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  #41  
Old 04.09.2019, 20:01
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Re: Bank recommendation

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Total nonsense. If a bank discovers this they will simply freeze it and report it as a money laundering suspect and good luck trying to get it back. Your choice, your money at risk.
Exactly.

Even if this is an EU regulation, you can be sure Switzerland will apply this similarly:

https://eur-lex.europa.eu/legal-cont...180709&from=EN
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  #42  
Old 05.09.2019, 07:13
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Re: Bank recommendation

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Total nonsense. If a bank discovers this they will simply freeze it and report it as a money laundering suspect and good luck trying to get it back. Your choice, your money at risk.
Clearly you have no clue as to what is going on in some banks in Switzerland then. That doesn't surprise me though. Many don't know.
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  #43  
Old 05.09.2019, 07:49
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Re: Bank recommendation

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Clearly you have no clue as to what is going on in some banks in Switzerland then. That doesn't surprise me though. Many don't know.
Can you recommend a good milliner? I would also like one of your stylish tinfoil hats.
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  #44  
Old 05.09.2019, 08:35
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Re: Bank recommendation [non-resident]

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I'm not domiciled in Switzerland, but spend quick a bit of my time there, so I thought it would be convenient to also have a transaction account there. I've been in contact with PostFinance and they seems to be willing to open an account for me, but they have an extra fee of 25 CHF per account for non-domiciled persons. So I'm wondering if there are any better alternatives? I'm not interested in a virtual bank, like Revolut and the like. But looking for a traditional bank with CHF and EUR accounts and possibility to interact with them in English.

Use Revolut or N26 or something like that?
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  #45  
Old 05.09.2019, 08:53
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Re: Bank recommendation [non-resident]

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Use Revolut or N26 or something like that?
Did you read the bit of the text you quoted where it said "Not interested in Revolut"? Everyone is a helpful genius on this thread, it turns out.
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  #46  
Old 05.09.2019, 09:02
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Re: Bank recommendation [non-resident]

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Did you read the bit of the text you quoted where it said "Not interested in Revolut"? Everyone is a helpful genius on this thread, it turns out.
I did not! Who's got the time to read four full lines before commenting? This is internet, no brains needed to interact!

lol, totally missed, good point
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  #47  
Old 05.09.2019, 09:11
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Re: Bank recommendation [non-resident]

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This is internet, no brains needed to interact!

Good description
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  #48  
Old 05.09.2019, 09:12
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Re: Bank recommendation

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Clearly you have no clue as to what is going on in some banks in Switzerland then. That doesn't surprise me though. Many don't know.
You'd be surprised. You can't move on this forum for people who either work in banking or in close partnership with them. Seems to be a quirk of being an expat in Switzerland.

If you do work in banking or finance, you would know that compliance and regulations is the tightest it has ever been (to the point of us tearing our hair out) and, whereas you might find a scrap of a loophole here or there if you are busting 20 million, you can forget it if you are some two-bit current account holder.

Unless, of course you are purposely "misrepresenting" your information to avoid "ridiculous charges", then everything is most definitely possible.

Until they find out.
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  #49  
Old 05.09.2019, 10:27
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Re: Bank recommendation [non-resident]

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I did not! Who's got the time to read four full lines before commenting? This is internet, no brains needed to interact!

lol, totally missed, good point



You'll soon be a "Forum Legend".............if not a moderator
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Old 06.09.2019, 08:08
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Re: Bank recommendation [non-resident]

This bank might be your best bet

https://www.jsafrasarasin.ch/internet/ch/en/ch_index
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  #51  
Old 06.09.2019, 10:33
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Re: Bank recommendation

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The 25chf for postfinance is the cheapest I know of. but maybe someone knows something cheaper.
Berner Kantonalbank charges 20/month on top of the 30/year that the cheapest account costs (Maestro card costs 30/year on top of that).
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  #52  
Old 06.09.2019, 10:47
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Re: Bank recommendation

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Berner Kantonalbank charges 20/month on top of the 30/year that the cheapest account costs (Maestro card costs 30/year on top of that).
Is that also for non residents?
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