Reviews Falcon Private Bank please?

[clemens]

I am reading through all the possible threads here on the forum and i. try and find a bank that is crypto friendly. After a lot of digging I found this bank but I haven't really seen anyone who mentioned them or mentioned them?

Here is the link, Falcon Private Bank - Agile Private Banking

So if anyone has any input into this bank then I'd like to hear from you guys here in the thread. Since it is a Swiss bank that seems to welcome new customers, I thought it seemed interesting.

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[AlbanyJames]

Very early supporter of crypto, I believe early to mid 2018. Works with Bitcoin Swiss and should be 500 or 1m minimum for account opening. Or least it was.

 

[XRayed]

There are rumours in the market that the Swiss regulator will revoke the banking license. Stay away.

 

[daxbr]

Looks like they like to babysit and choose what's the best for you. Lots of questions and no info.

 

[JohnLocke]

daxbr said:
Looks like they like to babysit and choose what's the best for you. Lots of questions and no info.
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can you elaborate? have you been in touch with them?

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[Flatworld]

https://www.regulationasia.com/1mdb-tainted-swiss-bank-to-exit-private-banking-activities/
Falcon Private Bank was forced to shut down its Singapore operations in 2016. Nearly four years later, it has decided to exit private banking in Switzerland.

Falcon Private Bank is in advanced negotiations to transfer its client portfolio, front-office staff and subsidiaries to another Swiss private bank and exit private banking activities in 2021.

 

[JohnLocke]

Thank you for the information and the update, I will have to remove them as a resource in the future 🙁

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