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Old 10.09.2020, 19:27
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Bank account

Hi. I would like to know if I change address of my bank account from swiss to EU-based, could because of this my bank lock my bank account?
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Old 10.09.2020, 19:29
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Re: Bank account

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Hi. I would like to know if I change address of my bank account from swiss to EU-based, could because of this my bank lock my bank account?
You probably just pay more per month
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Old 10.09.2020, 19:32
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Re: Bank account

I really hate to say it but you need to ask your bank.
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Old 10.09.2020, 21:59
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Re: Bank account

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I really hate to say it but you need to ask your bank.

Banks can - and do - lock accounts when you change your residence country, until they have the paperwork they require.


Some banks have policies of Swiss residents only, so you move, you lose.


Bowlie is right, you need to ask your specific bank.


Roegner is also right, sometimes it's ok, but you have to pay more.


And sometimes, banks are stupid. I opened a second, Euro account named the same as my French SCI with Postfinance, because they sent me an offer to have a separate currency account in my name, which I could use as a "business expenses" account. But despite me being Swiss resident, they charged me a non resident fee of (IIRC) 25chf "because the SCI is not in Switzerland", plus put spending limits on the account to such a degree it was practically useless. It was absolutely NOT what was in the T&Cs, but I gave up arguing and closed it.



Just... ask.


Regards




Ian
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