Recent content by liroyb

I've been watching the whole vid and got the impression that both the reform and joining AEOI are because of regulatory pressure and not their free will. My guess is that OECD did not want them to be tax-free-non-AEOI country and threatened in sanctions similar to Dubai if it won't change...

I want to see you writing about Neuroscience and adding these dumb emoji when your account would get emptied one day by a cyber fraud.

Which HSBC UK branch accepts offshore clients?

Does bank is obligated to compensate client in case of financial loss due to phishing or cyber crime?

Any particular reason why you would prefer Credit Andorra over Andbank?

I'm currently discussing with them on personal account opening (non-resident) for deposit in the range of 300,000-500,000 EUR but I don't know enough about them (Mostly Andbank has been mentioned on the forum) and would welcome insights from other forum members. Thank you.

Client A holds account with UBS, the account balance is 1M CHF, which he locked in term deposit that yields him 3%. Client B holds account with interactive brokers, his portfolio includes only UBS bonds with 3% coupon, which he bought for 1M CHF. Would it be incorrect to say that, at least...

Thank you for your response. I understand your point and it makes a lot sense, but when you hold funds in VP bank CH or VP LU, for example, aren’t you still entrusting & exposed to LI since this is where the bank is headquartered?

For the sake of example, let's say you're priority client of Citi or SC in Jersey and you want to become a client of their SG or HK branch: 1. Would you need to go through the same due diligence all over again? 2. Would you need to fulfil the minimum relationship balance also in these branches?

While jurisdictions such Switzerland, Liechtenstein, Luxembourg, Singapore are being sought after and mentioned over and over on this forum due to their reputation as safe countries to store wealth, I wonder if do you really get from the banks in these countries the same safety and same rights...

Thank you for sharing this insight. If we take your VP bank example, I wonder what layer of safety or added value you obtain by splitting your assets between their LI, CH, LU, SG, HK branches over just concentrating all assets in LI? I'm probably missing something, but your exposure to LI would...

How safe Andorra as banking jurisdiction nowadays? Which bank would you recommend for non-resident, CreAnd or Andbank?

Does insurance on deposit apply only for deposits in home currency? For example, if you hold 75,000 GBP in Luxembourg bank would that be insured? or the deposit must be in EUR?

I'm currently discussing with their Monaco branch about account opening but I don't know enough about them and would welcome insights from other forum members. Thank you.

Does anyone knows if it's possible to transfer partial (some percentage of it) stock position from one brokerage account to another? or it must be 'all or nothing'?