Advice for Europeans. You should open an account in the United States as your hedge against European banking madness. Europeans can still open in the USA. Americans cannot open in Europe. This should be the best bet until 2020. Switzerland still has approved bail-ins. Canada is not altogether great either. In Britain, the currency is in a bear market and Cameron has lost his mind. So the best bet for now is a US bank account until the cycle reverses probably as we near 2020.