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The banks and the Swiss Abroad
The Swiss Abroad’s increasingly difficult relationship with the Swiss banks, in particular over the closure of bank accounts without providing justification, was also an issue addressed by the CSA on this occasion. However, several banks have indicated their willingness to the Organisation of the Swiss Abroad (OSA) to provide Swiss citizens abroad with bank accounts under certain conditions. OSA’s Legal Department will publish a summary of the banking institutions and the conditions in the next issue of “Swiss Review” (to be published on 22 July 2015).