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Personal banking suggestions
HI all,

This isn't exactly GoL/Geneva related, but I'm sure some of you will have an opinion. :)

I'm looking to open an account with a bank where I can hold a euro, USD, and CDN account. I've moved from Canada to the US to France, and have accounts spread in all three places and I'm not keen on consolidating my accounts into one currency. And having opened my accounts in each country makes it a bit of a pain to access/transfer money if I'm not there.

Does anyone have any suggestions on banks that would make sense? The bulk of my money is currently in euros but am likely returning to Canada for a while.

Finally, can I open these accounts with a bank in Geneva as a resident of France?

Thoughts/comments?

Cheers,
Matt
The text you are quoting:
HI all,

This isn't exactly GoL/Geneva related, but I'm sure some of you will have an opinion. :)

I'm looking to open an account with a bank where I can hold a euro, USD, and CDN account. I've moved from Canada to the US to France, and have accounts spread in all three places and I'm not keen on consolidating my accounts into one currency. And having opened my accounts in each country makes it a bit of a pain to access/transfer money if I'm not there.

Does anyone have any suggestions on banks that would make sense? The bulk of my money is currently in euros but am likely returning to Canada for a while.

Finally, can I open these accounts with a bank in Geneva as a resident of France?

Thoughts/comments?

Cheers,
Matt
mrbeauJan 19, 2007 @ 14:35
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Re: Personal banking suggestions
Post 1
Hi,

If you're working in Switzerland, you can open an account easily. If you're not, I know UBS (and probably some others as well ) let you have an account if you deposit at least 50000chf. I called Bank Migros to ask, and they told me... you've to go to an agency, and there the people could either let you open an account or not, depending on your face! (yes, I was amazed too ;) )

Remy
The text you are quoting:
Hi,

If you're working in Switzerland, you can open an account easily. If you're not, I know UBS (and probably some others as well ) let you have an account if you deposit at least 50000chf. I called Bank Migros to ask, and they told me... you've to go to an agency, and there the people could either let you open an account or not, depending on your face! (yes, I was amazed too ;) )

Remy
RemyS, Jan 23, 2007 @ 15:28
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Re: Personal banking suggestions
Post 2
I guess I should explain in a bit more detail.

Basically I'm looking for a bank where I can hold accounts in USD, CDN, and euros, and which also has good presence in those three areas. So Swiss based banks probably aren't ideal in my situation. I'm thinking along the lines of Citibank and HSBC. I'm going to do some looking into them. I don't have any real need for a CHF account at this time.

Thanks and cheers,
Matt
The text you are quoting:
I guess I should explain in a bit more detail.

Basically I'm looking for a bank where I can hold accounts in USD, CDN, and euros, and which also has good presence in those three areas. So Swiss based banks probably aren't ideal in my situation. I'm thinking along the lines of Citibank and HSBC. I'm going to do some looking into them. I don't have any real need for a CHF account at this time.

Thanks and cheers,
Matt
mrbeau, Jan 24, 2007 @ 10:53
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Re: Personal banking suggestions
Post 3
Between Citibank and HSBC I'd go Citibank in your position. They're more advanced than HSBC and might even have better charges for their products but you'd need to compare that to be sure. Have the feeling that HSBC is still trying to stabilise all the retail banks it swallowed into one coherent entity.

I woudn't write off UBS though, it's a very good bank and retail customers get a lot of trickle down benefit from their private banking expertise. Could be worth a look.
The text you are quoting:
Between Citibank and HSBC I'd go Citibank in your position. They're more advanced than HSBC and might even have better charges for their products but you'd need to compare that to be sure. Have the feeling that HSBC is still trying to stabilise all the retail banks it swallowed into one coherent entity.

I woudn't write off UBS though, it's a very good bank and retail customers get a lot of trickle down benefit from their private banking expertise. Could be worth a look.
Singean, Jan 25, 2007 @ 23:31
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