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Old 27.03.2013, 11:20
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Move to the US but keep a Swiss bank account open

I'm originally from Spain, but I've been working in Switzerland for the last 5 years, and have a bank account in UBS. Now I'm moving (as a non-inmigrant worker) to the US.

I would like to keep some bank account open here in Switzerland. Is there any bank that will allow me to keep an account open with reasonable conditions?

By reasonable conditions, I mean I won't have millions in that account, but definitely an amount below 100k. UBS told me I can't unless I pay extremely high commissions or leave something like 500k.
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Old 27.03.2013, 11:29
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Re: Move to the US but keep a Swiss bank account open

I doubt it. With all the new FATCA rules coming into force, most banks will not allow persons with US residence to have a CH account. Of course ask your particular bank and see what they say. My bank, one of the big 2, said no way, and even requiring you to sell your house if you have mortgage.
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Old 27.03.2013, 11:38
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Re: Move to the US but keep a Swiss bank account open

I asked Swissquote by phone some time ago, and told me that it should be fine. It was just too easy: "sure, just update your address in our web".

I just asked them by e-mail again, and hopefully I'll get an answer in written form.
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Old 27.03.2013, 12:11
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Re: Move to the US but keep a Swiss bank account open

I got mine still with the post and and they arent saying anything about it....very little money left in it also
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Old 13.05.2013, 18:31
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Re: Move to the US but keep a Swiss bank account open

Hi... Anyone have any updates to this? I am a US/Swiss dual citizen, currently living and working in Switzerland. I have an account with UBS CH (administered out of Baden, the group responsible for US citizens) but have just been told it will be closed when I move to the US in a few months. Am interested in keeping an account here with my 2nd/3rd pillars, plus a small amount of cash to pay bills. Would be grateful for any advice! Thx!
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Old 13.05.2013, 20:19
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Re: Move to the US but keep a Swiss bank account open

Not likely to happen. If UBS won't let you keep them, then I doubt either Credit Suisse or PostFinance will either. They're the only ones keeping US customers at all in Switzerland, but they certainly don't want to know you once you leave. You'll have to close them out and take them with you to the US I'm afraid.
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Old 13.05.2013, 20:34
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Re: Move to the US but keep a Swiss bank account open

I bank with UBS and will be moving back to the states in a couple of months and have heard the same thing. From my perspective it seems like no chance of keeping it open.
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Old 20.01.2014, 09:52
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Re: Move to the US but keep a Swiss bank account open

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I got mine still with the post and and they arent saying anything about it....very little money left in it also
Do they charge 10 chf per month?
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Old 20.01.2014, 15:34
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Re: Move to the US but keep a Swiss bank account open

Yep, the PostFinance account was my best choice at the end. And, yes, they charge 10 CHF/month to keep the account open.
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Old 20.01.2014, 17:04
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Re: Move to the US but keep a Swiss bank account open

I have the same problem, the staff of UBS told me I have to pay CHF30/month to keep the account if I am not more living in Switzerland. By the way, I can send a letter to them when I want to close the account.
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