How much money to hold in CIM Banque?

[rowena]

Just to clarify - Does it must to be Treasures Private (1,500,000 SGD Deposit), or Treasures (350,000 SGD Deposit) can also be opened remotely?

Yes, they were ok with a remote opening from UAE without visiting Singapore. I don't know your country and it can be different for you.

 

[Houdini]

I am afraid that it is OT for this thread; but you can find (IMO) a lot of useful information for example here Reliable banks in non-CRS countries that allow remote opening for foreign citizens

you are allowed to post links to the bank, please share with me.

 

[Forester]

you are allowed to post links to the bank, please share with me.

See this post Reliable banks in non-CRS countries that allow remote opening for foreign citizens

 

[jafo]

Barclays are the best, but they do not open for EU and EEA residents!

They don't?

 

[clemens]

You need to visit Barclays together with a good and prepared tax or legal advisor that may know the monekeys in there. Have you this in your bagage you will get your account, if you don't, forget it, they will decline your application.

 

[jafo]

good and prepared tax or legal advisor

Is there someone you would recommend?

 

[no1d]

I think if you plan depositing a 7 figure sum they might accept you.

 

[Regis]

Avoid CIM BANK at all cost...This bank is evil, totally inefficient and unreliable with a very bad reputation.

 

[Alexmorgan]

Avoid CIM BANK at all cost...This bank is evil, totally inefficient and unreliable with a very bad reputation.

What they have done?

 

[jafo]

Avoid CIM BANK at all cost...This bank is evil, totally inefficient and unreliable with a very bad reputation.

Please share your bad experiences with the rest of us. It will help us avoid similar evils.

Don't be like these men:

 

[Regis]

What they have done?

Besides their inefficiency at all levels and being totally unfit for EU Business & individuals (i can't state for other jurisdictions) i caught them the hand in the honey pot; spoiling my account while this one was frozen. See in the documents attached. BTW my deep investigation show very little doubts on who hand over my account to the justice department...Anyway, the list of griefs is long, you can contact me in PM - Stay away from this bank !

 

[jafo]

justice department

Of which country?

 

[Alexmorgan]

Besides their inefficiency at all levels and being totally unfit for EU Business & individuals (i can't state for other jurisdictions) i caught them the hand in the honey pot; spoiling my account while this one was frozen. See in the documents attached. BTW my deep investigation show very little doubts on who hand over my account to the justice department...Anyway, the list of griefs is long, you can contact me in PM - Stay away from this bank ! View attachment 5920View attachment 5923

Thank you for sharing your experience with this bank

Seems all swiss banks are not good specially in this era

 

[jafo]

Thank you for sharing your experience with this bank

Seems all swiss banks are not good specially in this era

Unless you are a CH resident and can walk INTO the bank and RAISE H3LL!
The Swiss aren't stupid... they KNOW what time it is.

PS. On a public forum, I can't and shouldn't explain how to OPEN their eyes, but there is ONE thing the Swiss value MORE than money!

 

[Amandograde]

Unless you are a CH resident and can walk INTO the bank and RAISE H3LL!
The Swiss aren't stupid... they KNOW what time it is.

PS. On a public forum, I can't and shouldn't explain how to OPEN their eyes, but there is ONE thing the Swiss value MORE than money!

yes indeed, non resident banking comes to an end. Id say being non resident but being citizen is still ok to some extent since you can easily walk in and talk as well and can equally raise h3ll (but its one step down from also resident).

All other combos towards a bank are quite bad but today there way better alternatives around for transactions (stablecoins) and wealth storage (bitcoin) and banking is only needed if one can get into their private banking insiderish investment circle, but then again for me this has to significantly outperform bitcoin to offset the mental wellbeing involved with being schmoozed up by them.

 

[Marzio]

Stay away from this bank

They know that who want to open an account with them is usually desperate because doesn't have other options so they make it easy to open just to let you in and then hammer you with outrageous fees.

 

[Regis]

Of which country?

Swiss -

 

[jafo]

Swiss -

If you don't live in CH, you can start a WHOLE lot of trouble for all involved.

 

[wellington]

I had a CIM account, was create pre-covid, completely forgot about and never used lol.

I'd seeded it with i think 5,000CHF.

I logged in one day last year and see it was 'negative' but 'positive' - couldn't work out which, because they have some weird set up with CHF/EUR balances.

Anyway i contacted them, and asked what was going on with it, they said i owed 2,000CHF or something in fees.
Thought ok, time to close this, so asked them if i could settle the amount and close the account.

I sent over more funds than necessary, and they said ah you can't send from 'wise' i said, ah ok, well send back and i'll send from HK, it will be a few days.

They said it's fine this time (ok, compliance?) - so they dropped their compliance requirement because they were actually owed the funds.

Then the account was closed, for two months almost no information, no refund of the account balance (1,000EUR or something) - still confused, then all of a sudden after contacting the funds arrived the next day.

Honestly, CIM (Swiss) i understand the compliance requirements, but their UX is horrendous, their account balance system is horrendous, there's no communication outreach (i.e mine was overdrawn from fees for 1+yr), and their fees...

Would give them a wide berth.

Ref this person - they are going really back in time.

 

[Regis]

I had a CIM account, was create pre-covid, completely forgot about and never used lol.

I'd seeded it with i think 5,000CHF.

I logged in one day last year and see it was 'negative' but 'positive' - couldn't work out which, because they have some weird set up with CHF/EUR balances.

Anyway i contacted them, and asked what was going on with it, they said i owed 2,000CHF or something in fees.
Thought ok, time to close this, so asked them if i could settle the amount and close the account.

I sent over more funds than necessary, and they said ah you can't send from 'wise' i said, ah ok, well send back and i'll send from HK, it will be a few days.

They said it's fine this time (ok, compliance?) - so they dropped their compliance requirement because they were actually owed the funds.

Then the account was closed, for two months almost no information, no refund of the account balance (1,000EUR or something) - still confused, then all of a sudden after contacting the funds arrived the next day.

Honestly, CIM (Swiss) i understand the compliance requirements, but their UX is horrendous, their account balance system is horrendous, there's no communication outreach (i.e mine was overdrawn from fees for 1+yr), and their fees...

Would give them a wide berth.


Ref this person - they are going really back in time.

I love their arrogance and rakishness; One day i did formulate a complain about a fee (around 650€) for a IBAN Domestic transfer, GVA to GVA.
The Relationship manager went on, and end up his list with " and we did it in "EXPRESS" especially for you sir".
I said: but i never asked to be express, nevertheless, the order was send to you 8 days ago ?
Relationship manager : Certainly, but we did i that day in Express

They are very well trained, if only i did listen my friends at the time. They are the jokers in town...