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A comment on Dutch entrepreneurs avoiding negative interest by opening multiple bank accounts. Parent comment

Re:Dutch entrepreneurs avoiding negative interest by opening... by throw3849 on Wednesday September 01, 2021 @07:45AM (#28378595)
My friend lost 1M in Cypriot bank. There are many stories about frozen assets.

If you have decent money, using single account/country is not just lazy, but stupid.

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Re:Dutch entrepreneurs avoiding negative interest by opening... by GDC7 on Wednesday September 01, 2021 @08:53AM (#28379207)
If you have decent money you go with the best, no need to spread:

Below the list of the world's top 50 safest banks

https://d2tyltutevw8th.cloudfront.net/media/document/press-r...

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Re:Dutch entrepreneurs avoiding negative interest by opening... by wizzwizz4 on Wednesday September 01, 2021 @09:59AM (#28379900)
I haven't found any of these stories. Care to share a news article?
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Re:Dutch entrepreneurs avoiding negative interest by opening... by rutthenut on Wednesday September 01, 2021 @12:06PM (#28381617)
Search for "Laiki bank account" and that gives plenty of info about Cyprus money re-appropriation, for example.

Iceland bank issues were widely covered too

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Re:Dutch entrepreneurs avoiding negative interest by opening... by wizzwizz4 on Wednesday September 01, 2021 @01:05PM (#28382558)
I couldn't find anything about re-appropriation. Just about the bank having problems, and the accounts being moved to a different bank.
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