@alimarchand: Story time about how hard it is to get a swiss bank account as an American 🫠 #americanabroad #expat #lifeabroad #banking

Ali Marchand
Ali Marchand
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Region: CH
Monday 01 December 2025 14:50:57 GMT
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emo.millenial
Emo Millennial :
We are taught America is the envy of the world and I'm learning we are just the clown with a giant military.
2025-12-01 17:49:14
15768
seaside4ever
seimn :
To be clear. The Problem is not the Swiss Banks but the fact that you have US Citizenship. Swiss banks got fried multiple times by the US and they have ridiculous laws for US citizens having accounts outside of the US.
2025-12-01 18:27:51
5746
jimmytiktok25
jimmytiktok25 :
It’s not Switzerland, America has a very out dated & backwards financial system
2025-12-02 08:38:38
2035
officialdrod
d rod :
no it’s so fun actually bc you learn how far the us goes to make sure you can never leave!
2025-12-01 20:46:31
4330
jessuisse
jessuisse :
UBS has literally one guy in the whole country that handles account openings for Americans. It was so difficult to get an appt with him, but I finally made it happen. 🙏🏽 😂
2025-12-01 15:44:43
844
andyavramenko
Andy A :
hey i am russian. you are guys fine, don't worry, it could be worse
2025-12-01 18:16:23
3140
calyps09
Calista :
Former banking compliance officer here- Swiss bank secrecy laws are some of the strongest in the world and the amount of info the US requires on foreign accounts held by citizens is diametrically opposed to that.
2025-12-01 22:43:41
2061
shamishami333
Shami :
It’s actually because of the US, Swiss banks don’t want to deal with the aftermath of FATCA so they just refuse to deal with US citizens
2025-12-01 18:58:52
618
doinitbig_
doitBIG :
As an american who lived in switzerland, i don’t blame the swiss banks. Why would you want to do extra paperwork for the USA. USA and brunei are thr only 2 countries that demand citizens pay taxes from abroad. Us govt jacked up thr cost to renounce bc so many are fed up
2025-12-01 18:56:10
523
jenthephotog
Jenthephotog :
Why are you wearing an American flag in Switzerland
2026-01-08 05:31:33
25
spiritussacntus
Mark :
It’s because of FATCA, they have to collect and report a lot of info back to the US and usually it isn’t worth it
2025-12-01 21:24:22
382
vincentvainio
vincent :
It’s cause of your TAX system 😭😭😭
2025-12-01 21:58:53
547
nertheswolf
Nertheswolf :
The US arrested a Swiss banker on holidays in the US. For failing to follow us regulations. Because his bank did business with US citizens in Switzerland. Not in the US, in Switzerland. 😅
2025-12-02 12:52:18
148
surrogate384
surrogate384 :
It's probably because you have to pay taxes to the US even if you don't live there anymore
2025-12-01 17:32:28
298
ohmyeyesmyeyes
Oh my eyes :
Really?!!?!?!? Switzerland has a shady banking history? Who is surprised?
2025-12-01 20:49:02
6
onthemovetoday
On The Move Today :
“I don’t even wanna be on the phone with you” 😂
2025-12-01 20:47:52
458
ananonymoussuit
AnAnonymousSuit :
There's a reason to avoid Switzerland. Bank discrimination. That's a new one!
2025-12-02 04:08:30
6
sonmi_452
adam :
the US forces al financial entities to keep them informed about all US clients they serve which costs more than the business itself.
2025-12-01 14:59:35
187
cestnouh
cestnouh :
POST FINAAANCE ?!? Girl you like to suffer 🥲
2025-12-02 07:51:11
10
therealadamroo
adamroo :
The Swiss banks don't comply with FATCA because a huge part of their business is foreign money laundering and sanctions avoidance, two businesses that Americans regularly engaged in by using Swiss banks. Since many Swiss banks find these regulations "burdensome" you will only find some wealth managers who require significant assets that will work with Americans. We saw this play out in 2023 with the Credit Suisse Tuna Bonds Scandal.
2025-12-01 19:42:17
54
aa1elw
Aa1elw :
so with all this freedom Americans claim to have, their government strictly controls where they can bank (except for the uber rich, of course). Can they challenge this law, and what's the chance of success?
2025-12-01 20:00:17
32
taylormbeck28
Taylor Beck :
Charles Schwab has a cross border brokerage for american expats
2025-12-01 21:14:20
552
hunterdeuling
Hunter Deuling :
your problem with banks outside America is because of FACTA an Obama Law
2025-12-01 19:53:12
128
a.barkha
A. Barkh :
As a Swiss citizen, opening a UBS Bank account in Switzerland was not easy. They asked me whether I am an American citizen, hold a Green Card, or have lived in the USA for more than six months. I was shocked, and they told me that due to U.S. compliance requirements and potential penalties, they prefer not to deal with U.S. persons.
2025-12-01 19:10:33
90
ticktocktao
ticktocktao :
‘It’s not evading taxes….its protecting assets.’ Hmmm.
2025-12-03 08:36:30
20
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