviews, 1841 photos, 5 travelogues
- Top 5 Page for this destination Frankfurt am Main Intro, 100 reviews, 253 photos, 6 travelogues
- Top 5 Page for this destination Copenhagen Intro, 61 reviews, 222 photos, 2 travelogues
- Top 5 Page for this destination Besançon Intro, 48 reviews, 202 photos
- Top 5 Page for this destination Avignon Intro, 46 reviews, 190 photos
- Top 5 Page for this destination Verona Intro, 49 reviews, 175 photos, 2 travelogues
- Top 5 Page for this destination Marseille Intro, 45 reviews, 166 photos
- Top 5 Page for this destination Lyon Intro, 56 reviews, 152 photos
- Top 5 Page for this destination Toulon Intro, 42 reviews, 156 photos
- Top 5 Page for this destination Karlsruhe Intro, 32 reviews, 151 photos, 6 travelogues
- Grossmünster Churche- 62 Reviews, 153 Photos
- Bahnhofstrasse- 37 Reviews, 71 Photos
- Uetliberg- 18 Reviews, 37 Photos
- Lindenhof- 30 Reviews, 80 Photos
- Fraumünster Churche- 42 Reviews, 85 Photos
- Hauptbahnhof - Main Station- 16 Reviews, 36 Photos
- Swiss National Museum- 26 Reviews, 57 Photos
- Lake Zürich- 53 Reviews, 86 Photos
- Lindt & Sprungli Chocolate Factory Shop- 6 Reviews, 5 Photos
- St. Peter's Church- 28 Reviews, 64 Photos
See All Zürich Things to Do