The Swiss who live abroad will not denounce Postfinance that does not grant them the right to have a credit card. At the meeting in Bern today, the Council represents them (CSE) has decided to give priority to dialogue.
The association is still "acting against discrimination banking," it said in a statement. The banks "continue to put a spoke in the wheels of Swiss nationals who live abroad and wish to maintain a banking relationship with their country of origin." The CSE has instructed the Organization of the Swiss Abroad to propose solutions within the month of August.
PostFinance will lower rates for the companies for payments made with the PostFinance Card at the electronic terminals EFT / POS, after Mister Price had pushed towards this direction.
The reductions agreed upon by both parties globally will reduce PostFinance SA revenue of at least CHF 3.5 million in 2017 and at least 4 million francs in 2018, as stated in today’s press release of Price supervisor. The authorities took action in the second quarter 2015: the investigation had established that the business segment in question the Post Office branch has too high margins.
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