Advantages vs. disdvantages of private banks?

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There are some services for affluent people i.e up $250k to $2m‍ in credible offshore banking centres. But a lot of private banks have discontinued such services⁠ due to it being unprofitable. You would need a good case for being accepted as⁤ a client. Otherwise find a private bank in a third world country where $250k makes⁣ you the 1%.
 
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