Swiss franc loans – what's new for customers and banks?

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The issue of Swiss franc loans returns from time to time in public discussion. Both banks and borrowers are counting on the final regulation of this issue. The Supreme Court will issue its final verdict on April 13, indicating a uniform line of judgment. The financial supervision has proposed that banks resolve disputes with Swiss franc borrowers amicably. Let us recall that the situation concerns CHF mortgage loans granted in the years 2002-2009. The banks themselves believe that politicians, financial supervision and the justice system want to go too far in helping CHF borrowers.

Abusive clauses
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The expected Supreme Court ruling may mean an increase in the denmark whatsapp database of lawsuits against banks. The Financial Ombudsman has even published a list for Swiss franc borrowers who are considering legal action. They can check there whether the agreements contain abusive (prohibited) clauses. If they come across such provisions, the court may declare the loan agreement invalid. Opening the way for demands for the return of overpaid amounts by customers.

Financial Ombudsman
When the bank rejects such a complaint, customers can file a motion with the Financial Ombudsman to initiate intervention proceedings. When the case is taken up, its experts analyze the client's contract for free. Indicating what legal arguments he can use in accordance with the regulations. Without the need to immediately engage a lawyer in the case and sign expensive long-term contracts with him.

Supreme Court ruling
The decisions to be made on April 13 will concern several of the most important issues. The Supreme Court's ruling will answer six of the most important questions for Swiss franc borrowers. This will allow lower courts to unify the rules of adjudication in the cases brought.

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Proposals of the KNF and NBP
In view of the above situation, Jacek Jastrzębski's proposal is not surprising. The Chairman of the Financial Supervision Commission proposed that banks come out with settlement proposals for Swiss franc borrowers. With conditions attractive enough to be an alternative to court cases. The National Bank of Poland also presented its position, which may get involved in the process of converting Swiss franc loans. As long as the banks develop a uniform position and meet a number of required conditions.

Conclusions and costs
In polls, 1/3 of us have already stopped supporting the claims of Swiss franc borrowers. Realizing the costs of such a solution. A potential "collection" for this group of bank customers will hit all taxpayers in the pocket. The banking sector will also pay for it, compensating for the costs with higher fees from customers, i.e. all of us.