Here you will find the right answers
The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.
Show categories
Can an heir claim on medium term notes from Swiss banks before the bond term is complete? I inherited a stack of Swiss medium term notes from my dad and would like to convert them to cash ASAP.
Hi there,
In Switzerland, medium term notes are counted as wealth for inheritance purposes and must be distributed as per Swiss rules of succession.
Medium term notes can be cashed out ahead of maturation during inheritance proceedings. However, doing this is not recommended because in cashin out a note ahead of schedule, bearers forfeit unpaid yields and may also have to pay penalties.
Ideally, you should wait until the notes mature rather than terminating them ahead of schedule.
Best regards from Moneyguru
More on this topic:
Swiss medium term note comparison
Low-Cost Bank Accounts & Debit Cards
Bank WIR Bankpaket Top
Best exchange rate: pay worldwide at the interbank rate
24 free ATM withdrawals worldwide per year
Free account & card
Yuh
No account fees
Banking partner: Swissquote
CHF 20 trading credit with code «YUHMONEYLAND»
PostFinance
For startups
2 year's free account management
Free credit card in the first year
Deal of the Day 
Swiss Bank
Bank WIR Bankpaket Top
Best exchange rate: pay worldwide at the interbank rate
protected by
