[1][2] It was a Sovzagranbank involved in Russian gold trading and was owned by the Soviet government.
[2] It was named in honor of Voskhod which was an October 1964 three person space shot by the Soviet Union.
[2] The Russian word Восход, which transliterates to Wozchod in German or Voskhod in English, means dawn or sunrise.
[2] Wozchod Handelsbank (Zurich) was the first Soviet bank in Switzerland opening on 22 June 1966 and was headed by Albert Nikolaevich Belichenko (Russian: Альберт Николаевич Беличенко) from 1966 to 1969.
[6][b] The gold was transported from the Soviet Union to Switzerland under passenger seats on ordinary Soviet passenger aircraft using standard ingots of 12.5 kilograms (33 troy pounds) for a total load of 7 tons per flight.