posted 08/09/10 04:18 PM | updated 08/10/10 05:15 PM

From the Desk of Dr. Ango Zango: Special handy banks edition -- India banks? Yanks, Swiss?

The somewhat good Dr. Ango Zango has been missing in action this week as he pursues wealth, yours, and financial gain, his.

Semi-reliable sources had him sequestered at an undisclosed location plotting his next move at OneWest Bank, formerly La Jolla Bank, formerly Indymac Bank, formerly $177 billion of money, yours.

The Paseo Delicias opening excited the Zanngomeister to no end, sources suggested, for he was waiting to contact them for their confirmed package registered with him for shipping to their new commercial location.

Unfortunately, the bank draft worth $8 billion USD, guaranteed, was way small potatoes to the George Soros and his OneWest krewe. A disappointed Dr. Zango was nowhere to be seen among the esteemed colleagues at the festive OneWest balloon-marooned gland opening.

Kindly note, while your colleague did not leave us with any further information, two of Dr. Zango's somewhat esteemed assistants kindly agreed to relay the following very important information exclusively to Ah-Ha Rancho Santa Fe Banana Nation.

So, we bring you live, and more-or-less-perhaps-you-never-know-kinda-direct, from the FedEX Delivery Post of Ms. Susan Shabangu and Mr. Konseiho Hammudu, present a special banking edition of the latest information on wealth and those who seek to have it... 

 

 

 

Which is the best private bank in india to open an NRI account in?

Citi Bank and ICICI are good, Kotak Mahindra too is not all that bad, but have you considered a Nationalised Bank? They are pretty impressive and for a NRI they would bend over backwards. The problem with a private bank is their charges and turn around. You are but a bunch of numbers for them and at the end of it all by the time you complete your term with them you will find that the value you paid is far too high a price for what you get in return! With all that HSBC and Citi would be really great partners for NRI accounts and they do treat their customers with a lot of professionalism. Hope this helps in some way!

  1. Sha مشع Riq شمس Says:
    May 14th, 2010 at 10:12 pm ICICI Bank ?
    http://www.icicibank.com/pfsuser/icicibank/ibank-nri/nrinewversion/Accounts.htm HDFC Bank ?
    http://www.hdfcbank.com/nri/accounts/default.htm Axis Bank ?
    http://www.axisbank.com/nri/accounts/nresavingsaccount/NRE-Savings-Account.asp Citi Bank ?
    http://www.online.citibank.co.in/portal/newgen/nrindex.htm  
  2. CreativeSkull Says:
     ICICI Bank, since online service is good.
  3. gupta0209 Says:
    HSBC provides good service apart from ICICI.
  4. RS Jay Says:
    Citi Bank and ICICI are good, Kotak Mahindra too is not all that bad, but have you considered a Nationalised Bank? They are pretty impressive and for a NRI they would bend over backwards. The problem with a private bank is their charges and turn around. You are but a bunch of numbers for them and at the end of it all by the time you complete your term with them you will find that the value you paid is far too high a price for what you get in return! With all that HSBC and Citi would be really great partners for NRI accounts and they do treat their customers with a lot of professionalism. Hope this helps in some way!
  5. delta Says:
     the only bank which can give you good service is HDFC Bank., amongs private banks and Punjab national bank amongs govt. banks
  6. Shweta S Says:
    You can open your account with Citibank, ICICI.please make sure they have features like
    1) Internet Banking
    2) ATMs in all places which helps for easy withdrawal
    3) Permitting Transfer of funds online.
    4)Payment of utility bills online,which will be easy when u relocate to India
    These features as far as i know are provided by Citibank, ICICI.But, U can also check with other banks.
    Hope this is helpful to you.

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Swiss private bank account – What is the best bank to use ?

I have been told that the best form Wealth Management services come from a Swiss private bank – I believe the Older the Swiss Bank the better – Any one know about Swiss bank account and Swiss private banks ?

Zurich Securuty Bank is the best one Ive heard of.

Ty H Says:

Zurich Securuty Bank is the best one Ive heard of.

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How many Yanks know that every Usa dollar printed has been borrowed from a private bank and you all owe them?

The Federal Reserve Bank is a private corporation that lends every dollar in circulation to the government at interest. Thats what is called a deficit. The trillions of dollars you owe plus the interest is paid to a group of ruthless bankers. Who knew you all could end this whole financial debacle by abolishing the fed and adopting a government currency such as the green back?. Do you realize the banks own all your possessions ………………. until you work long enough to pay them off?

i did know that BUT I think now that barry has been spending like crazy other people are beginning to realize that fact. People hear so much about the national debt of multiple digits that they don’t realize we don’ t have to be in debt!

  1. TyranusXX Says:
    I know , its called the income tax system.
    Have tried , I can’t do anything about it …yet
  2. Pimp Says:
    What are ya gunna do??? Can’t do much about it. F--- the police. Today’s pigs, tomorrows bacon.
  3. andrew Says:
     theoretically, we are PAID that money by EMPLOYMENT
    theoretically, it is our EMPLOYERS who would owe that money
    theoretically, it is the people who BUY from our employers / companies
    theoretically, then it is the CONSUMER who ACTUALLY BORROWS with LONES who owes any money
    use some logic please
  4. Awesome Bill - Category 4 Says:
    I am the only owner of my posessions.
  5. iamct01 Says:
    Well sure, money is debt and debt it money. Andrew Jackson was the last president to pay off the debt then they decided to take money off the gold standard because of all the legal immigration. Here if you want to really know about our monetary system. Skip to 4 min to avoid intro.
    http://video.google.com/videoplay?docid=7065205277695921912  
  6. Bob G Says:
    Yep, I know. That’s why I deal in cash. It saves me a ton of money and contributes less to the Federal Reserve.
  7. Terry Z Says:
    It’s a house of cards. Don’t sneeze. 
  8. quizzard123 Says:
    Do you realize that you need to read a book or two on economics?
    Ignoring the conspiracy theory about the Fed (it’s wrong, but I’m not going to bat my head against that particular fallacy), your understanding of a deficit, and who the money goes to is correct.
    If i borrow money from you, would you not want to be paid back? Would you not want to be paid interest? Does that make you a ‘ruthless banker’? No, it makes you a businessman, and you’d be an idiot to do it any other way.
    No, abolishing the Federal Reserve would NOT change that.
  9. JesusZoidberg Saves Says:
     You should ask me if I care.
  10. Bozema Says:
    We know. And the financial debacle was created by electing idiots, not by having a Federal Reserve system. And I own my own stuff.
  11. Edwina W Says:
    i did know that BUT I think now that barry has been spending like crazy other people are beginning to realize that fact. People hear so much about the national debt of multiple digits that they don’t realize we don’ t have to be in debt!
  12. Dave H Says:
    Wait, so your solution to the deficit owed by the government to the Federal Reserve (which is a disingenuous way to characterise the relationship by the way) is to abolish the Federal Reserve, thus defaulting on the deficit?
    Even if the deficit was transferred to other institutions, who’d actually take it at it’s market value? No financial institution in the world would take on the risk if the Federal Reserve was abolished merely to redistribute the deficit. Unless of course you consider the central banks of other countries, who’d be far less willing to denominate such a large deficit in dollar (or greenbacks, or beaver pelts or whatever you’d have the country trading in).
    Alternatively you’d have the Federal Reserve abolished and the deficit written-off? Thus increasing either the interest rate the government would pay on loans from outside institutions, or increasing inflation when the government is inevitably obliged to print their made-up currency.
    Also, what happens to the American foreign deficit?
     
  13. Pfo Says:
    Uh, a deficit is when you go over your budget.
    If you abolish the Fed, whatever entity replaces them will be exposed to the same corruption that the Fed is. You just don’t trust the Fed, which is fine, but let’s not pretend that turning control of our money to some other entity is an end all be all solution.

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How much is the minimum amount for a Japanese to open a private bank account in Dubai?

Minimum or maintaining bank balance depends really on the bank you would like to open and the type of banking services you would like to have (i.e. checking, savings, investments, time deposits, etc) rather than according to nationality (japanese, indians, pakistanis, etc.)

HSBC requires a maintaining balance of Dhs. 1000 while ME bank is Dhs. 2500. Dubai bank requires 0 balance and the same with Barclays. ABN-AMRO and Standard Chartered I think requires Dhs. 1000 maintaining balance.

Better – check their websites and find first hand.

Goodluck !

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