Claim for retrocessions: our clients' initial doubts - Liti-Link AG
by Liti-Link AG / 11.06.2024

Our clients' initial doubts

Swiss bank Retrocessions

The world of finance can be complex and opaque, especially when it comes to hidden fees and commissions that banks keep. Liti-Link helps clients from all over the world to reclaim retrocessions from Swiss banks. Our clients come from a wide variety of countries such as Argentina, Germany, Italy, Israel, UK, Brazil and many more. Despite their different backgrounds, they often share similar concerns and fears before deciding to pursue their claims with our help. Here are some of the most common doubts and how we at Liti-Link address them:

1. Hidden costs in the process

A common theme among our clients is the fear of hidden costs that could arise during the reclaim process. At Liti-Link, we place great importance on transparency. Our success fee is only due in the event of success, so our clients do not take any financial risk. The client never receives an invoice from Liti-Link, but a transfer of the pro rata net proceeds in the event of a successful reclaim. If a refund is not possible, our customers will not incur any costs.

2. Fear of retaliation from the bank

Many customers fear that the bank could take negative consequences, such as legal action, sending an invoice or even excluding them as a customer. It is important to know that the refund of retrocessions is a legitimate claim and that the banks have acted incorrectly and unlawfully here, not the customers. We have extensive experience in handling refunds and are at our customers' side throughout the process to ensure that their rights are protected.

3. The belief that it is not worth it

Another doubt is the assumption that the refund of retrocessions could only bring in a small amount of money and is therefore not worth the effort. However, our experience shows that the amounts are often significant and the effort is definitely worth it. The effort for our customers is very limited because we request all documents from the bank and therefore no deposit statements or similar are required from the customer. Every retrocession that flows back to the customer is also a success and a step towards more financial fairness.

4. Too good to be true

Some customers doubt that it is even possible to reclaim retrocessions and consider this to be "fake news". The truth is that Swiss law expressly allows the reclaiming of such kickbacks. Our numerous successful cases are impressive evidence of this. The supreme court rulings on retrocessions are publicly available and have also been reported on numerous times in the media.

5. Trust in your own lawyer

Some customers prefer to entrust their own lawyer with the reclaim because they believe that he can deal with the matter quickly. While lawyers are certainly competent, when it comes to reclaiming retrocessions they often lack the specific expertise necessary to properly interrupt the statute of limitations, to challenge the bank's bogus waivers and to recover the full amount including interest. In addition, lawyers will of course also charge for their hours in the event of an unsuccessful claim. Liti-Link is not only a pioneer, but also the best-known, largest and most successful service provider in the recovery of retrocessions. We have in-depth knowledge and many years of experience to make the recovery process efficient and successful.

6. The bank claims that it was waived

Banks are experienced in nipping inquiries about retrocessions in the bud and making customers believe that they have waived their retrocessions. These claims are usually misleading or simply false, as the majority of waivers are neither sufficient nor legal. We examine all documents and contracts thoroughly in order to show the bank why our customer has not waived their retrocessions and why they must be refunded accordingly.

7. Doubts about the credibility of Liti-Link

It is understandable that new customers are skeptical and wonder whether Liti-Link is trustworthy. Our track record, the positive customer reviews and our transparent working methods speak for themselves. Our customers are usually convinced by our "no win no fee" success model. Only if Liti-Link successfully reclaims retrocessions does the agreed profit-sharing fee apply. If reclaiming is not possible, there are no costs for our customers. We are also happy to be available for a telephone discussion or a team meeting at any time.

Conclusion

Reclaiming retrocessions can be a complex matter that can cause many doubts and fears. At Liti-Link, we specialize in allaying these concerns and helping our clients get their rightful money. With transparency, expertise and a clear specialization in this topic, we have already helped numerous people around the world to successfully reclaim their retrocessions. Let us help you get back what you are entitled to, too.
 

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