Contact Info
Caputo & Partners
International
Legal & Tax Services
Talstrasse 20
Am Paradeplatz
8001 Zurich
Switzerland
P: +41 44 212 44 04
F: +41 44 212 44 05
Send Email
Call by Skype
View Map
Offices in
Zurich
Baar / Zug
Milan

Blocked Bank Accounts

Anti money laundering legislation is becoming more and more severe. Recently the Swiss Financial Market Supervisoy Authority (FINMA) imposed sophisticated IT-based programs to detect suspicious transactions. Each day the compliance officer becomes a list with unusual transactions on his table. All transactions he does not understand in reasonable time are blocked until he is in a position to understand the economic background of a transaction. If the funds are in the name of offshore companies and coming from exotic locations the compliance officer will freeze your bank account even if your transaction has nothing to do with money laundering. The banks are afraid about their reputation and they simply dont care if they are embarasing and damnaging the clients. Young and unexperienced bankers are stopping important transactions. If you do nothing - nothing happend.

If your funds are seizured, its time to call us for support. Due to our deep knowledge and experience in the private banking industry, we will know after the first call with the compliance officer why your account is freezed. We support our clients in collecting the right documents to unlock the bank account as fast as possible. We advise our clients which documents must be submitted to the bank and which documents must be retained. The delivery of wrong documentatin can be contraproductive making your case more complicated than it was before. We know what the compliance officer wants to hear and see. In most of the cases we know the compliance officer of your Swiss bank on a personal level which makes things much more easier. Its of crucial importance to solve the questions of the compliance officer before he becomes afraid and he may report your transaction to the Money Laundering Reporting Office. MROS.

Its absolutely advaisable to act immediately in order to avoid the reporting from the bank to MROS. If your transaction is reported, you can wait for long time until your account is unlocked.

Its imperative to segregate your case from a most compliacated case in which your are inolved due to unlucky circumstances. If one time invoved in a big investigation, its difficult to come out in reasonable tme period.

In most of the cases we can act immediately and negotiate a reasonable solution in a face to face meeting with the compliance officer. We know how to negotiate for you and we fight for your rights.

Our funding partner, Enzo Caputo, has a post graduate education in compliance management and he was compliance officer in big banks for decades. He knows which arguments are appropriate and which not.

If your bank account is blocked - do not hesitate to call us. We will fight for you. In this sector we are convinced to be more successful than any other law firm. Our multilingual staff is prepared to receive clients from everywhere in the world.
Related Links Swissbankinglaw.ch in RussianSwissbankinglaw.ch in Italian
Our Website in Russian
Come aprire un conto in una banca svizzera

Read our FAQ
Can I open a joint account? Get the answer right here!

Local Information
Time in Zurich: 4:19:10
Current weather in Zurich Live panorama of Zurich
© Copyright Enzo Caputo, Attorney at Law . Last updated September 7, 2010 . Disclaimer