ZURICH, March 28 (Reuters) - Clients of Swiss bank
PostFinance living in Cuba have in recent weeks received
notifications that their accounts will be closed, Swiss public
broadcaster SRF said on Friday, citing U.S. sanctions pressure
on the Caribbean island.
SRF, which published what it said was a copy of a letter
sent in March to one of the affected clients, did not explicitly
state why the closures were ordered or how many customers were
affected. But it said that PostFinance was systematically giving
notice to customers with ties to Cuba.
PostFinance said in response to a Reuters query that some of
the SRF report drew on speculation and that any possible
termination of business ties was carefully reviewed in advance.
"Due to bank-client confidentiality, we cannot comment on
the specific reasons that ultimately led to the termination of
individual business relationships," the state-owned bank said.
SRF said the reason behind the steps was renewed tightening
of U.S. economic sanctions against Cuba under U.S. President
Donald Trump, without providing direct evidence.
In the letter the broadcaster published, the bank explained
that the account concerned would be closed because the
customer's profile "does not match PostFinance's business policy
orientation."
On January 20, the day he returned to office, Trump revoked
the Biden administration's last-minute decision to remove Cuba
from the U.S. list of state sponsors of terrorism.
PostFinance said international sanctions are subject to
constant change and that sanctions against Cuba are not new, but
have also evolved over time. Thus PostFinance has consistently
adapted its internal policy on the matter, it added.
The U.S. embassy in Switzerland did not immediately reply to
a request for comment by Reuters.
(Additional reporting by Oliver Hirt; Writing by Dave Graham;
Editing by Hugh Lawson)