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  #21  
Old 27.07.2011, 17:04
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Re: Can you keep Swiss bank account if you move?

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Exactly. Do I need any particular experience to comment on things? How much experience do I need?

Anyway since you do have the experience, would the post necessarily be cheaper than the bank or landlord? It would be nice to know for future reference.
Well yes, in the case of this question, having local knowledge would be helpful, at least more helpful than someone who has an (at times incorrect) inkling of life in Switzerland with no actual experience.

So since you asked:
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Why even bother to tell anyone? Just pay the landlord to forward the mail.
in a previous posting, telling the bank is something you ruled out yourself.

Which leaves the landlord or the post. Whether one is cheaper than the other is only part of the solution. Is the landlord as reliable as the Post? Probably not. Equipped to forward the mail in a timely manner? Probably not. Motivated to even want to? Who knows.

Hence, I suggest the Post.
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  #22  
Old 27.07.2011, 17:18
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Re: Can you keep Swiss bank account if you move?

I just need somewhere to hide some gold!
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  #23  
Old 27.07.2011, 17:34
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Re: Can you keep Swiss bank account if you move?

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I just need somewhere to hide some gold!
Safe deposit box is an option if you can open a bank account.

If anybody can recommend any private storage facilities, unrelated to banking, I'd love to know about them.
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  #24  
Old 27.07.2011, 17:39
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Re: Can you keep Swiss bank account if you move?

In essence, wot Louis Wu said.

I opened an account with UBS when planning to move to Switzerland from the EU (not the UK) - move then delayed for a year or so. About 3 months ago, they introduced a fee of CHF 20 for, in essence, the admin hassle to UBS of having a non-Swiss address. But there was an exemption from the fee for addresses in certain EU countries. I remember Germany being one, don't remember the others.

I was there last week and the UBS person did comment in passing that there was now additional hassle involved with the US but I'm not a US citizen so she didn't elaborate.

Look like there are Swiss banks here that won't charge you to send statements abroad so I would investigate that.
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  #25  
Old 27.07.2011, 17:43
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Re: Can you keep Swiss bank account if you move?

I haven't got any deep insight into this, but my dude from the ZKB says that it depends if a foreigner just leaves CH without them knowing, then they'd be none the wiser, but they normally like a new forwarding address and they'd rather not encourage foreign accounts once people have left unless its several hundreds of thousands or a few million. This isn't ZKB policy BTW, just some info as background for the OP.
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  #26  
Old 27.07.2011, 17:49
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Re: Can you keep Swiss bank account if you move?

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I haven't got any deep insight into this, but my dude from the ZKB says that it depends if a foreigner just leaves CH without them knowing, then they'd be none the wiser, but they normally like a new forwarding address and they'd rather not encourage foreign accounts once people have left unless its several hundreds of thousands or a few million. This isn't ZKB policy BTW, just some info as background for the OP.
Same feedback from another ZKB person. The client was going to the US for a couple of years (work related), he was a Swiss citizen and was coming back.

He told his ZKB RM. The RM (apparently) said, "I'll forget you ever mentioned that".
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  #27  
Old 02.09.2011, 15:35
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Re: Can you keep Swiss bank account if you move?

UBS telling me maintainance fee depends on what services you are asking for, if you keep the ac active without having any account transfer access, then the monthly charge is as low as 3 chf.
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  #28  
Old 02.09.2011, 23:18
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Re: Can you keep Swiss bank account if you move?

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Hi All, Is it possible to keep your Swiss bank account (say with Credit Suisse) with an address outside Switzerland (UK) when you eventually move back home.
Yes. In fact, it's even possible to have a Swiss bank account without ever having lived in Switzerland. Works just fine...
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  #29  
Old 02.09.2011, 23:40
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Re: Can you keep Swiss bank account if you move?

We use postfinance and they didn't have any problems when we moved to Germany or India. No extra charges or anything, even for sending the statements and whatever. Quite happy with the service. Online banking obviously a bit of a must for managing the account from abroad.
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  #30  
Old 11.12.2012, 14:27
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Re: Can you keep Swiss bank account if you move?

Anyone has updated information?

Asked Postfinance, and they told me No, as I am not a Swiss and don't work for a Swiss company
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  #31  
Old 11.12.2012, 15:03
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Re: Can you keep Swiss bank account if you move?

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Anyone has updated information?

Asked Postfinance, and they told me No, as I am not a Swiss and don't work for a Swiss company
May depend on your nationality. If you're American or are going to work in the US the answer will definitely be no you can't, but not sure about any others.
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  #32  
Old 11.12.2012, 15:09
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Re: Can you keep Swiss bank account if you move?

Hi, I believe if you maintain a Swiss address you will be subject to the wealth tax, whereas if you have no address that ones does not apply anymore. Does any one know whether that is correct?
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  #33  
Old 11.12.2012, 15:10
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Hi, I believe if you maintain a Swiss address you will be subject to the wealth tax, whereas if you have no address that ones does not apply anymore. Does any one know whether that is correct?
Not correct at all, if your registered as living here you pay wealth & income tax.
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  #34  
Old 11.12.2012, 15:11
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Re: Can you keep Swiss bank account if you move?

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Hi, I believe if you maintain a Swiss address you will be subject to the wealth tax, whereas if you have no address that ones does not apply anymore. Does any one know whether that is correct?
You pay wealth tax as a result of completing a Swiss tax return. Thus if you complete one for whatever reason and are liable, you will pay...
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  #35  
Old 11.12.2012, 19:42
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Re: Can you keep Swiss bank account if you move?

just did this today. They told me no problem to keep the account (post) to forward the letters it was 43 chf upto one year they send them. Adress did not have to be in Switzerland but it was 107 chf to send it to the USA
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  #36  
Old 12.12.2012, 16:50
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Re: Can you keep Swiss bank account if you move?

Man, I am getting tired of all this **** associated with my passport.

I recently moved from Switzerland to Germany. A week before my move, I received a letter from UBS telling me that I had to provide them with my US social security number and a US tax form, otherwise they would terminate all dealings with me in March 2013.

Since I'm fed up with UBS anyway, and all I really need is an account where my salary can be deposited and a good portion of it then transferred to my German bank, I contacted Post Finanz about opening an account. They called me back today - no chance. If I was still living in Switzerland, I could open an account, but as a US citizen living in Germany, they won't open an account for me.

I'm not sure what pisses me off more - the fact that the US government is sticking their noses into the Swiss banking system, or the fact that the Swiss banking system is taking it out on the US expats here.
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  #37  
Old 12.12.2012, 17:00
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Re: Can you keep Swiss bank account if you move?

No, I am not US citizen, but Asian moving to EU, but Post Finance seems quite strong to ask me to close it....
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  #38  
Old 19.12.2012, 22:51
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Re: Can you keep Swiss bank account if you move?

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just did this today. They told me no problem to keep the account (post) to forward the letters it was 43 chf upto one year they send them. Adress did not have to be in Switzerland but it was 107 chf to send it to the USA
That's so odd. I have tried to contact them both by call and mail, and both say no to me .... Maybe I have with them for too short time?
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  #39  
Old 20.12.2012, 13:45
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Re: Can you keep Swiss bank account if you move?

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No, I am not US citizen, but Asian moving to EU, but Post Finance seems quite strong to ask me to close it....
Ok, but do you happen to have US green card? that is also toxic, just like US citizenship
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  #40  
Old 15.01.2013, 22:57
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Re: Can you keep Swiss bank account if you move?

I'm going back to UK from 1st March. UBS told me today that they will have to close the bank account by 1st April. As a side note they also said that my credit card would be cancelled from 1st March unless I gave them collateral of 20,000chf!!
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