Are Swiss banks expensive or not?

[Davis123]

USA

Na thank you. I am US citizen living overseas. I use small accounts in USA only.

 

[Alonzo]

Especially as the same 1 million at Swissquote is capped at CHF 200!

There is an extra fee of 0.03% annually on assets above 1 million CHF

 

[JohnnyDoe]

Na thank you. I am US citizen living overseas. I use small accounts in USA only.

Banks are intended to be used for small accounts only. For big amounts, use btc.

 

[JohnnyDoe]

There is an extra fee of 0.03% annually on assets above 1 million CHF

Makes total sense: you pay more for the privilege of giving more money to some Swiss monkey

 

[bountymounty]

USA

You feel the USA and their banking infrastructure is the most secured and save banking you can get worldwide?

 

[JohnnyDoe]

You feel the USA and their banking infrastructure is the most secured and save banking you can get worldwide?

Yes, no doubt about that, for as much as any bank can be considered secure and safe, especially when compared to btc.

 

[CyberZero]

Makes total sense: you pay more for the privilege of giving more money to some Swiss monkey

You used to talk about cite gestion, what is your opinion now?

 

[mytoofood]

Yes, no doubt about that, for as much as any bank can be considered secure and safe, especially when compared to btc.

Also with Dump Trump insanity in the USA right now? You never know if he will freeze all foreigner balance on American accounts! America first as he said.

 

[JohnnyDoe]

You used to talk about cite gestion, what is your opinion now?

I never recommend any bank, I just consider it less bad than others.

 

[JohnnyDoe]

Also with Dump Trump insanity in the USA right now? You never know if he will freeze all foreigner balance on American accounts! America first as he said.

Still better than the certainty of the EU stealing money from everyone.

 

[Clank]

Still better than the certainty of the EU stealing money from everyone.

Honestly US banks are terrible unless you are in the private banking sector which has higher minimums that anywhere else in the world.

 

[jorge]

What other options you have, not EU banks not USA banks ? China banking ?

 

[JohnnyDoe]

Honestly US banks are terrible unless you are in the private banking sector which has higher minimums that anywhere else in the world.

Never had any serious problems with any standard (non-private) U.S. bank, just usual minor annoyances that can be solved with a phone call and a bit of patience.

 

[JohnnyDoe]

What other options you have, not EU banks not USA banks ? China banking ?

Banks in Russia are fine, monkeys there are highly trained and rabies-free.