Does CIM bank an traditional bank or an emi?

[joeytamlovebusiness]

i just checked their website, they need users to deposit $5000 usd to open an personal bank account, not cheap, so can anyone tells me is it an traditional bank or another emi, is it safe to put money there? thanks guy

 

[Sols]

First of all, there is no such thing as EMI in Switzerland.

CIM is a traditionally licensed bank.

 

[joeytamlovebusiness]

First of all, there is no such thing as EMI in Switzerland.

CIM is a traditionally licensed bank.

so it is safe to put money there

 

[Samuel Newman]

so it is safe to put money there

yes, it safe
also, you may use this funds after account activation

 

[nomad999]

It is a fully regulated and licensed bank by FINMA, good reputation but very expensive as most swiss banks.