Swiss banks continue to impose high transfer fees for custody accounts and securities, often exceeding CHF 100 per position, with foreign securities incurring even higher costs. Despite calls from the price watchdog and Seco for fee reductions, many institutions remain unresponsive, prompting investors to consider negotiating with new banks or liquidating positions to save on costs.
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0 posts last weekHow Binance Pay Enabled a Life-Saving Medical Transfer Across Borders
In a life-saving incident, Imed Idrissi used Binance Pay to transfer funds quickly for emergency surgery after traditional banking methods failed due to lengthy processing times. His family’s experience highlighted the practical benefits of cryptocurrency, transforming their view of digital assets from skepticism to appreciation for their efficiency and potential in urgent situations. Both families now regularly use Binance Pay, recognizing its role in enhancing financial freedom and facilitating cross-border transactions.
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