Common name for savings book in Switzerland. Starting in 2000, most banks in Switzerland gradually terminated savings books and set up savings accounts for their customers instead. These offer a higher interest rate and more security, such as payment only to the account holder or authorized representative, no loss or theft of the certificate is possible anymore. – See savings bonds, savings interest, Aunt Milly.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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