Originally Posted By: Bingley
Originally Posted By: Mark_R
First: Have an account in an international bank based in a foreign country. It's a little tricky to do as most of the international banks seem to be based in China (out of the frying pan and into the fire).


I don't know international banking at all. What are the problems with banks based in China? Also, what about those famous Swiss banks that we hear about in the movies? That's where the James Bond villains keep their money ("in a numbered account"), right?


China's government tends to be very heavy handed. I'd balk about putting my money where it's subject to their whims.

The Swiss banks are the ones with the "Numbered accounts". Just keep in mind that a 1.3B dollar fine early last year by the US Justice department is making them skittish to take on any US clients.
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