We use cookies to give you better functionality and analytics. By clicking Accept, you consent to our Cookie Policy, Legal Notice, Privacy Policy and Website Terms of Use.

Safest place to keep your money

2
min read
IllustrationIllustration

Where is the safest place to keep your money?

This varies depending on your personal situation and financial goals. For some, a savings account in a bank is the safest place to keep money, while for others it is investing in stocks or other assets, while for others it’s a mix of different options. The most important thing is to understand your personal circumstances and goals, and get professional financial management guidance if you need to.

Are Swiss banks the safest?

Switzerland has a long history and strong reputation of providing safe banking. However, jurisdictions like the Cayman Islands, Singapore, Germany, Gibraltar, Germany and Belize are also very safe options for banking.

For instance, Xapo Bank is located in Gibraltar and has extremely high standards of security and wealth protection. As a fully regulated bank that is licensed by the Gibraltar Financial Services Commission, your fiat deposits are protected by the Gibraltar Deposit Guarantee Scheme for up to the US Dollar equivalent of EUR 100,000. We also have one of the largest Bitcoin reserves in the world, providing much needed safety for your BTC deposits.

Which is the safest bank in Europe?

There is unlikely to be one answer to this question, as there are different bodies that rank banks and other financial institutions. In evaluating the choice of an international bank, you should consider the bank’s regulatory jurisdiction, the governance framework, whether it offers deposit guarantees and the security measures in place to protect your wealth.

What is the safest international bank?

There is unlikely to be one answer to this question, as there are different bodies that rank banks and other financial institutions. In evaluating the choice of an international bank, you should consider the bank’s regulatory jurisdiction, the governance framework, whether it offers deposit guarantees and the security measures in place to protect your wealth.

Disclaimer

This article is for general information purposes only and is not intended to constitute legal or other professional advice or a recommendation of any kind whatsoever and should not be relied upon or treated as a substitute for specific advice relevant to particular circumstances. We make no warranties, representations or undertakings about any of the content of this article (including, without limitation, as to the quality, accuracy, completeness or fitness for any particular purpose of such content), or any content of any other material referred to or accessed by hyperlinks through this article. We make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up-to-date.

Xapo Bank is a crypto-enabled bank licensed by the Gibraltar Financial Services Commission. We give our members access to a US Dollar and Bitcoin account, successfully bridging the gap between traditional banking and crypto. USDC deposits into Xapo are immediately converted to USD on a 1:1 basis, giving instant dollar cash value with zero exchange fees.

Share article

Join Xapo Bank

To begin, please enter your name and the email you want us to use for all Xapo Bank matters

Please enter a valid first name
Please enter a valid last name
Please enter a valid email address
Thank you!
Your submission has been received!
Oops! Something went wrong while submitting the form.

Want to learn more about Xapo Bank?

We'll send you extra info about your new account so you can feel at home.

Please enter a valid first name
Please enter a valid last name
Please enter a valid email address
Arrow
Select a country
Please select your country of residence
We are really sorry! An error occurred while submitting the form. Please submit the form again.
Icon

Great news! We'll send you more information soon.

In the meantime, why not open your Xapo Bank account? It'll only take a few minutes.
Oops! Something went wrong while submitting the form.
Licensed
bank in Gibraltar
Secure
USD bank account
Insured
USD deposits

Related Posts

No articles found.
A woman's hand on the sea backgroundA woman's hand on the sea background

the bridge between
Bitcoin, US Dollars, and stablecoins