My complaints for Taiwan is no online banking or not user friendly online banking. The stupid you have to go to the branch you opened at thing. And having to make a new account every time I get a new employer who banks somewhere else.
The banks here are super nice to me. The tellers are all super respectful and polite and go out of their way for me. But I’m also not exactly a foreigner. And I speak Chinese.
The insurance is in place to prevent bank runs(queues of people outside the bank trying to take the money out), and 100k covers 99.99% of the customers
Eh most banks online systems are not suitable for us foreigners to use as just like shopping websites, our ID. Numbers are simply not accepted by the system.
Me too. Even when I do stuff not in my bank to wire western union because it’s a cheaper rate. They try so hard to get my business. Boiling me tea, sweet talking me about all the great benefits and trying to get me to open a credit line with them.
I wonder if they got some policy in the back to make life miserable for foreigners.
Banks don’t drop like flyes unless it’s the week after Lehman went under, and that time it was scary for a lot of people
A business wouldn’t have billions on their accounts though, companies such as Apple, google etc. only keep enough for day to day operations and the rest would be in government bonds and the like
It’s happened enough times where I’d be concerned. Less so in the US. But Italy, from what I am told some banks are operating at loss there. But I’m not that knowledgeable about Italian banking to confirm.
My cousin is one of the youngest to be appointed as a judge. From what I know the trials are pretty fair, they almost always have 3 judges to decide unless it’s some small trivial matter or you go for summary judgement without court proceedings. So it’s a hard sell to me that all 3 judges whose job is to be fair and keep each other in check will be so biased this way. If anything the biggest influence like most court systems is money. Who are you, who do you know, how good are your lawyers. I know of many cases where foreigners won, one of them was a close friend that won complete custody of his children against his Taiwanese ex.