Banking problem: No solution for the Swiss Abroad

OSA PRESS RELEASE: Bern, 13 June 2018 – The Organisation of the Swiss Abroad (OSA) representing the interests of 751,800 compatriots living abroad, is disappointed that the Council of States today rejected Motion 17.3626 by 30 votes to 9 with 4 abstentions. The Council of States has decided not to follow the majority of its Foreign Policy Commission (APK-S) and has rejected a motion calling on PostFinance to accept Swiss Abroad on similar terms as citizens residing in Switzerland. The problem that has existed for our compatriots living abroad for ten years remains unresolved.

 

Since 2008 Swiss Abroad have difficulties in maintaining a banking relationship in Switzerland on reasonable terms. However, our compatriots are increasingly moving abroad for professional reasons for a short period of time only, which makes it all the more necessary to keep a bank account in Switzerland in order to maintain health insurance cover, the payment of social security contributions, the receipt of benefits from pension funds or the administration of income and expenses related to a property.