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Old 03.10.2013, 16:17
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Corbets Corbets is offline
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Re: Credit suisse - W9 form and waiver forms

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Hi,

As an American student (Dual national) in CH, I have a student account with CS and have never worked in CH. They asked me to fill out the forms and send it ;otherwise, my account will be closed.

What does Congress want from a broke student that has 50 CHF in his account??

Unbelievable.
Congres doesn't want anything from you - yet. They will want a fair bit in a couple years, but that's an aside. The key point is that they're forcing the banks to go through a lot of annoying processes in order to identify Americans who *might* have untaxed money hidden somewhere.

Oh, and it gets worse - when I attempted to open a new account with CS at the end of 2012, they told me I needed to have a tax accountant certify that I had paid my American taxes within one year. Keep in mind, it can cost upwards of 3 grand to have your expat taxes done professionally. I decided to keep my other account instead.
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