Application To Open Safe Deposit Box: Fill & Download for Free

C-4 and Semtex are basically the same thing, except Semtex goes a little heavier on the RDX than C-4. Either can breach a safe easily, but…. what is in that safe? If it can’t stand the concussive force, or might be ignitable, it’s probably better to find a safe cracker.That also depends on if you are talking about an office safe, or a bank vault. The office safe, go for the safe cracker. The bank vault? Liberal applications of Thermite and C-4/Semtex as needed. The safety deposit boxes will probably protect the contents very well.

Precious Metals IRA’s are a niche product. They are known in the industry as a “Self Directed IRA”. Investors use this product for 2 reasons: to either purchase precious metal or real estate.Opening an account is easy, there is a short application to complete. There is a space on this application to identify how you would like to fund the IRA. You can either make an annual contribution up to your personal limit. Or you can transfer part/all of an existing IRA. There is also a section on the application to identify your precious metals dealer.Once the account is funded, you can make a purchase whenever you like. Contact your dealer, agree on a product, spot price, and final unit price. They will send you an invoice and a “Buy Direction Letter”. You would sign these forms and return to your IRA company. The IRA would then pay on your behalf, and the dealer would ship the metals to a third party storage facility.Here is where the big question comes up. Can you store the metals yourself? The answer legally speaking is no. There has to a legal entity between you and the metal. You can’t directly benefit from the metal until you take a disbursement. However, there is a loophole. You can set up an LLC company to take possession of the metal. The LLC company would then store the gold or silver in a safe deposit box at a local bank. There are drawbacks to this option. For one, the fee structure is higher. For another, dealers have interpreted the rules to mean that you can only purchase gold and silver eagles from the US Mint. But if you are ok with these restraints, then this might be a good option.In regards to fees, if you are doing a normal Self Directed IRA and storing at a third party depository, plan on $200–300 in annual fees. These fees are based on the value of the metal stored, and will be higher if your holdings are over $100,000.When you are ready to take a disbursement, you can take a disbursement in kind. This is where the IRA company values the metal and then ships it to you. You can also sell the metal and have them send you a check. The great thing about a precious metals IRA is that the metal is already purchased and stored in your name. It can not be a paper derivative. So if the market gets crazy and everyone is struggling to find product, yours will already safely be on your shelf with your name attached.

I. Opening and Using Swiss Bank Accounts:According to Swiss law, nonresidents of Switzerland who would like to open a Swiss bank account must be at least 18 years old. Other than that, there aren't a lot of restrictions. Your account can be in almost any currency, although most choose the Swiss franc, U.S. dollar, Euro or Sterling, and there is often no minimum balance required to open an account. Once you've started making deposits, however, there is a minimum balance you have to maintain that varies from bank to bank and by type of account.Choosing a bank and an accountThe Swiss bank you choose to deal with depends on what types of investments you want to make and the type of account you want have. One thing to keep in mind is unless you don't care about the privacy aspect of a Swiss bank account, you shouldn't choose a bank that has a branch in your country. Bank branches have to follow the laws in the countries in which they're located -- not where the corporate bank office is located. For example, a Swiss bank branch in the United States has no greater privacy capabilities than a regular U.S. bank does.The type of account you open depends on the number of investments you want to have access to and the amount of money you want to maintain in the account. The more extensive the investment services and options are, the higher the required balance for the account. You can also have access to a safe deposit box at a Swiss bank.Earning interestIf you maintain your account in Swiss Francs you will earn a small amount of interest, but will then have to pay the Swiss withholding tax. For this reason, most account holders that don't live in Switzerland have their Swiss bank account in some other currency such as U.S. Dollar, British Pound or Euro. When you do this, your money can be put into a money market fund and will earn interest there.Opening an accountWhile it's usually better to open your account in person, there are many Swiss banks that will allow you to open an account by mail or fax. There are also many firms that exist to assist people in setting up offshore accounts.Because Swiss anti-money-laundering law requires you prove where your money is coming from, many certified documents are required in order to open an account. These include authenticated copies of your passport; documents explaining what you do for a living such as tax returns, company documents, professional licenses, etc.; proof of where the money you are depositing is coming from such as a contract from the sale of a business or house; and all of the typical personal information about yourself such as your birth date, a utility bill to prove your residence, all contact information, and, of course, your name. They'll also want to know what you want to do with the money once you have the account.If you're opening your account by mail, you'll need to have the bank applications sent to you to complete and sign along with the rest of the documents mentioned above.One difference between opening an account in person and doing it by mail is the requirement of an apostille on the authenticated copy of your passport (and no, a driver's license won't be accepted as proof of your identity).An apostille is a seal used to certify that an official document is an authentic copy. In most countries, you can get it from a notary public but sometimes notaries aren't familiar with them. If this happens you must either find another notary who is, or find out what other authority in your country can issue apostilles. Any country that participated in the Hague Convention designates an authority that can issue apostilles (e.g., in the United States, the office of the state's secretary is authorized to do this). The most important thing is to always make sure the seal says APOSTILLES.Opening a numbered accountNumbered accounts are usually not as easy to open. They typically require that you physically go to the bank in Switzerland. They also typically require an initial deposit of at least $100,000 and cost about $300 per year or more to maintain. And remember, they're still not anonymous since there has to be a connection at some level between who you actually are and your account.Minimum deposits/balances and feesMinimum balances vary greatly by type of account (i.e., a few thousand dollars to one million dollars or more). And, banks charge differing fees based on the types of transactions and the account type you have. For example, on a basic account, international bank transfers (outgoing) might cost $3 or $4 each. They may also charge $5 to $10 when you deposit international checks to your account. Annual account maintenance costs are charged based on the number of entries in your account statement and are sometimes in the neighborhood of 0.5 Swiss Francs (i.e., $0.41) per entry.Accessing Your MoneyCredit card: Most Swiss banks will issue a credit card with your account that you can use to make purchases, as well as withdrawals at ATMs around the world. Cash advances, however, will charge a fee (usually 2.5 percent). Use of a credit card can also be traced back to your Swiss bank revealing the fact that you have the account. These credit cards are issued differently from typical credit cards, however. Rather than pulling a credit report and actually issuing true credit, Swiss banks require that you make a security deposit that is 1 to 2 times your monthly credit limit depending on the type of account you have. The security deposit itself is held in a separate account and invested.Cash withdrawals: If you're in Switzerland you can walk into your bank and make a direct cash withdrawal, leaving no record of the access.Travelers' checks: Buying travelers' checks is one way of using the money from your Swiss account and maintaining your secrecy. They're easy to use and widely accepted, but you will have to pay a 1 percent commission on the amount of the check.Travelers Check from American ExpressBank transfers: A simple way to use the money in your Swiss bank account is to request a bank transfer. But, again, you're essentially revealing the existence of your account, as well as your account number. To prevent revealing your account number and name, most Swiss banks will send money from your account in the bank's name without releasing your identity, but sometimes those types of transfers aren't accepted outside of Switzerland.Checks: Swiss bank accounts do offer checking (except on numbered accounts). However, if you're after privacy, you're leaving a trail of breadcrumbs directly back to you. You lose the confidentiality most people want with a Swiss account and, therefore, checks are rarely used with these accounts.Closing your accountYou can close your Swiss bank account at any time with no restrictions or cost. You can get your money immediately and invested money as soon as it is liquidated.WHY MIGHT YOU NOT BE ACCEPTED?While the majority of applications for Swiss bank accounts are accepted, some aren't. Usually applications are rejected either because the origin of the money is questionable or unclear, or its origin goes against Swiss regulations. The strict money laundering laws have made scrutiny of money origins and subsequent deposits a high priority.II. Swiss Bank Account AdvantagesPrivacyYour relationship with your Swiss bank can be compared to doctor/patient confidentiality or the private information you might share with an attorney. Swiss law forbids bankers to disclose the existence of your account or any other information about it without your consent (except for certain circumstances, which we'll discuss later). Where the similarity ends is when that privacy is violated. Whereas in the United States, if your doctor or attorney violates your confidence you must begin legal action; in Switzerland, if a banker divulges information about a bank account without permission, immediate prosecution is begun by the Swiss public attorney. Bankers face up to six months in prison and a fine of up to 50,000 Swiss francs. And, you have the option of suing the bank for damages. Needless to say, Swiss banks are very careful about protecting your privacy.The only exceptions to the Swiss banking privacy rule are criminal activities such as drug trafficking,insider trading or organized crime, which we'll talk more about later.Low RiskSo privacy is a big deal if you have money you don't want other people to know about, and unless you're a criminal it's highly unlikely anyone can ever find out about your account. For example, doctors who might be sued for malpractice might have money in a Swiss account to prevent them being totally wiped out in the event of lawsuit. Unethical, yes, but it happens. Really, anyone can have assets that they want to protect from attack. Sometimes, though, privacy isn't the main reason people want a Swiss bank account. Switzerland has had an extremely stable economy and infrastructure for many years and hasn't been at war with another country since 1505. Swiss bankers are also highly trained in investing and know how to grow your money.Increasing your wealth means little if your money isn't protected. So, how safe is your money in a Swiss bank? Depositor protection in Switzerland is governed by the Swiss Bankers Association's (SBA) self-regulatory Depositor Protection Agreement and, since July 1, 2004, was also codified into the Swiss Banking Act with a few additional requirements that significantly strengthened depositor protection in Switzerland [Source: SwissBanking.org]. The revised Depositors' Protection Agreement covers all deposits and is also applicable to non-bank securities dealers. Protecting depositors is vital in maintaining public confidence in the Swiss banking system and, in order to strengthen this confidence, the SBA had drawn up a self-regulatory Depositor Protection Agreement with its member banks in 1984. This agreement guarantees that, in the event of a bank failure, depositors will rapidly receive their legally privileged claims. As an additional safety measure, Swiss law demands high capital adequacy. Swiss banks can therefore certainly be counted amongst the safest in the world.In fact, the Swiss franc is considered one of the world's premier currencies with virtually zero inflation and has been historically backed by at least 40 percent gold reserves. Swiss banks are also known to have very sophisticated investment services and Internet banking.