The Safest Banks in the World

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  • Опубликовано: 23 дек 2024

Комментарии • 272

  • @lynclarke6184
    @lynclarke6184 9 месяцев назад +139

    Who on earth would trust Canadian banks after their PM was able to freeze the truckers accounts? I’m still suffering from shock that this was enabled.

    • @andre080472
      @andre080472 9 месяцев назад

      This Trudeau terrorist seized 30k of my russian Stocks, this bastard

    • @winnerwinnerchickendinner8809
      @winnerwinnerchickendinner8809 7 месяцев назад

      USA will do that to you or anyone in a heart beats

    • @bepreparedforwhatscoming4975
      @bepreparedforwhatscoming4975 7 месяцев назад

      They are secure but there are privacy concerns. In Mexico, for example, privacy shouldn’t be an issue (there’s not so much digital surveillance from what I’m aware of) but they’re not the most secure.

    • @dazisgud
      @dazisgud 6 месяцев назад +2

      So secure you can't get your money if you fall on the wrong political side of the aisle.

    • @faisal-ca
      @faisal-ca Месяц назад

      @@bepreparedforwhatscoming4975 Canadian banks are secure because they are backed by the Federal government buying mortgages and other debt. Also, Canadians invest in them because there are really no other opportunities in local Canadian markets. This might change.

  • @yellowgrumpydog5528
    @yellowgrumpydog5528 9 месяцев назад +78

    safe for who? Any bank that allows any official force to freeze your funds isn't safe for you

    • @DarthVader-my7ce
      @DarthVader-my7ce 8 месяцев назад

      Canadian Banks the top of the list not to trust

  • @CryptoSimp-v9q
    @CryptoSimp-v9q 9 месяцев назад +116

    Tell the truckers how safe their banks are…

    • @will4417
      @will4417 9 месяцев назад +25

      The author is probably mislead by equating the bank being safe from bankruptcy, which is the methodology used for the rankings, and not your money being safe (from government seizure for instance). Among those 100 banks, if you take out banks located in authoritarian socialist countries where the government can seize at will (Canada like you mentioned, but also the US, France, Germany, Australia, etc.) you won't find many banks, if any.

    • @CryptoSimp-v9q
      @CryptoSimp-v9q 9 месяцев назад

      @@will4417 wonderfully put!

    • @jimba6486
      @jimba6486 9 месяцев назад

      ​@@will4417ur a smart person for recognizing those countries for what they are. Authoritarian socialist *hitholes.

  • @Mr.Carter777
    @Mr.Carter777 9 месяцев назад +35

    Banks are outdated and gold as well . ( Gov can change law overnight ) like in Cypress in 2009.

    • @ethelmanyaka9623
      @ethelmanyaka9623 8 месяцев назад +2

      What is the option now Mr. Carter?

    • @avefenix4ever
      @avefenix4ever 8 месяцев назад +1

      What to consider now days?

    • @OzyRooster
      @OzyRooster 7 месяцев назад +2

      Alternatives please?

    • @carolb8452
      @carolb8452 21 день назад

      What would you suggest?

  • @Loke-h3w
    @Loke-h3w 9 месяцев назад +57

    Any banks whose government can be influenced by US geopolitic is not preferred.

    • @Stoneface_
      @Stoneface_ 9 месяцев назад +6

      That's basically more than half of the world 🌎 😂

  • @user-xg6yc8ho3w
    @user-xg6yc8ho3w 9 месяцев назад +23

    What about keeping your money in several currencies, but through a financial service like Wise? When you hold a specific currency with them, they actually hold that currency in a bank that is in the country of said currency. This may be a way to have some of your money spread out into several banks/currencies around the world. If the value on one of your currencies goes down or the bank fails, it doesn't affect the other currencies you hold with Wise.

    • @growingtoamillion
      @growingtoamillion 9 месяцев назад +5

      And what if wise goes bust?😅

    • @user-xg6yc8ho3w
      @user-xg6yc8ho3w 9 месяцев назад

      @@growingtoamillion It would be easier for a bank to go bust than Wise. Wise has their money spread out into banks in at least 40 countries around the world.

    • @newyorkernewjersey
      @newyorkernewjersey 9 месяцев назад +3

      no protection or FDIC etc.

    • @michaelf3753
      @michaelf3753 7 месяцев назад +3

      Don't keep your money on Wise. You're exposed to too much risk, but yes keep it in multiple currencies.
      In many countries (not really the US) it is very easy to open foreign currency accounts. I use HSBC for example. I can hold a ton of currencies with HSBC.

  • @CO84trucker
    @CO84trucker 9 месяцев назад +8

    Gringotts is relatively safe.... only two known break-ins both in the 90s!

  • @George-vk8mi
    @George-vk8mi 9 месяцев назад +5

    What about if you have between 50K and 100k ? Which options would be good please

  • @john-paulsylvester2382
    @john-paulsylvester2382 8 месяцев назад +5

    Many of the banks at the top of the list are not retail banks. They have no customer deposits and lend only to other institutions. Would it not be better to identify the safest banks for individuals or businesses.

  • @rod-ji8nc
    @rod-ji8nc 8 месяцев назад +11

    This channel provides one of the most intelligent and valuable content available for free on the internet. Very balanced down to earth and extremely future oriented. A joy to watch.

    • @nomadcapitalist
      @nomadcapitalist  8 месяцев назад

      Thank you so much for your kind words!

  • @Al-yu6bq
    @Al-yu6bq 9 месяцев назад +30

    Banks are not to deposit money, it´s only to borrow money and pay bills, that´s it.

    • @H.D-x7d
      @H.D-x7d 9 месяцев назад +4

      Thats a very valuable statement that I guess most people overlook.

    • @vigilante_stark
      @vigilante_stark 9 месяцев назад +2

      Exactly

    • @pvdp2
      @pvdp2 4 месяца назад

      Traditional bank savings accounts will not make one rich because of super low earning rates.

  • @KarlRock
    @KarlRock 9 месяцев назад +13

    Wow, good to see DBS at #12. We thankfully have them here in India. Although I wonder, does that rating include their Indian operation?

  • @leroybrown6042
    @leroybrown6042 6 месяцев назад +2

    How about a video on which countries and banks are best for having brokerage accounts.

  • @borninsoho9710
    @borninsoho9710 9 месяцев назад +22

    I’m banking with an Abu Dhabi bank (ADCB Bank) and I’m very satisfied.

  • @thehuntress8850
    @thehuntress8850 9 месяцев назад +3

    What is your opinion on credit unions?

  • @MariktheWolf
    @MariktheWolf 9 месяцев назад +8

    what about winning a large lottery jackpot? you get taxed to death here in NY...im curious if someone has the good luck to win if there is a legal exit without paying 47% tax on winnings...

    • @inezm8444
      @inezm8444 8 месяцев назад +2

      In Australia if you win the lottery, there are no taxes on any 'winnings' from gambling....that includes lotteries, winnings on any sports/racing, casinos, scratchies etc....what you win is what you take home....the problem is winning it.

  • @leviorourke7498
    @leviorourke7498 9 месяцев назад +29

    How is Bank of America on the list for best American banks it failed and got a buy out for their bad banking practices?

  • @jeffs.8970
    @jeffs.8970 9 месяцев назад +2

    If I’m not getting yield, why not just use Bitcoin or gold or silver ?

  • @foggycraw6758
    @foggycraw6758 9 месяцев назад +9

    What about how to avoid CBDC? What should asset allocation? Gold/Crypto/Real Estate/Cash?

    • @whiterabit09
      @whiterabit09 9 месяцев назад +3

      Don't keep money in cash.

  • @blancarosabeltranvelazquez4176
    @blancarosabeltranvelazquez4176 9 месяцев назад +1

    Thank You!.

  • @andre080472
    @andre080472 9 месяцев назад +2

    The KfW Bank is a Government finance bank for only loans. you cannot open acvounts in this state bank

  • @Robby767
    @Robby767 9 месяцев назад +11

    I've heard Swiss banks are renowned for their safety, but I wonder if they are accessible for everyday banking.

    • @Bigwilli123
      @Bigwilli123 9 месяцев назад +1

      Customer service is crucial, no doubt. Security shouldn't come at the expense of accessibility and support. By the way, has anyone consulted a finance advisor regarding choosing a safe bank and optimizing investments?

    • @Andres_853
      @Andres_853 9 месяцев назад +1

      I do know saved money will save you But investing is always better for higher returns

    • @Andres_853
      @Andres_853 9 месяцев назад

      ​@@Bigwilli123 i work with Nathan Travis Cook

    • @Thomas-ff7wn
      @Thomas-ff7wn 9 месяцев назад

      He appears to be well-educated and well-read. I ran a GOOGLE search on his name and came across his website; thank you for sharing.

    • @V.stones
      @V.stones 9 месяцев назад

      It's reassuring to know they can provide personalized guidance based on individual circumstances.

  • @MT-kr8cn
    @MT-kr8cn 9 месяцев назад +2

    what about uk banks, dutch and spanish or indonesian banks🤔

    • @belstar1128
      @belstar1128 9 месяцев назад +1

      just avoid ing and rabobank from the Netherlands

  • @Pete_YT
    @Pete_YT 6 месяцев назад

    You want a bank which you can access locally for large cash withdrawals and will process wire transfers reliably if the SHTF. You also want SBLOC on your stocks to access money same day without waiting 3 days for stock sales to clear.

  • @aaronn12345678
    @aaronn12345678 5 месяцев назад +2

    Singapore banks may be safer BUT there is a cost in that it's difficult to get a decent interest rate on your deposits.
    Banks in Australia are paying north of 5% on transaction accounts.
    So, there's the rub. How much do you want to pay for that extra safety? My suggestion is to have a Singapore account with the minimum balance that will avoid fees and move more money into it as the perceived risk rises but not before.

  • @kakabuca
    @kakabuca 8 месяцев назад +1

    How do you define "safe" here? Do you mean they have enough liquidity to survive a crisis? More privacy from government supervision?

  • @stephenwatson672
    @stephenwatson672 8 месяцев назад +2

    I invested in the US banks that went under thinking the stock would shoot back up losing five figures. Glad I didn’t go all in. Wish I knew about this channel before investing in failed banks.

  • @whiterabit09
    @whiterabit09 9 месяцев назад +2

    What banks can you open an account online, from anywhere, that are reliable?

    • @nomadcapitalist
      @nomadcapitalist  9 месяцев назад +5

      Great question, we have talked about some of our favorite banks in this video: ruclips.net/video/HTKNXelF8Sk/видео.html

    • @martikaarellano1
      @martikaarellano1 9 месяцев назад +1

      Whats your opinion about Wise?

    • @whiterabit09
      @whiterabit09 9 месяцев назад

      Its excellent recommend @@martikaarellano1

    • @whiterabit09
      @whiterabit09 8 месяцев назад

      Its great, i have an account@@martikaarellano1

  • @georgesafrany5687
    @georgesafrany5687 9 месяцев назад +14

    KFW Bank in Germany does not have branches or bank/ savings account services. They only lend money.

  • @Michael_Arnold
    @Michael_Arnold 9 месяцев назад +21

    I used 19 btc to buy 18 ozs of gold in Feb 2017. The btc was worthe $22K at the time.
    Today, that gold is worth ~$40K
    Today that btc is worth ~$1.2M
    Don't let that dinosaur-brain stymie your progress!

    • @fnuclone1229
      @fnuclone1229 9 месяцев назад +5

      you basing that on fiat value which is backed by nothing

    • @Michael_Arnold
      @Michael_Arnold 9 месяцев назад

      @@fnuclone1229 Yes, in order to make a direct comparison at this time. Have you got a better way?

  • @ladyashephd727
    @ladyashephd727 9 месяцев назад +6

    Andrew, As usual Great advice.
    TMI but, When I was in my twenties (now 63) I went up and down the Bonhaufestrasse in Zurich and opened several numbered accounts because of this very reason. I've established residencies that allow me to do business, live freely and bank because I established relationships early on in life.

  • @headstockllc7807
    @headstockllc7807 8 месяцев назад +3

    Banks in UAE do ask what you want to withdraw your money for. They want details!

  • @sgkenswil
    @sgkenswil 9 месяцев назад +14

    Geopolitcally Switzerland is a lot safer than Singapore. Banking access to Europe is also easier from a Swiss bank.

    • @wavemastery1786
      @wavemastery1786 9 месяцев назад +5

      The Swiss Banks voted to pass the Russian money they froze illegally, to pass it to Ukraine!! Forget about Swiss Banking😂

    • @Rainy_Day12234
      @Rainy_Day12234 8 месяцев назад +2

      No privacy in Switzerland

  • @stiffeification
    @stiffeification 9 месяцев назад +17

    You cant open an account with kfw anyway. It's not a traditional bank that has customer deposits.

    • @rivenoak
      @rivenoak 9 месяцев назад +7

      not even german citizens or german firms could deposit something, the #1 spot from the list is off the table.

    • @gsingh5617
      @gsingh5617 8 месяцев назад

      Who does it cater to?

    • @stiffeification
      @stiffeification 8 месяцев назад

      @@gsingh5617 it‘s a development bank amd lends out money to insitutaions/companies maiy. It caters to projects such as infrastructure projects, innovation projects. Also does stuff like student loans. But purely issuing these loans

  • @quinntheeskimooutdoors6234
    @quinntheeskimooutdoors6234 8 месяцев назад

    Thanks😊

  • @everinvesting
    @everinvesting 6 месяцев назад

    What about banks in Panama?

  • @wagondragon
    @wagondragon 9 месяцев назад +56

    Safest bank is a cold wallet.

  • @heatherbeth4249
    @heatherbeth4249 7 месяцев назад +3

    I am pulling out of Chase. They have an extremely nefarious background.

  • @michaelf3753
    @michaelf3753 7 месяцев назад +2

    The other thing with JPM is that it is by far too big to fail. There is precisely zero chance the US govt wouldn't bail them out if they needed it.

    • @nomadcapitalist
      @nomadcapitalist  7 месяцев назад +1

      You could prop up the bank without insuring every depositor dollar, though.

  • @KM-vn9mj
    @KM-vn9mj 9 месяцев назад +1

    Pakistani banks like HBL best as they are giving the profit rate of 20.5 per month on monthly plans, means you can take out money when ever you want

    • @nomorenews
      @nomorenews 9 месяцев назад

      Pakistani currency is junk currency ,just like turkish lira and Argentina peso.
      Any interst on money is eatenup by the currency devaluation😢

  • @briangasser973
    @briangasser973 3 месяца назад

    What you are missing is the largest American banks: Citi, Chase, Wells, and B of A are systemically important and too big to fail. The US govt implicitly backstops these deposits. The same can not be said for EU banks where during the Greek financial crisis, Greek EU deposits were frozen from being with withdrawn. You need a large economy to have a govt that is capable of backstopping all deposits, including foreign ones.

  • @curiobill
    @curiobill 9 месяцев назад +6

    Can you please do a similar video on banking suggestions for Latin America? Thanks

  • @rivenoak
    @rivenoak 9 месяцев назад +5

    9:50 #34 is Sparkassen-Finanzgruppe ? everybody and their grandma bank there here in germany; seems my own money already there is safe then :D

  • @torquethetalk
    @torquethetalk 9 месяцев назад +3

    If you have cash, it should no longer be left in banks....

  • @tsuisunyu
    @tsuisunyu 9 месяцев назад +9

    one of my collage I know in America (new york city) got a simple blood clot recently, so he went to nyu hosptial, the doctor amputated both his legs, took out 2 of his kidney and transplant, and did a heart transplant just because of a little bit of blood clot. I do not even trust american health care system anymore, if you get just a bit sick, the doctors will try to find ways to do an amputation and transplant one of the organs even for a tiny sickness, I do no longer see the point of staying in america because the health care system will find ways to supress the general public with its medical power.

    • @8d4o0c4
      @8d4o0c4 9 месяцев назад +2

      Hmmm. Really? That seems - at the very least - "eyebrow-raising."

    • @NA-me6sh
      @NA-me6sh 9 месяцев назад

      suuuuure ...

  • @beezowdoodoozoppitybopbopb9488
    @beezowdoodoozoppitybopbopb9488 9 месяцев назад +10

    From what i understand, banks everywhere are using fractional reserves. My question is which banks are the least leveraged?

    • @foggycraw6758
      @foggycraw6758 9 месяцев назад +3

      Good question

    • @famicomnintendo
      @famicomnintendo 9 месяцев назад +1

      canadian big banks are pretty safe, they work as an oligopoly and are regulated so they maintain provisions for bad loans and avoid excess leveraging

    • @foggycraw6758
      @foggycraw6758 9 месяцев назад

      @@famicomnintendo is that a joke? Who wants that government seizing their money over protests?

  • @Rynorasaurus
    @Rynorasaurus 9 месяцев назад +2

    I just bought your book on audible! Looking forward to listening 👍

    • @carleonking1852
      @carleonking1852 9 месяцев назад

      Same. I haven't listened yet either.

    • @nomadcapitalist
      @nomadcapitalist  9 месяцев назад +1

      Glad to hear that! Share your thoughts with us 😊

  • @timlinator
    @timlinator 9 месяцев назад +1

    How about wise?

  • @nickalbrecht3412
    @nickalbrecht3412 9 месяцев назад +6

    Pls make a video for stock brokerage accounts

  • @manavaatma
    @manavaatma 9 месяцев назад +3

    I was pleasantly shocked to see RBC in Canada at the #10 spot.

    • @MarinaLaroche
      @MarinaLaroche 9 месяцев назад +2

      Wait till next year after their HSBC acquisizition has been "digested" It may not be at # 10 anymore.

    • @manavaatma
      @manavaatma 9 месяцев назад +2

      @@MarinaLaroche I had no idea they were acquiring HSBC. Thanks for the tid bit

    • @al8775
      @al8775 9 месяцев назад

      FYI... HSBC Canada part only bro @@manavaatma

  • @nasly905
    @nasly905 9 месяцев назад

    8:41

  • @MsPackman4
    @MsPackman4 9 месяцев назад +3

    I wish you offered a lower end more scaled down service that was accessible to more people.

    • @nomadcapitalist
      @nomadcapitalist  9 месяцев назад +1

      While our primary services cater to high-net-worth individuals, we understand the desire for more accessible options. That's why we're excited to invite you to our Nomad Capitalist Live event. It's an opportunity to immerse yourself in valuable insights, networking, and strategies for living a global lifestyle, all at a more accessible level: nomadcapitalist.com/live/

  • @vince1012
    @vince1012 9 месяцев назад +4

    Why did you ignore Northern Trust & State Street Bank which were ranked higher than JP Morgan?

    • @carleonking1852
      @carleonking1852 9 месяцев назад

      What's the difference between the two

    • @vince1012
      @vince1012 9 месяцев назад

      @@carleonking1852 the rankings seem to be based on a composite of the various credit rating agencies.

  • @knaraya936
    @knaraya936 6 месяцев назад +1

    What did he say about Indian banks?

  • @openmedia2945
    @openmedia2945 9 месяцев назад +1

    Superp info as always, thank you!

  • @emillotyanu2350
    @emillotyanu2350 9 месяцев назад +9

    The most important thing you left out of your analysis - do any other countries except for U.S. guarantee $250,000 on your accounts?

    • @pcac
      @pcac 9 месяцев назад +1

      you forgot to elaborte about the fact that the FCSE insurance is paid by the tax payer... meaning you pay your own insurance via tax money 😂😂😂

    • @emillotyanu2350
      @emillotyanu2350 9 месяцев назад +5

      ​@pcac It is factually incorrect. I don't know what FCSE is, but FDIC (Federal Deposit Insurance Corporation) draws its funds from 2 main sources: Insurance premiums paid by participating banks and Interest (income) it gets from investments in Treasury bonds.
      😂😂😂

    • @georgesafrany5687
      @georgesafrany5687 9 месяцев назад +2

      Germany up to 100,000 Euros per Bank and most banks will not take US citizens

    • @eliasgustafsson1290
      @eliasgustafsson1290 9 месяцев назад

      @@georgesafrany5687 All of EU does.

    • @chookchook2451
      @chookchook2451 9 месяцев назад

      Australia does. You can have multiple accounts with different banks , $250,000 in each and they are protected.

  • @lenzo6551
    @lenzo6551 9 месяцев назад +3

    Can you leave a link for the site that you showed?

  • @jameslee-dp6cb
    @jameslee-dp6cb 6 месяцев назад +1

    We, the public in the US, are presently learning that the most dangerous people to do business with are Nomad Capitalist. We should have remembered the last great depression. The Nomad Capitalist takes the money and runs, leaving the rest of us to clean up their mess. In fact, these capitalist have taken the money and ran in so many countries around the globe that it's dangerous for these capitalist to move to some countries. I suspect that capitalist are now in danger of not being welcomed in most countries considering the technology has given many of these countries the ability to see what is financially going on in other countries. It seems to me that these capitalist might need to mend their ways before no country will welcome them within their borders. Nomad Capitalist show that they are not loyal to any nation and thanks to technology, most countries are presently seeing how capitalist, in general, will infiltrate their governments and change the laws of that country to gain a financial advantage. Thanks to these capitalist own actions, their game is not far from being through. Sooner or later, no amount of money a capitalist possesses will make them welcome into a country. It's been centuries in the understanding of just how detrimental nomad Capitalist have been to past civilizations, but understanding has now been acquired. In fact, I would say that capitalist in general had better learn to mend their ways concerning government mettling or they might end up having to live their lives on their yachts because governments will ban them from even entering their country.

  • @dassa0069
    @dassa0069 9 месяцев назад +94

    Gold is the only money you can trust.

    • @andrewwitkins5286
      @andrewwitkins5286 9 месяцев назад +30

      Btc is the only money sir

    • @bricklawson9745
      @bricklawson9745 9 месяцев назад +17

      Shinny rocks will be going down in value. Better get some Bitcoin.

    • @DanielRojas-pf1pw
      @DanielRojas-pf1pw 9 месяцев назад +14

      Naaa bitcoin is.

    • @DanielRojas-pf1pw
      @DanielRojas-pf1pw 9 месяцев назад

      @@petewick8627 Only similarity is both are digital. Bitcoin is closer to cash in any other respect than to a CBDC

    • @ThomasConover
      @ThomasConover 9 месяцев назад

      Gold is dead. The gold market is 99% fake paper gold. Try get any of it converted to real gold. You can’t. The gold price should have been at least 20k today but it’s not. Because paper gold.

  • @EricPham-gr8pg
    @EricPham-gr8pg 9 месяцев назад

    So government had best chamce to take over all banking and data base

  • @Jaguar2121
    @Jaguar2121 9 месяцев назад +7

    I wonder how trustworthy the banks are ranked. We can't tell unless they are in a provable public ledger.

  • @RT-nr5ep
    @RT-nr5ep 9 месяцев назад +4

    I worked 6 years for the Zuercher Cantonalbank. Nothing special about it, just the local bank for the zurich canton

    • @8d4o0c4
      @8d4o0c4 9 месяцев назад

      In the Cantonal Bank in Basel they would not even talk to me because of my US citizenship, and I live and work in Switzerland.

  • @dragonfly5895
    @dragonfly5895 9 месяцев назад

    What do you think of investing in foreign currency in Singapore, as an alternative to US banks?

  • @gloriathomas3245
    @gloriathomas3245 9 месяцев назад +6

    Generally speaking I would say a bank in my home country (Antigua) however given how the US government has in the past few years has been targeting Caribbean banks I wouldn't say they're safe anymore

  • @DEXTERDESJARDINS
    @DEXTERDESJARDINS 7 месяцев назад

    What about Argentina?

  • @jacknelson9656
    @jacknelson9656 9 месяцев назад +4

    you are Genius.

  • @VincentLeo-n6k
    @VincentLeo-n6k 8 месяцев назад +1

    The strongest and safest bsnks in the world is the Chinese state own banks which is back by the government where every a account is guaranteed 😅😅😅

    • @Rainy_Day12234
      @Rainy_Day12234 8 месяцев назад +1

      Potential for account being frozen is very high…denying you access to your funds

  • @Time2Live.online
    @Time2Live.online 9 месяцев назад

    Would simply not renewing my US Passport be the equivalent of renouncing my citizenship? Left the US 30 years ago, never to return.

  • @JXZ-JAM
    @JXZ-JAM 3 месяца назад

    I wouldnt trust Chase or BofA if my life depended on it.

  • @djwaxstyles1
    @djwaxstyles1 9 месяцев назад +2

    I need this

  • @App-Generator-PRO
    @App-Generator-PRO 9 месяцев назад +2

    thanks

  • @denizkenber
    @denizkenber 7 месяцев назад

    Turksih banking system is one ıf the best

  • @alexmuller9407
    @alexmuller9407 9 месяцев назад +22

    Bitcoin is the safest Bank 🏦

    • @MgtowRubicon
      @MgtowRubicon 9 месяцев назад

      Build an emergency reserve, including gold & silver physical bullion and untraceable cryptocurrency, like Monero [XMR].
      Bitcoin is fully traceable (that's how BTC ransom scammers were caught); avoid it.

  • @dauntlesslion22
    @dauntlesslion22 9 месяцев назад +5

    for everyone who does not have access to these banks, the bitcoin ledger is the next safest "bank", accessible worldwide, accept everyone , even 1$ deposits, does not ask any question whatsoever, you can stake it and earn yield, or you can take a loan against it (max 50% colleteral) sorry had to do this comment XD

    • @trishgreen2892
      @trishgreen2892 9 месяцев назад

      No. Any place I've tried to buy bitcoin, I have to give my physical address and my tax information, and it's laughable that you say, $1 deposits. I tried to buy on a p2p and they stole $40 that I was using as an experiment to see how well it went... thank Gd it wasn't more than that. So now I have two empty hardware wallets sitting empty.

  • @Dfd_Free_Speech
    @Dfd_Free_Speech 9 месяцев назад +6

    The safest bank is my own Bitcoin hardware wallet

  • @Diogenes515
    @Diogenes515 9 месяцев назад

    I wonder what you think of Citibank International Personal Bank in Singapore - US owned but incorporated and regulated in SG

  • @dianerogers3420
    @dianerogers3420 9 месяцев назад +1

    What about credit unions?

  • @karl104
    @karl104 7 месяцев назад +1

    Own stocks in Swedish banks! Dont even try to do business with them!

  • @larslars-g5n
    @larslars-g5n 9 месяцев назад +1

    2,37 before you see any list...why not see the list and then decide if you want to hear more..no surprise with the list...

  • @Muhayyo666
    @Muhayyo666 19 дней назад

    That’s why we have Bitcoin

  • @orionvassi
    @orionvassi 9 месяцев назад +3

    No Charles Schwab? Most of the rich successful folks I know have an account with them.

  • @Katkattarotandparanormal
    @Katkattarotandparanormal 6 месяцев назад

    What about americans with less money

  • @Mrtrancefreak50
    @Mrtrancefreak50 9 месяцев назад +2

    No one should be endorsing banks and I don't need to explain why

  • @yamuiemata
    @yamuiemata 9 месяцев назад

    DBS last year had a huge amount of problems with whole system outages, people can't use ATMs , transactions etc

  • @merrykrichtsamt
    @merrykrichtsamt 9 месяцев назад +1

    Singapore is much better than Switzerland.If you also trade and invest money then it should be very easy to open an account with a bank (broker).

    • @8d4o0c4
      @8d4o0c4 9 месяцев назад +1

      Well, the skiing and the mountains are demonstrably better in Switzerland... 😉

    • @merrykrichtsamt
      @merrykrichtsamt 9 месяцев назад +2

      @@8d4o0c4 well we talk about money here and Singapore is a serious country with a seriou regulator, not like Switzerland. I guess you have seen what happened in march 2023? would you consider Switzerland a reliable country after what they did? I and many other people don't.

  • @anonymousJAN2024
    @anonymousJAN2024 9 месяцев назад +2

    Andrew, always negative towards the UAE. UAE banks have no better or worse service than European banks.

  • @cammedmotorsports7629
    @cammedmotorsports7629 9 месяцев назад +2

    The problem is, do you actually believe bankers to tell you how secure they are? It’s comical 😂

  • @Annnnndbitcoinfixesthis
    @Annnnndbitcoinfixesthis 9 месяцев назад +5

    Bitcoin is the safest bank in the world !!!

  • @ladislavterban9025
    @ladislavterban9025 9 месяцев назад +2

    RBC is good bank, but is red flag when goverment can freeze your bank account?

    • @balexic
      @balexic 9 месяцев назад

      What was the reason for the freeze?

  • @corneliuswowbagger
    @corneliuswowbagger 9 месяцев назад

    What happens if the CCP decides to reign in Singapore again!

  • @georgelien
    @georgelien 9 месяцев назад +1

    😂 I laughed so hard 😂

  • @CryptoSimp-v9q
    @CryptoSimp-v9q 9 месяцев назад +9

    Bitcoin is the safest bank in the world

    • @jjones8813
      @jjones8813 9 месяцев назад +6

      Until the lights go out.....

    • @CryptoSimp-v9q
      @CryptoSimp-v9q 9 месяцев назад

      @@jjones8813 if the lights go out are your paper dollars going to be good for anything other than wiping your ass? Are your $2000 gold pieces going to buy you a single chicken or bottle of water? If the lights go out people will be eating each other in 2 weeks, currency of any kind will be irrelevant

    • @DjangoUnchained22
      @DjangoUnchained22 9 месяцев назад

      I would check Quantum Computing/Bitcoin/Lights out - if I was you.

    • @CryptoSimp-v9q
      @CryptoSimp-v9q 9 месяцев назад

      @@DjangoUnchained22 once again, if Quantum computing can break the 256 sha encryption on my bitcoin then they can also break the 256 sha military encryption on the nukes so we have bigger problems than bitcoin

    • @CryptoSimp-v9q
      @CryptoSimp-v9q 9 месяцев назад

      @@skranz7790 golds not going to save you after an EMP. The only value your going to offer people in that scenario is a mobile Happy Meal.

  • @PsychicPisces
    @PsychicPisces 9 месяцев назад

    UAE was on some banking ‘grey list’ in Europe and the UK, and I do regular transfers and transactions on my Starling Bank (UK digital bank) because free overseas banking. I got and email from Starling Bank, telling me that they will be closing my bank account in 3 months time, after they were questioning me about my Dubai transactions 🙄🙄 coincidently, this was the same day that UAE was removed from this grey list 😐

  • @xxxs8309
    @xxxs8309 9 месяцев назад +6

    Bitcoin is the safest

  • @apakansaja8505
    @apakansaja8505 9 месяцев назад +2

    *Nahh... all these banks deal with Riba (Usury/Interest). You shud really try Islamic Banking.*

    • @Goat-w3t
      @Goat-w3t 8 месяцев назад

      I agree, can you recommend one.

  • @Lucas-wn5wm
    @Lucas-wn5wm 6 месяцев назад

    Im a singaporean! XD

  • @longlostkryptonian5797
    @longlostkryptonian5797 9 месяцев назад

    As a USC, I find it embarrassing that’s the best we have to offer in terms of security. It seems to be getting worse here while other options around the globe are continuously improving.

  • @stevestojanovich3105
    @stevestojanovich3105 9 месяцев назад +1

    Canadian banks have too many loans on housing.

  • @pholtfrerich
    @pholtfrerich 9 месяцев назад +9

    If you want a safe bank, just use Bitcoin.

  • @rodgerdodgerlowe1838
    @rodgerdodgerlowe1838 9 месяцев назад +1

    Bank where great grandparents banked in the USA in the 1930s

    • @cmb3915
      @cmb3915 9 месяцев назад

      Ten cents on the dollar?