I Closed My Bank Accounts
40,723
Published 2024-08-10
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In this video, Mr Henderson discusses his decision to close several bank accounts around the world. He highlights the importance of regularly reviewing and consolidating financial options for better efficiency and shares specific reasons for closing accounts with banks like TD Canada, TBC Bank in Georgia, and UOB in Singapore, among others.
00:00 Start
00:15 Why Mr Henderson Closed Bank Accounts
02:16 TD Canada
04:49 TBC Bank in Georgia
07:02 Terra Bank in Armenia
07:22 UOB in Singapore
10:29 Banks in Armenia
10:58 Banks in Montenegro
11:53 Erste Bank
12:22 UniCredit in Serbia
12:54 A Bank in the Bahamas
14:19 Banking in the UAE
15:23 Mr Henderson's Suggestion
16:32 How Nomad Capitalist Can Help You
Nomad Capitalist helps clients "go where you're treated best". We are the world's most sought-after firm for offshore tax planning, dual citizenship, and international diversification and asset protection. We use legal and ethical strategies and work exclusively with seven- and eight-figure entrepreneurs and investors.
We create and execute holistic, multi-jurisdictional Plans that help clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against threats in their home country.
No other firm offers clients access to more potential options to relocate to, bank in, or become a citizen of. Because we do not focus only on one or a handful of countries, we can offer unbiased advice where others can't.
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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.
All Comments (21)
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Love your content Andrew 😊I have 2 properties in Colombia and about to move permanently end of September. I’m considering applying to work in your organization once I’ve left the US for good. Thank you for all of your amazing information.
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Yeah I 'closed' my bank account with Chase in the US and the bastards kept it open and then claimed I owed them money 4 years later
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A Horrible bank in South Africa, "Standard Bank" - only way you can get anything is by going into a branch. Even though their branches are only on South Africa and they know you are overseas - they always say: "Come into your nearest branch".
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Its like the south park episode when stan deposited $100 and the banker said its all gone 😂😂😂😂
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A bank "account" with a deposit/cash is nothing but a loan to the bank. As soon as the bank goes bankrupt, there goes your money.
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in ROMANIA ... when opening an account with a ROMANIAN government issued RESIDENCE PERMIT and Personal Numerical TAX number (CNP)... BANKS force you to provide TWO addresses: (1) your RESIDENCY address in the Romanian city which matches your RP document and also a (2) DOMICILE address which is one's country of origin's address, as if .... one's residential address is not the same as one's domiciliary address - it is A MESS !! 🤡🤦♀
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I live in Vietnam and just inherited a large sum of money from my grandmother. Now I’m torn between keeping it in my American bank account vs my Vietnamese bank account. I’m thinking a Singapore bank now that I watched this video. Good content Andrew.
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Although the desire to constantly innovate is understandable, the recent banner sound effect (the rumbling "swoosh") is a bit too loud and distracting. That said, great subject pick: relatable and oddly informative. Keep up the good work, NC crew.
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I appreciate the consistent content NC team <3
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My Life IS all cash and metals. I have a bank account only to pay utilities. My favorite option IS Western Unión! You can send money to yourself to travel destinations and people can pay you there. Fees are not great but convenient.
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Awesome video Andrew.👍🏼❤ thanks for sharing this with us all. Cheers from 2 Canadians 🇨🇦 living in Mexico. 🇲🇽✌🏼
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I still don't understand why close if you can just leave it with $0? Most often it's free. I opened an account recently in one of these banks you mentioned just to have options.
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Mexico has an interest rate of 10.75% 😂
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What about neobanks? Revolut, NuBank etc?
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Good video!
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Thanks for the list. Any thoughts on Crypto friendly banks that you know of?
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I love the UAE. Great for Companie also.
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❤️Success is not built on success. It's built on failure, It's built on fraustration. it's built on fear that you have to overcome. I pray that anyone who reads this will be successful in life…🇺🇸
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all the 90s Microsoft clip-sounds are annoying, FYI
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What about Lunar in Denmark?
