Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (2024)

  • Swiss activist group selling the vault after they used it for campaign stunt
  • They filled it with a five centime coin for each person in Switzerland
  • Then they dumped the cash in front of the Swiss parliament building
  • Idea was to raise awareness of campaign for basic monthly income
  • Activists hope the cash raised will help them take their campaign worldwide

By Daily Mail Reporter

Published: | Updated:

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This genuine sale is perfect for anyone wanting to recreate Scrooge McDuck's cartoon money swimming pool.

An activist group is selling genuine vault from a Swiss bank complete with eight million coins worth £270,000

The safe is currently located in Basel, Switzerland, but the sellers say it can be removed and replaced anywhere in the world.

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Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (1)

Loadsamoney: This bank vault carpeted with £270,000-worth of Swiss five centime coins is up for sale

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (2)

Mobile: The safe is in Basel, Switzerland, but the sellers say it can be transported anywhere in the world

It was built in 1912 and features 1619 deposit boxes with all keys available. The boxes and lockers were handmade from steel and brass.

The vault is being sold by the Generation Basic Income Initiative, who campaign for a basic income for each Swiss citizen on a monthly basis.

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In October they placed eight million five-centime pieces into the bank vault, one for each citizen in Switzerland before dumping the 15 tons of money in front of the parliament building in Bern.

Now the vault and its contents are up for sale with the price negotiable on application.

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (7)

Message: Two activists from the Generation Basic Income Initiative, the group selling the bank vault

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (8)

Stunt: In October they placed eight million five-centime pieces into the bank vault, one for each citizen in Switzerland before dumping the 15 tons of money in front of the parliament building in Bern

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (9)

Swimming in cash: Now the vault and its contents are up for sale with the price negotiable on application

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (10)

Fully kitted out: The vault was built in 1912 for the Schweizer Volksbank and features 1619 deposit boxes with all keys available. The boxes and lockers were handmade from steel and brass

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (11)

Empty: The vault before it was filled with cash for the campaigners stunt last month

Spokesman Che Wagner says: 'It is the original bank safe from the former Schweizer Volksbank and known to be one of the finest Swiss piece of craftwork in the early 20th Century.

'It is in very good shape and still usable as a bank deposit safe. It will be removed from its original location and be replaced anywhere in the world. You'll freely decide what happens with it.

'This is not just an investment in a historical, exclusive and certainly unique object but also an investment in a global cultural impulse.'

The Generation Basic Income Initiative aims for the government to give a minimum monthly disposal household income of CHF 2,500 (£1,690; $2,700) to every citizen living in Switzerland.

As well as dumping the cash in front of the Swiss parliament last month, the group also presented MPs with a 130,000-signature petition urging them to introduce the radical measure.

The Swiss Parliament must address or hold a referendum over any issue which has gathered more than 100,000 signatures.

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (12)

Duck Tales: The sale is perfect for anyone wanting to recreate Scrooge McDuck's money swimming pool

Activists hope the sale of the vault will help them to raise the funds to take their campaign worldwide.

Mr Wager explained: 'The budget of our Generation Basic Income global cultural campaign is estimated at €10m; the amount we'll need to move on with our work to promote the idea of the basic income worldwide and especially in Switzerland, where within three years a national vote is held about the issue.

'This amount will set free possibilities of performances like the one with the coins on the national Square in Bern.'

Swiss bank vault on sale complete with EIGHT MILLION coins worth £270k (2024)

FAQs

Which country has the highest money in Swiss Bank? ›

Zurich-based SNB's data revealed that customer deposits went to a seven-year high of about Rs 4,800 crores, whereas holdings via securities and similar instruments also witnessed a sharp increase. The UK topped the list for foreign clients' money in Swiss banks at CHF 379 billion, followed by the US at No.

How much are Swiss banks worth? ›

Starting from a value of 1.74 trillion U.S. dollars in 2002, the total assets of Swiss banking corporations peaked at a value of 3.14 trillion U.S. dollars in 2021. In 2022, bank assets decreased slightly, amounting to 3.04 trillion U.S. dollars.

Why do millionaires keep their money in Swiss banks? ›

Contrary to popular opinion, Switzerland does not allow foreign individuals to live and bank in its borders tax-free. However, wealthy individuals can pay a low, lump-sum option on the money they bank inside the country, and the government considers their taxes paid.

How much money do you need to open a Swiss bank account? ›

The minimum balance depends on the type of account and bank you open with. For example, most major Swiss banks require a minimum initial deposit of one million U.S. dollars for foreigners. However, some banks have no minimum balance.

What is the richest bank in Switzerland? ›

The largest and second largest Swiss banks are UBS Group AG and Credit Suisse Group AG, respectively.

Which Swiss bank pays the most? ›

And one bank in particular is rewarding its staff handsomely. The best paid bankers in Switzerland are working for Vontobel, the Zurich-based private bank. The company paid an average 316,000 Swiss francs to its bankers last year.

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