What is a Third-Party account?
behalf of and for the benefit of the demanding Institution or Collaboration.
collaboration work in a CERN experiment executed on the CERN premises.
Information about bank fees.
In August 2019, a change in banking processes for payments issued by CERN has resulted in a modification of the bank fees supported by some recipients of payments processed by claims.
This change concerns only payments in CHF to a bank account outside Switzerland. Payments in CHF to a CHF Swiss bank account are not subject to these changes.
After investigating the reasons, the FAP Department confirms that these bank fees are not charged by CERN's bank, but rather due to the agreements in place between banks (the recipient's bank may charge bank fees for international transfers, use of an intermediary bank, etc.). They are not related to the country nor to the currency of the recipient's account which may result in an apparent randomness (e.g. a recipient in Germany may have been charged additional fees for a payment in CHF on a EUR account, whereas another one has benefited from a decrease or disappearance). At this stage, we can only advise the recipient to turn to their bank for more details.