What are the difficulties encountered by the Research Office ?

Most applicants take it for granted that the Research Office will find the money coming to them. The unfounded rumours circulating with regard to billions of francs still lying unclaimed in Swiss coffers have created further expectations and increased the supposed amounts to be discovered.

At the end of a business relation, banks will keep the relative documentation for a period of ten years in general, after which it is destroyed. This means that if the account owner or proxy holder withdrew the assets and closed the account, there will be no trace left after ten years’ time. The bank moreover has no means of proving that the business relation ended in a normal fashion.

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