Yes, my recommendation is based on real experience. Their banking fees are not expensive but investment fees are expensive. They also charge negative fees for EUR like all big banks.Interesting. Do you have a direct experience with them? and if so, what are their fees if you don't mind me asking?
Swiss banks are good for wealthy people(min $10M) because wealthy people are more interested in protecting their wealth than fees.As someone who, in my previous life, used to promote "investment products" to Swiss banks, I would never advise to open a management account with them.
UAE banks are safe but not a good place to keep your funds for the long term because;since ur in the UAE, their banks are the safest and when your in good terms with them, they serve you best
- UAE banks employ lots of inexperienced staff. It is very hard to get good service including private banking.
- Online banking and mobile banking are outdated and old.
- UAE banks can freeze your money easily because of disputes, governmental problems, etc.