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PostFinance

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2022

    Swiss Federal Court rules PostFinance unlawfully closed Vekselberg's account

    Ruling

    Switzerland's highest court ruled that PostFinance violated the law when it closed Viktor Vekselberg's account and ordered the bank to maintain the business relationship and continue the postal account. The court also ordered PostFinance to bear CHF8,000 in court costs and pay Vekselberg CHF9,000 in compensation.

    Source excerpt

    • This content was published on February 17, 2022 - 18:42
    • The ruling obliges PostFinance to “maintain the business relationship with Vekselberg and to continue the postal account in Swiss francs with the number 15-174627-7”. PostFinance also has to bear the court costs of CHF8,000 ($8,700) and pay Vekselberg compensation of CHF9,000.
    • The Swiss Federal Court has ruled that PostFinance, a financial unit of the Swiss Post, violated the law when it closed the bank account belonging to Vekselberg at the end of 2018.
    Source