Recent content by TrueTroop

1) Do you understand the basic differences between a secured vs unsecured loan? Based on your reply, I don't think you do 2) Do you know how banks make money with secured loans? Based on your reply, I don't think you do and otherwise banks would never make such loans I'm not gonna waste any...

This was common practice, but I guess 12-24 months ago....Now it seems like even secured loans under 5% in USD are not possible.... However, you can find under 2% secured loans right now in the market, look at them in CHF or in JPY. Recently got offered 1.6% for 12 months, in CHF, but yes...

Ok yah, too high interest rates.....I'll have to stick to more traditional collateral it seems.

Not your keys....I get it, but I'd feel comfortable doing so to a reputable and well regulated Swiss bank. The question is....Why would the rate be higher? If I will be doing a low LTV like 25%, the type of collateral (crypto or stock) I think becomes less important.... This company? No thank...

What about any private banks that would provide a lombard loan with straight BTC as collateral? Would that be possible from a swiss bank for example?

I was looking at Switzerland, and the rates in CHF are lowest (12 months 1.6%), however for CHF only....For USD 12 months it's 5% in Switzerland. I mean, I could take the CHF, take on the market movement risk, but I would prefer a low interest rate on USD directly because that is what my...

Amount is not a huge problem, if 7 figures was needed, the portfolio could be expanded to get such a loan. If it was 7 figures, any specific jurisdictions or banks you would recommend @JohnnyDoe ?

Hey guys, does anyone here have experience with lombard loans? Namely, I am looking for a lombard (or secured) loan with specific terms. I have a $500,000 USD securities portfolio, all blue chip, diversified NYSE securities that I can pledge as collateral. The broker is currently a major US...

Nevis might be a better option for you; 1) IBC can be registered for ~$1000/year, no taxes, owner of IBC can be different company 2) Cayman is much more expensive, and Seychelles has bad reputation 3) Bank account will be hard for any Caribbean company, but not impossible

What exactly is "zero fees" with them? Never heard of them, and they are originally from South Africa so a little skeptical but still interested...

1) I have looked into using Revolut/Wise, but the withdrawal limits are too low, like 200-300 euro monthly, or additional fees past 1 free withdrawal monthly which is not enough. 2) Yes that is right, FX fee is NOT 0% but as long as Mastercard or Visa is during the currency conversion and NOT...

Looks like Nevis at least is a rare Caribbean country that they weren't able to pressure into this :)

Nobody knows of any other such cards? Any European or Asian cards offer anything similiar? No foreign ATM fees at least

Hey guys, do any of you have or know of any banks (can be anywhere in the world really) that offer debit cards with no additional fees for withdrawing cash in a different currency, or with no additional fee for using an ATM internationally? Most banks for example charge a fixed fee per...

Thanks BlueMist, actually they are currently even running the same promotions...Didn't look at Citibank, only because I'd prefer an EU focused bank this time around, vs adding another US owned bank to my mix. Seems like other people on this forum don't even know such options exist, but...