Advice needed

[David97255]

At your opinion what is the most secure bank ( bank not Emi ) to hold in amount like 1 million euro.
Of course there is a structure needed and supporting documents but I less need advice.
I don't want European bank.
Thank for your advice

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Scammed people on the forum!

 

[MrTony]

Switzerland (if you mean EU, when wrote European bank)

 

[James Turner]

Yes, I would agree Switzerland.

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[MrTony]

If not at Europe as a continent: Hong Kong, Singapore, UAE.

 

[David97255]

Exactly. Don't want European bank. Asia is good for me.. thinking about HSBC, don't know if I m right

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Scammed people on the forum!

 

[MrTony]

Good choice, but today such situation - a bank will choose - are you good for them and not the reverse.

 

[Samuel Newman]

David97255 said:
Exactly. Don't want European bank. Asia is good for me.. thinking about HSBC, don't know if I m right
Click to expand...

HSBC in HK will ask you for local phone, local appartment and HK ID
they are not friendly to nonresidents

I had great experience in DBS (Hong Kong), but it depends on personal relations with bankers mostly

 

[Martin Everson]

David97255 said:
At your opinion what is the most secure bank ( bank not Emi ) to hold in amount like 1 million euro.
Click to expand...

Doesn't exist and your thinking is wrong. I discussed in another thread how best to handle after people suffered in Rietumu bank saga. This is a question every body that has 7 digits plus asks themselves and it is not a new problem nai¤%

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[diablo]

What business are you into and what is it you are looking for? Just suggesting Switzerland, Estonia or HK is nonsense!

 

[James Turner]

You will need to marry up your activity and your location with banks willing to accept who you are and what you're doing.

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