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Yep.. it's becoming increasingly hard to do any business with overseas banks if you have US Citizenship. Foreign banks don't want the liability.
by andrewpi 14y ago
Yep.. it's becoming increasingly hard to do any business with overseas banks if you have US Citizenship. Foreign banks don't want the liability.
- antr 14y agoVery good point. In Switzerland, if you have a US passport, it is pretty difficult to open a bank account and/or get financial advice. Apparently bank/advisors can get into trouble for reasons I am not well up to date.
- acangiano 14y agoYup. People with dual citizenship ("American" and "Swiss") living and working in Switzerland, have a hard time opening a bank account due to their American citizenship.