Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #21  
Old 01.02.2017, 17:55
Medea Fleecestealer's Avatar
Forum Legend
 
Join Date: Jul 2011
Location: Switzerland
Posts: 21,493
Groaned at 372 Times in 287 Posts
Thanked 16,325 Times in 9,259 Posts
Medea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond reputeMedea Fleecestealer has a reputation beyond repute
Re: Bank Rejections Lugano - Ideas?

Quote:
Use your parents account, find a lawyer who would be willing to do it or a fiduciare, their are plenty about who will do it, for a fee, but the banks are unlikely to touch you, sorry, you're just too toxic....
Not sure even that would work. For signatory rights or POA on the parents' account by MobileLifestyle again a bank will ask about any American connection and then back to square one.
Reply With Quote
  #22  
Old 01.02.2017, 21:43
miniMia's Avatar
Forum Legend
 
Join Date: Apr 2007
Location: romandie
Posts: 9,993
Groaned at 101 Times in 92 Posts
Thanked 9,106 Times in 4,522 Posts
miniMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond repute
Re: Bank Rejections Lugano - Ideas?

Quote:
View Post
That's what I'm currently doing but that doesn't work for rent unfortunately, especially since I'm gone months at a time.

Really need to find a bank and was hoping that other Americans here have suggestions.
The only ones that take American persons are UBS and Credit Suisse. If you are registered here it should not be a problem.

The connections you still have to the US are a problem. You need to figure out how to get around them, which means having a frank discussion with the foreigners unit at these two banks.
Reply With Quote
This user would like to thank miniMia for this useful post:
  #23  
Old 01.02.2017, 22:57
Forum Veteran
 
Join Date: Aug 2014
Location: Switzerland
Posts: 1,348
Groaned at 24 Times in 19 Posts
Thanked 998 Times in 592 Posts
Meerkat33 is considered knowledgeableMeerkat33 is considered knowledgeableMeerkat33 is considered knowledgeable
Re: Bank Rejections Lugano - Ideas?

Quote:
View Post
Not sure even that would work. For signatory rights or POA on the parents' account by MobileLifestyle again a bank will ask about any American connection and then back to square one.
Well she could set up payments for rent and direct debit for bills in her parents account and "use" them as proxy.
Reply With Quote
The following 3 users would like to thank Meerkat33 for this useful post:
  #24  
Old 02.02.2017, 06:09
Forum Veteran
 
Join Date: Feb 2012
Location: CH
Posts: 2,304
Groaned at 87 Times in 73 Posts
Thanked 2,002 Times in 1,123 Posts
ivank has a reputation beyond reputeivank has a reputation beyond reputeivank has a reputation beyond reputeivank has a reputation beyond repute
Re: Bank Rejections Lugano - Ideas?

Many landlords send bills as orange payslips. You can pay them fully with cash at the post, no account needed.
Reply With Quote
  #25  
Old 02.02.2017, 11:19
miniMia's Avatar
Forum Legend
 
Join Date: Apr 2007
Location: romandie
Posts: 9,993
Groaned at 101 Times in 92 Posts
Thanked 9,106 Times in 4,522 Posts
miniMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond reputeminiMia has a reputation beyond repute
Re: Bank Rejections Lugano - Ideas?

Quote:
View Post
Many landlords send bills as orange payslips. You can pay them fully with cash at the post, no account needed.
That might be a bit difficult during the months she is in the US... which is the point of why she wants/needs a bank account.
Reply With Quote
This user would like to thank miniMia for this useful post:
  #26  
Old 02.02.2017, 11:30
Forum Veteran
 
Join Date: Feb 2012
Location: CH
Posts: 2,304
Groaned at 87 Times in 73 Posts
Thanked 2,002 Times in 1,123 Posts
ivank has a reputation beyond reputeivank has a reputation beyond reputeivank has a reputation beyond reputeivank has a reputation beyond repute
Re: Bank Rejections Lugano - Ideas?

Quote:
View Post
That might be a bit difficult during the months she is in the US... which is the point of why she wants/needs a bank account.
Prepay these months in advance. If you have the cash it's not an unsolvable problem. Much harder if you have no money, but that doesn't seem to be the case here

Quote:
View Post
The only ones that take American persons are UBS and Credit Suisse. If you are registered here it should not be a problem.
PostFinance takes US persons too, as long as you're a resident here
Reply With Quote
This user would like to thank ivank for this useful post:
  #27  
Old 04.02.2017, 00:11
mdk mdk is offline
Newbie
 
Join Date: Sep 2014
Location: Porza
Posts: 8
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
mdk has no particular reputation at present
Re: Bank Rejections Lugano - Ideas?

Can confirm PostFinance.

I moved here (Porza, but close enough to Lugano) two-ish years ago from the US... Postfinance was hesitant at first. The first person I talked to at the downtown Lugano branch saw my passport, and said no. However, I escalated a bit and they accepted me as soon as I could provide a copy of my residence permit.

More recently, I opened up an additional account with them last month. They requested a copy of my latest residence permit, but everything went smooth after that; so they seem to at least be tolerating people that have ties to the US.
Reply With Quote
  #28  
Old 04.02.2017, 10:36
Guest
 
Posts: n/a
Re: Bank Rejections Lugano - Ideas?

Quote:
View Post
Can confirm PostFinance.

I moved here (Porza, but close enough to Lugano) two-ish years ago from the US... Postfinance was hesitant at first. The first person I talked to at the downtown Lugano branch saw my passport, and said no. However, I escalated a bit and they accepted me as soon as I could provide a copy of my residence permit.

More recently, I opened up an additional account with them last month. They requested a copy of my latest residence permit, but everything went smooth after that; so they seem to at least be tolerating people that have ties to the US.
I should read all of the post, the guy is 50% here, 50% US and that is the problem.

We all know US citizens can open simple accounts with PF, UBS or CS if they accept the draconian terms and conditions imposed by the US Government.
Reply With Quote
This user would like to thank for this useful post:
  #29  
Old 04.02.2017, 10:40
st2lemans's Avatar
Forum Legend
 
Join Date: Dec 2010
Location: Lugano
Posts: 29,165
Groaned at 2,043 Times in 1,527 Posts
Thanked 34,719 Times in 16,494 Posts
st2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond reputest2lemans has a reputation beyond repute
Re: Bank Rejections Lugano - Ideas?

Quote:
I should read all of the post, the guy is 50% here, 50% US and that is the problem.
SHE is here 50%, and that is indeed the problem, as SHE doesn't need to register here, nor need a permit, as SHE is Swiss.

(Swiss only need to register if here MORE than 50%)

Hope all is clearer now!

Tom

P.S. As I previously stated, my daughter could keep her UBS account after moving to the US, BUT they jacked up the price, and CHF 3/ month for an empty account was a bit much, so I closed it for her.

That said, I doubt if she could open another without moving back first, so the OP will first have to register here, open an account, and then de-register!
Reply With Quote
Reply

Tags
americans, bank, fatca




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Advice on best bank to bank with from Canada/UK LAP5150 Finance/banking/taxation 2 16.07.2016 11:30
In which bank to open a bank account? MariV Finance/banking/taxation 11 16.10.2012 13:11
sending money through bank, without bank account? vribium Finance/banking/taxation 3 15.05.2012 14:49
Bank Bank Piguet SA-Good at managing a pension fund? Chester Finance/banking/taxation 3 02.04.2011 22:36
Need UBS Bank ClearingNumber Branch Lugano Casarate .. Tupac Finance/banking/taxation 3 17.09.2010 17:06


All times are GMT +2. The time now is 10:40.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0