If banks are insured so they have to pay you your money..?

Question

why the problem with so many banks, and will people get wise and put their money in banks in the Cayman islands, or Zurich maybe?

Answer 1

I think your money is safe if you put in those blue circle city banks. No don't put your money in banks in the caymen Islands, or Zurich, there is a lot of hassle for you to repatriate your money bank if you needed it.