Recent content by foreverdoomed

ETFs would be fine too; do they generally offer US ETFs or only local ones?

lol yes whatever the 'real' rate that was not my question; I'm asking what is the standard for SG banks, as europe/us is normally around fed rates

Currently working with OCBC, it seems like they might be open to it One thing that looks odd to me with SG banks is some of them have a really low interest on USD accounts, which effectively makes you lose money against inflation (I want at least 3.5% as fed rates are 4.25%, and for example this...

Yes I was actually just looking at it, looks like a good compromise; any downside I should know about? (apart maybe from their custody fees that look expensive over 1M CHF)

Hi, yes I have xapo already, very good app but optimally I wouldnt keep a lot there Thanks for your advice regarding DBS; just a question for Singaporean banks in general, do they usually allow you to invest the money you keep there in US stocks/ ETFs? best case for me would be to have a...

Yeah looks like it's not the easiest situation; thank you I will check this one out

sorry then I need to clarify my question, I'm looking for a Bank (or maybe EMI) whose reputation is safe enough to offramp and keep a significant % of my nw there, (because rn too much of my nw is in crypto)

never heard of it, will try thanks. would you keep a significant % of your networth there? easier for me as I trade in USD, almost all my assets are USD now. also EUR rates are dropping I dont feel comfortable holding a large amount that said if it's really the only alternative I'll have to go...

Hello, What would you recommend as a bank that I can open remotely with the following requirements: - relatively easy offramp around 200k+ USD (from KRAKEN mostly), not a pain/high fees to move money around - can hold USD in the accounts and access to basic yield - lets me open the account...

Quoting an old message, but I've seen a video in which a guy from the Revenue Department says the pre-2024 tax free stuff applies only to 'cash in the bank' e.g. not to brokerage accounts or crypto I'm not sure if it was just poorly translated or not, but I've also read this a few times, what...

Yeah it's gonna be low 6 digits Thanks will look into those Also, to do EMI > IBKR I'm gonna need an EMI with personal IBAN right? Last edited: May 1, 2024

Hello, What would you say are, at this time, the most convenient crypto friendly EMI/banks that would allow me to transfer my crypto on my IBKR accounts? Something like Kraken > EMI > IBKR Thank you

That changed in 2024 though https://www.mazars.co.th/insights/d...thailand-tax-foreign-income-taxable-from-2024

most EU countries are very restrictive for crypto trading, wouldn't KYC there rea#44!

ahhah got it; thank you will try it out!