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My friend lost 1M in Cypriot bank. There are many stories about frozen assets. If you have decent money, using single account/country is not just lazy, but stu
by throw3849 5y ago
My friend lost 1M in Cypriot bank. There are many stories about frozen assets.
If you have decent money, using single account/country is not just lazy, but stupid.
- GDC7 5y agoIf you have decent money you go with the best, no need to spread: Below the list of the world's top 50 safest banks https://d2tyltutevw8th.cloudfront.net/media/document/press-release-worlds-safest-banks-2020-1602792478.pdf https://d2tyltutevw8th.cloudfront.net/media/document/press-r...
- wizzwizz4 5y agoI haven't found any of these stories. Care to share a news article?
- rutthenut 5y agoSearch for "Laiki bank account" and that gives plenty of info about Cyprus money re-appropriation, for example. Iceland bank issues were widely covered too
- wizzwizz4 5y agoI couldn't find anything about re-appropriation. Just about the bank having problems, and the accounts being moved to a different bank.