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I hold securities and Lombard loan with private bank and I wish to close the account, move to another bank and transfer both the debt and my securities as collateral - How the debt can be transferred to the new bank? What is the common way such debt transfer is usually done?

Last month I've opened Citibank UAE account as non-resident.

Generally speaking how complex it is to close swiss private account? and how long it approximately takes?

So if the bank went bust, the customers with investments and no lombard loan will have the safety of segregation while the customers that involved lombard loan will loss it all?

So in case a customer holds shares/bonds with bank and took lombard loan against them the securities won't be segregated?

Were you required to obtain local health insurance?

Can someone elaborate how exactly the process of renting flat for 1 year in Dubai works?

Once you have submitted the bank pledge letter, how long did it took to receive your Emirates ID?

Can you share which HSBC branch in UK accepts non residents for 25K GBP deposit?

I was told that Swissquote has now became fully functioning bank and can even accept/send third party transfers. Can anyone confirm?

This video clarifies that day trading is subject to UAE CIT while swing trading isn't:

It has been told that they are mainly targeting those with large capital invested in overseas securities / crypto. The typical HNWI involved in the capital markets won't actively manage his portfolio. He will typically hold in a private bank shares of some long-term capital appreciation fund...

They are targeting the big fish but it's mostly the small fish that would be affected from it: Correct me if I'm wrong, but someone who's having most of his capital in some passive ETF which he never sells and takes against it rolled-over lombard loans for his living expenses, won't be affected...

So stocks or bonds held under custody of a bankrupt bank are completely lost for the clients?

I don't need TRC for deregistration from prior domicile, just for banks - Does UAE's domestic TRC will satisfy European banks? Or they will insist on treaty TRC? (How different is the certificate in terms of context?)

Now that UAE started to introduce tax, does individual residents have tax ID, or the Emirates ID is still what should be used in the CRS forms? Now that UAE started to introduce tax, are they receiving CRA data, or still only sending? I don't need TRC for deregistration from prior domicile...

If I'm renting a flat in Dubai for 1 year, how would my DEWA bill would look like in a month I'm not physically there, does the DEWA bill will show 0's, or there's some minimum flat charge irrespective of electricity & water usage?

So if someone rents only for the sake of getting DEWA/EJARI, what would be the minimum time frame that he would basically need to ''suck it up''?

After making the deposit and obtaining the attestation letter, which steps did had to take in order to get the golden visa?

Here's a complete up-to-date list of MC banks and their minimums, for issuing attestation letter: Barclays - 6M UBS - 5M Pictet - 5M CMB - 3M BNP - 3M Societe Generale - 2M Andbank - 2M Julius bar - 1M EFG - 1M Safra - 1M UBP - 1M Rothschild Co - 1M Rothschild Edmund - 1M Indosuez - 1M The...