UnionPay card USD currency
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CIM Bankque doesn't issue, it's a prepay card issued by some other provider (can't remember the name).
From experience with Cim, its basically a Bank utilising white labelling of other service providers, but heaps of compliance makes it totally redundant for either personal or commercial use.
The only time they didn't ask for a paper-trail was when i owed them some money whilst closing the account - that time they made an exception lol.
* Note i take it you are referring to Cim Bankque Swiss, not︀ Cim Bank Thailand.
Used all over Asia -> UnionPay is great because its︃ on Chinese rails.
In a world of geopolitical change this is important for a number︄ of reasons.
From experience with Cim, its basically a Bank utilising white labelling of other service providers, but heaps of compliance makes it totally redundant for either personal or commercial use.
The only time they didn't ask for a paper-trail was when i owed them some money whilst closing the account - that time they made an exception lol.
* Note i take it you are referring to Cim Bankque Swiss, not︀ Cim Bank Thailand.
Used all over Asia -> UnionPay is great because its︃ on Chinese rails.
In a world of geopolitical change this is important for a number︄ of reasons.
- diversification (can't buy a plane ticket in a war if the payment processor︅ goes dark -> see Russia Visa/Master etc.
- privacy (in time of heated exchanges ->states are︆ looking at their overseas citizens in the region as potential enemy combatant and want as︇ much information on them as possible, before deciding to intern them.
- Deficit explosion -> in︈ a time of instability governments are looking where to loot, pretty hard if that information︉ is outside of their control.
rof/% rof/% rof/% rof/% This made me laugh so hard! Reminded me of this:
Source:
Don't forget to declare income from stolen goods and illegal activities, IRS says. “If you find $1 on the︀ street or embezzle from your employer, that’s all taxable income, as well as your paycheck︁ from flipping burgers at McDonald’s,” one tax preparer said.
I agree with UnionCard's value. I︂ have tried to apply for as many as I can in Asian countries. One never︃ knows. Also, this diversification helps me sleep better at night. If anything, the Russia -︄ Ukraine fiasco and confiscations made me nervous.
Source:
Don't forget to declare income from stolen goods and illegal activities, IRS says. “If you find $1 on the︀ street or embezzle from your employer, that’s all taxable income, as well as your paycheck︁ from flipping burgers at McDonald’s,” one tax preparer said.
I agree with UnionCard's value. I︂ have tried to apply for as many as I can in Asian countries. One never︃ knows. Also, this diversification helps me sleep better at night. If anything, the Russia -︄ Ukraine fiasco and confiscations made me nervous.
Uncle sam always gets his cut,
I do feel sorry for Americans.
They have the life of paying off his mad gambling and spending addiction or taking a revolver to the head.
I do feel sorry for Americans.
They have the life of paying off his mad gambling and spending addiction or taking a revolver to the head.
Are you sure? I've just checked this https://www.cimbanque.com/en/private-banking/credit-and-prepaid-cards/union-pay/...
(Yes, I am referring to CIM Banque Switzerland, not CIM Bank Thailand.)
Could not it be similarly as with e.g. VISA, when no CH bank formally issues the cards but they are all commonly issued by VISECA CH?
🙂 I am not advocating for CIM Banque. At least, their fees are not friendly 😉.
I agree with you.
(Yes, I am referring to CIM Banque Switzerland, not CIM Bank Thailand.)
Could not it be similarly as with e.g. VISA, when no CH bank formally issues the cards but they are all commonly issued by VISECA CH?
🙂 I am not advocating for CIM Banque. At least, their fees are not friendly 😉.
I agree with you.
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