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UBS has started charing an offshore tax to customers living outside of Switzerland. 540 francs per year! As the client of an independent asset manager I have been affected by this new fee. Do other custody banks add this charge?
Hi there,
Many Swiss banks have begun to charge non-residents additional fees. The moneyland.ch guide to non-resident fees at Swiss banks explains which banks charge non-resident fees and which do not.
Best regards from Moneyguru
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