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Old 07.03.2018, 20:43
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Banking US citizen (2018) - USB And Credit Swiss - Docs required?

I have read many posts about this. I just want to make sure that nothing has changed this year (2018). USB and Credit Swiss are the banks still taking US Citizens, correct?

What is the documentation required to open a bank account? Besides yours passport, permit document and employment contract.

Many thanks,
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Old 07.03.2018, 21:18
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Re: Banking US citizen (2018) - USB And Credit Swiss - Docs required?

Nothing, that should do it. You'll need to sign a W-9 to allow the bank to send the account details on to the IRS. You could also try PostFinance.
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Old 07.03.2018, 21:19
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Re: Banking US citizen (2018) - USB And Credit Swiss - Docs required?

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Nothing, that should do it. You'll need to sign a W-9 to allow the bank to send the account details on to the IRS. You could also try PostFinance.
Noted. Thanks. I know all about FATCA. I am actually coming into Switzerland to work in FATCA / CRS and US tax reporting....ironic.
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Old 07.03.2018, 21:41
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Re: Banking US citizen (2018) - USB And Credit Swiss - Docs required?

I bank with Migros, and I recently saw one of our American members post that they got an account there too - but they had to insist on seeing a supervisor. My basic Migros account with a debit card (no credit card) is only 3 Francs a month so I consider that a good bargain.
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Old 07.03.2018, 21:42
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Re: Banking US citizen (2018) - USB And Credit Swiss - Docs required?

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I bank with Migros, and I recently saw one of our American members post that they got an account there too - but they had to insist on seeing a supervisor. My basic Migros account with a debit card (no credit card) is only 3 Francs a month so I consider that a good bargain.
I will try that supervisor route Thanks !
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Old 07.03.2018, 22:09
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Re: Banking US citizen (2018) - USB And Credit Swiss - Docs required?

If you keep more than CHF7,500 in your account with PostFinance it's free.

And don't forget the FBARs as well. May need to do those for clients possibly, even though they're done electronically these days.
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Old 08.03.2018, 17:25
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Re: Banking US citizen (2018) - USB And Credit Swiss - Docs required?

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I have read many posts about this. I just want to make sure that nothing has changed this year (2018). USB and Credit Swiss are the banks still taking US Citizens, correct?

What is the documentation required to open a bank account? Besides yours passport, permit document and employment contract.

Many thanks,
Never heard of the USB bank!

But my laptop has a connection for such!
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