Two weeks ago, UBS refused my money transfer to a Swiss association called Collectif Urgence Palestine (CUP). It wasn’t until I threatened my bank "advisor" with contacting the Swiss Banking ombudsman that she indicated that UBS has decided to follow a black list established by a non-banking entity. Irritated, she added that I just had to leave if I wasn't satisfied (!). There was no way I could get the info in writing or know anything else. A representative of the CUP explained to me that UBS is the only bank acting this way, blocking money transfers to Swiss associations whose name include the word "Palestine".
What gives UBS the right to decide what I can and cannot do with MY money?! I'm disgusted by their contempt and LACK OF TRANSPARENCY.
So, I'm going to move to another bank. Any advice?