Switzerland was the only country that would accept the obviously looted gold. The Swiss National Bank, the country's central bank, acted as a clearinghouse by purchasing the gold in exchange for foreign currency. It charged 0.5 percent and sold the gold to other neutral European central banks at higher prices. According to recent reports, the Swiss National Bank in Bern knowingly took in $400 million ($3.9 billion in today's funds) in looted gold between 1939 and 1945 in outright violation of international law, which prohibits banks from fencing stolen goods. The commission alone netted the Swiss $20 million (about $200 million in today's currency).