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Old 04.10.2013, 15:04
Medea Fleecestealer's Avatar
Medea Fleecestealer Medea Fleecestealer is offline
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Re: Credit suisse - W9 form and waiver forms

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Correct. However, Credit Suisse doesn't require you to send in an FBAR.
No, the US government/IRS does if any or all accounts reach the $10,000 aggregate figure. And that applies even if you don't need to file a tax return.

I've just renounced earlier this year and have no income to file. However, the joint accounts I share with my OH required back filing of FBAR's and I will need to file a partial FBAR next year, along with my 8854 form. I managed to renounce just before UBS sent me the W-9 form.

The point is, whether you need to file any tax forms of any kind for the IRS/US government or not, to get/keep a bank account here as a US citizen you either have to sign a W-9 or renounce. It's that simple. Utterly stupid, crazy, mad, but that's the choice. Nothing else is possible if you want a Swiss bank account.
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