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Old 03.10.2013, 16:28
dathrilla dathrilla is offline
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Re: Credit suisse - W9 form and waiver forms

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A few options:

1 - Ignore and let the account be closed. Note that if you want an account anywhere else they'll require the same forms.

2 - Sign the forms and send them back. It's annoying and stupid and invasive and a dozen other things I can think of, but as you have nothing to hide it's not THAT big of a deal. Just keep your account balances low, report on taxes as required, etc. What I hate is the principle of it - that I have to waive my rights under Swiss law (where I live, and therefore the laws that should apply) in order to comply with U.S. law.

3 - If you're a dual citizen, consider if it's worthwhile for you to keep the blue passport. I have no other citizenship options, so my choices were only 1 or 2.
Regarding option number 2, Does the waiver solely apply to CS or will the IRS have access to any other potential bank accounts in my name in CH?
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