[sangnoir]

Banks ask everyone during application if applicant have a US citizenship, because of some anti-terror-funding law which non-American banks find onerous. Are you saying the kids should lie and deny being American?

[Grazester]

It's not about anti terrorism measures. It about fatca

https://www.irs.gov/businesses/corporations/foreign-account-...

[sangnoir]

Thanks for the correction!

[charlesdm]

FATCA is a pain though

[nix23]

>Are you saying the kids should lie and deny being American?

No, you just don't have to say it, you have a swiss passport and that's it.