Thread: bank safety
View Single Post
  #13  
Old 02.03.2009, 17:58
dannyt986's Avatar
dannyt986 dannyt986 is offline
Forum Veteran
  
Join Date: May 2005
Location: Wollerau, Schwyz
Posts: 685
Groaned at 6 Times in 6 Posts
Thanked 103 Times in 75 Posts
dannyt986 is considered knowledgeabledannyt986 is considered knowledgeabledannyt986 is considered knowledgeable
Re: bank safety
I negotiated a right of offset between my mortgage and assets with the Swiss bank I use ie if they go bust, I can reduce my outstanding mortgage by the funds I had with them.

D
Reply With Quote