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Private Clients - Switzerland

Dormant Accounts

What you need to think about when you break off contact with the bank.

Time and again, contact with some banking customers is lost, and assets deposited with the bank become dormant as a consequence. The charges and fees levied by the bank in the normal course of operations continue to apply in this case. In addition, the bank also charges customers an appropriate sum for costs incurred in undertaking investigations, as well as for costs incurred in the special treatment and monitoring of dormant assets.

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