[manvi]

I’ve heard some EMIs are just tech shells without real banking protections. How safe is it to store six figures or more in one of these? Should I be diversifying between institutions?

[eilidh]

You’re absolutely right to be cautious. Some EMIs don’t offer deposit insurance or proper banking licenses. That doesn’t mean they’re unsafe, but you should never store too much in one place unless it’s a regulated institution. To evaluate real-world safety, user feedback on Offshore Banking is super useful. There are in-depth discussions on which EMIs are stable, which have frozen accounts, and which offer multi-user logins or insurance-like protections.

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