They have a real banking license.
https://www.finma.ch/en/finma-public/authorised-institutions-individuals-and-products/
https://www.finma.ch/en/finma-public/authorised-institutions-individuals-and-products/
Is Dukascopy Bank SA a trustworthy bank?
- Thread starter magnificence
- Start date
- Status
Are you sure it is possible to rise this limit?
I asked them and they told it is fixed at 50.000 USD.
Where did you find this information?
I already have a card since a few month with them.
Remember, the card is 1 CHF per︀ month.
I asked them and they told it is fixed at 50.000 USD.
Where did you find this information?
I already have a card since a few month with them.
Remember, the card is 1 CHF per︀ month.
Dukascopy Bank
in the faq (link above) How to increase account limits?
The limit on account balance can be increased upon condition that you manage to prove that you can place the requested sum on your account. In this case the size of the limit can be increased up to USD 100'000.
i misunderstood, i have put a new post where︀ i gave the prices of the cards
in the faq (link above) How to increase account limits?
The limit on account balance can be increased upon condition that you manage to prove that you can place the requested sum on your account. In this case the size of the limit can be increased up to USD 100'000.
i misunderstood, i have put a new post where︀ i gave the prices of the cards
It's easy to open an account via the app (or apps). The video conference is weird since you don't see the other person, unlike many other EMIs which use a third party like Go ID where you can see the other person. The lack of human connection makes it quite jarring. On top of that, the app is terrible to use compared to Bunq, Revolut, Transferwise, and other more mature solutions, and the fees aren't very attractive.
But if you want a Swiss bank account opened online, it's probably the easiest option right now.
But if you want a Swiss bank account opened online, it's probably the easiest option right now.
You created an account there or where? How did it go?
Are you happy︂ with them? Do you think in 5-10 years, would you face a problem because you︃ have an account at that bank? I know Transferwise shut down accounts of people if︄ they work with Russian or Ukranian banks. Offshore banks usually have negative reputation when you︅ want to transfer your money to traditional locations or want to do business with highly︆ regulated (aka safe) entities, which can cause issues.
Are you happy︂ with them? Do you think in 5-10 years, would you face a problem because you︃ have an account at that bank? I know Transferwise shut down accounts of people if︄ they work with Russian or Ukranian banks. Offshore banks usually have negative reputation when you︅ want to transfer your money to traditional locations or want to do business with highly︆ regulated (aka safe) entities, which can cause issues.
I've known Dukascopy since 2014. They have a real office in Geneva with hundreds of high-paying people working there. Their logo is on the top of a prime building in Geneva which probably costs a lot.
They have a FINMA license which is no joke, it's one of the toughest regulator in the world and it's a Banking license, not some random brokerage license from the Carribean.
They are a very good alternative to Tier-1 private banks asking for a few millions in deposit -- instead, Dukascopy will ask you for a trade a month or something, which you can easily do (open/close a position)
They have a FINMA license which is no joke, it's one of the toughest regulator in the world and it's a Banking license, not some random brokerage license from the Carribean.
They are a very good alternative to Tier-1 private banks asking for a few millions in deposit -- instead, Dukascopy will ask you for a trade a month or something, which you can easily do (open/close a position)
https://www.dukascopy.com/swiss/it/banking/savings-account/
MCA account only for personal not on the company?
MCA account only for personal not on the company?
Oh, I was not aware you are searching for a cooperate account.
At least for personal accounts, you could use the MCA plan.
At least for personal accounts, you could use the MCA plan.
You can ([email protected]), but it's quicker to contact by the live chat on the web site: www.dukascopy.bank
:>) save = Safe; "I guess" and you just lost $90,000! Who is the︇ insurer and what are their qualifications and history? How long has the insurer been in︈ business and what/who are their references? Claiming "insured" all depends on their reliability; Real Estate︉ mortgage insurers go belly up quiet often. I guess I am a pessimist, but I'm︊ not broke either.
In Switzerland, all banks must participate in the depositor protection scheme due to the legislation. You can find all the answers here: Questions and Answers
- Status