Lots of people are wondering how they can keep money safe during the COVID-19 crisis. And it makes sense. Governments and banks around the world are facing massive uncertainty right now. Fear and panic are everywhere thanks to COVID-19 and what this could mean for countries, economies, and people.
Needless to say, these are unprecedented times. But that doesn’t mean we’re all helpless. And it certainly doesn’t mean we need to sit idle with our heads in the sand.
To that end, our team has put together several strategies on how you can protect your money and make sure you’re always in a position of strength – no matter if you experience a blocked account or closed account.
In times of crisis, having access to your money is critical. But, being in a position to take advantage of opportunities is equally important.
So, let’s focus on what you should be doing during a crisis to better position yourself for banking success.
Unlike other crises in history, we’re living in a more globalized, tech-savvy world with access to more information and data than ever before. This presents unique opportunities that we can use to help keep money safe during the COVID-19 crisis, which we’ll outline below.
We’ll also be giving away several free reports, which you will be able to access in the sections below.
Check the Health of Your Bank Accounts to Keep Your Money Safe During the COVID-19 Crisis
Given the economic hardships that we can expect and the possibility of a future recession, now is a great time to make sure your money is safe and secure at your current bank.
To do this, you need to know how to determine if your bank is safe. Which question to ask, which numbers to check, and how to identify red-flags and bullshit that increase the risk of a bank going under.
We’ve detailed these steps for you in the past, but in order to make the process as simple as possible, our team has put together a free guide that will help you determine if your money is safe during a recession. This will be especially helpful for anyone worried about how to protect their money safe during the COVID-19 crisis.
If you’re interested in learning whether your bank is safe, we highly recommend downloading your free copy of Recession-Proof Bank Accounts.
This report is 100% FREE and if you care about whether your money is safe or not, you should grab a copy now…
Diversify Across Multiple Bank Accounts to Keep Your Money Safe During the COVID-19 Crisis
In any crisis, the ideal scenario is to have multiple bank accounts spread in multiple countries. This way, if one bank is slapped with restrictions, withdrawal limits, has a government collapse, or their online banking implodes – you’ll still always be able to access your money via your other backup accounts. And the same is true when trying to keep your money safe during the COVID-19 crisis.
The goal here is to maximize options and flexibility. And, in this case, that means having backup bank accounts – so you can be ready for anything.
Doing this requires some digging, but it can mean the difference between losing your savings to protecting and growing your net worth. So, in our eyes, it’s a no brainer.
Want help finding the best and safest banks?
Simply sign up to GlobalBanks Insider and our team of analysts will help you find the best banks for your situation. To open accounts and get in touch with the best banks and bankers, you can use the detailed intelligence reports published just for GlobalBanks Insiders.
But, if you prefer to go through the process yourself, we’re still here to help. You can get started by downloading your copy of the Ultimate Guide to Offshore Banking, which walks you through the entire process of finding and opening the best accounts.
Grab your free copy of the Ultimate Guide to Offshore Banking here and start opening the safest offshore accounts now…
Position Yourself for Opportunities
While many people are concerned with how to keep their money safe during the COVID-19 crisis, others are more opportunistic. For anyone with extra cash who wants to take advantage of opportunities during the turmoil, it’s time to start planning if you haven’t already.
You need to identify what you’ll want to buy or invest in, know which platforms will give you access to those assets, and set up the necessary brokerage accounts to tap into those markets.
And if you’re living an international lifestyle, you will probably need to open international bank accounts to connect to your online brokerage in certain countries. This will reduce expensive transfer fees and remove barriers to moving money into and out of bank accounts.
This way, when opportunities arise, you’re all set up and just have to pull the trigger.
We will be sharing the most optimal international brokerage and bank account setups in an upcoming report for GlobalBanks Insiders in the coming months.
Sharpen Your Banking Skills to Keep Your Money Safe During the COVID-19 Crisis
You have undoubtedly heard of people using this downtime to educate themselves. This probably includes a wide range of topics, some useful and others less so. Hopefully, some of that education is being directed at how to best position themselves financially in the coming months.
Given the looming economic uncertainty that will likely continue into the coming months, we can expect there to be a lot of negative pressure on banks. That means questions will increase and worry about how to keep money safe during the COVID-19 crisis will continue.
But, if you follow the steps outlined in the free reports offered above, you will be in a position to not only survive but also thrive in the months ahead.
To that end, we’re offering you another free report that tears apart the secrets and lies that offshore service providers (and even bankers) will tell you, making account opening more expensive and painful than it should be.
By reading this report and using the steps outlined in the previous two reports, you’ll be able to start navigating the banking world.
If you’re interested in learning the best-kept secrets and lies of the banking world, we highly recommend downloading your free copy of Offshore Banking Secrets & Lies.
This report is 100% FREE and will save you thousands of dollars…
Important: Prepare For Future Opportunities
Instead of worrying about keeping your money safe during the COVID-19 crisis, you should use the time to prepare. Whether you’re under quarantine or simply staying inside because of the pandemic, is being proactive and preparing for future opportunities.
When it comes to banking, that means aligning your banking goals with your financial and life goals. But depending on who you are, that could mean many different things.
For instance, if you currently bank in Eastern Europe, you might be looking for safe transactional bank accounts. And you’re likely looking for banking jurisdictions that are accessible and trustworthy.
If you have an online business, you might be looking for ways to reduce your costs. This might include accessing cheaper payment processors.
And if you’re a non-US resident, you might be looking for ways to access US stock markets. Ideally, you’d probably like to do so without creating a US tax liability.
Whatever the case is for you, the fact is that there are hundreds of opportunities for you to decrease costs, increase safety, and take advantage of new opportunities to make money and benefit from banking around the world.
And that’s exactly what our team is focused on. We help you identify and then take advantage of opportunities in the banking sector. And we help you do this in the fastest, most cost-effective way possible.
If you’re ready to take action and start opening international accounts now, you can access GlobalBanks IQ, our dedicated international banking intelligence platform.
GlobalBanks IQ gives you everything you need to start finding and opening accounts for you or your business today.
When you join GlobalBanks IQ, you immediately unlock the GlobalBanks Database of international banks — home to 250+ banks in 50+ countries.
And, you get access to our library of premium (members-only) reports, including proven account opening strategies, country-specific banking options, and lists of banks for specific client types.
Plus, you unlock our account opening checklists, dedicated account opening alerts, and much more.
To get started, click here to see if GlobalBanks IQ is the right choice for you to start accessing the benefits of international banking today.