So I need advices from the many banking experts
in the forum.
My wife is about to attend an MBA in Paris. Although we have enough asset to afford it, but we're considering a loan offered by BNP Paribas which has relatively low interest rate, and we could avoid selling our investment.
This loan of course requires a guarantor. Neither of us are French citizens, nor did we have close relatives/friends in France. BNP Paribas says that we could obtain international guarantee from a local bank, say UBS, here in Switzerland. It has two particular options, but either way UBS serves as a guarantee for the loan and we give some sort of collateral to UBS.
We presented our cases to UBS and PostFinance, neither had such services. Do you guys know any thing in this regard? Or some suggestions outside this international guarantee box?
Thanks a lot!