Bankers and bank staff, like all people with mouths, are generally indiscreet. All but a very few countries are generally invasive of privacy rather than protective of it. Most governments (translate politicians) are ready, willing and able to confiscate your assets without giving it a second thought. So what does one do? The solution is to bank “offshore“, in a country where your banker doesn’t know anyone you know, and, as mentioned before, to bank under an alternate name. A small island or country like Switzerland or Luxembourg whose economy depends upon keeping it attractive as an offshore banking center is less likely to confiscate your money. Likewise, a few countries have a long tradition as banking centers.
CAN YOU SUPPLY A LIST OF GOOD, RELIABLE, SAFE BANKS WHO KNOW HOW TO KEEP A SECRET? CAN YOU EXPLAIN HOW TO IDENTIFY GOOD BANKS?
We could use the “woman” example and say that banks are like women. We recognize too thai our female readers could say the same thing about men! Ail men, women and banks have certain desirable characteristics and many have fatal flaws. Your favorite is not necessarily my favorite. But given what I have said up until now, and realizing that our readers want specific recommendations, here come a few.