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Sometimes our clients will raise concerns about Electronic Money Institutions – Neobanks, such as Wise (Transferwise), N26, Revolut, Mercury, etc.
How safe your funds are in such institutions? Can you deposit a larger amount of money? Can something happen to your funds here?
Should you be cautious? Is it a better idea to stick with the traditional banks, especially with large amounts of money?
Today we are clearing all of the EMI myths and misconceptions!
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
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