Banks/EMI for crypto offramp (non-EEA resident)

[Revoltec]

One thing that looks odd to me with SG banks is some of them have a really low interest on USD accounts, which effectively makes you lose money against inflation (I want at least 3.5% as fed rates are 4.25%, and for example this bank showed me a 0.03% interest rate)

Inflation including the debasement of the currency is somewhere between 8 and 12% buddy (and has been for the past 70 years). Gold (and even better, BTC) is the real currency

 

[foreverdoomed]

Inflation including the debasement of the currency is somewhere between 8 and 12% buddy (and has been for the past 70 years). Gold (and even better, BTC) is the real currency

lol yes whatever the 'real' rate that was not my question; I'm asking what is the standard for SG banks, as europe/us is normally around fed rates

 

[Revoltec]

lol yes whatever the 'real' rate that was not my question; I'm asking what is the standard for SG banks, as europe/us is normally around fed rates

Maybe just put into stocks or ETFs? The standard rate is not 8-12% anyways

 

[foreverdoomed]

Maybe just put into stocks or ETFs? The standard rate is not 8-12% anyways

ETFs would be fine too; do they generally offer US ETFs or only local ones?