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but i just moved here and i want to open a bank account cool where are you from i just moved here from america wait are you a u.s citizen or a green card holder yeah iamp;#39;m a u.s citizen sorry you canamp;#39;t open a bank account here why not because of fatca like a big cat like fat cat no fat foreign account tax compliance act whatamp;#39;s that we would be required to report to your irs that you have a swiss bank account here okay so do that whatamp;#39;s the problem if we would do for you we would have to do it for every u.s taxpayer we have to change our whole system to even identify if you were born in the us thereamp;#39;s too much red tape come on let it slide what if i open a business account are you a substantial owner in the business i mean yeah i own it sorry no can do my friend it costs too much to deal with the paperwork go find another bank