Private bank options for crypto source of wealth (8 figs)
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For this purpose you need 1-2 private banks.
1st one is Bank Frick︄
2nd one is any of the following: Turicum (GBZ), Maerki Baumann (CH)
You can use︅ Bank Frick as a proxy for withdrawals from Kraken and then send the funds anywhere︆ you want. For investments it's fine, never had a problem with a transfer. For real︇ estate - some AML fascist EU countries where you want to buy real estate prefer︈ you to wire the funds from your country of residence. So create a proper setup︉ like Gibraltar CAT2+Turicum bank and go shopping from there.
If they decline you with account︊ opening this means your docs are not in order (for 8 figs they have to︋ be, it's the only option).
1st one is Bank Frick︄
2nd one is any of the following: Turicum (GBZ), Maerki Baumann (CH)
You can use︅ Bank Frick as a proxy for withdrawals from Kraken and then send the funds anywhere︆ you want. For investments it's fine, never had a problem with a transfer. For real︇ estate - some AML fascist EU countries where you want to buy real estate prefer︈ you to wire the funds from your country of residence. So create a proper setup︉ like Gibraltar CAT2+Turicum bank and go shopping from there.
If they decline you with account︊ opening this means your docs are not in order (for 8 figs they have to︋ be, it's the only option).
Hi. I had︇ a similar situation (and similar experience indeed). Care to elaborate a bit on your situation︈ (source of funds, your country of passport / residence) and share some names of banks︉ / useful details?
The suggestions above are good, those are the most crypto-friendly banks, but︊ in my experience it's a bit more difficult than just choosing a crypto-friendly bank.
The suggestions above are good, those are the most crypto-friendly banks, but︊ in my experience it's a bit more difficult than just choosing a crypto-friendly bank.
I repeat my advice you need a top tier introducer then it works. Private Banks are super scared if someone just calls and writes.
you seem to not understand. If you have an introducer connected to the respective CEO it works totally different.
Believe me I know them all (not Turicum) so I know what I am talking about.
Believe me I know them all (not Turicum) so I know what I am talking about.
I get I get it. What you don't understand is that you either have it from the start or you don't.
When you don't have it you don't chase an introducer who knows an introducer who will introduce you to the CEO or whoever because this is irrelevant.
You just walk in, provide what they ask you to provide and you're set. Then the SEPA︀ transfer hours are same for all clients.
When you don't have it you don't chase an introducer who knows an introducer who will introduce you to the CEO or whoever because this is irrelevant.
You just walk in, provide what they ask you to provide and you're set. Then the SEPA︀ transfer hours are same for all clients.
Crypto SoF + offshore , so I imagine not the easiest for compliance. But also no dirty stuff / pep / criminal or whatever
Yet it never ceases to amaze me how private bankers make face when seeing︀ offshore (even respectable offshore) stuff. Well duh, if I were in a high tax country,︁ I wouldn't probably be in your office offering a large deposit...
Yet it never ceases to amaze me how private bankers make face when seeing︀ offshore (even respectable offshore) stuff. Well duh, if I were in a high tax country,︁ I wouldn't probably be in your office offering a large deposit...
OTC, and then speak to them about their recommended banking partners, if you have a sizeable amount you will be offered a liquidity opportunity, and of-course banking.
I mean "I'm German, moved to Bahamas in 2010 (here is my residency permit and utility bill from that time), bought BTC in 2012 (here is the receipt and bank statement), I worked as a software︀ developer then (here is salary slip and bank statement), that coins never moved to other︁ address, want to sell" is easy. Mt. Pelerin should work I guess. Another one which︂ should work is alt.co | Digital Assets Compliance & Cash-Out Expertise
If it's not that︃ easy for you, your situation is probably different. Then depending on details there may be︄ different options.
What's your case? Being North Korean? Trading DeFi for years without keeping any︅ records and ending with basically no SoF for where from are the coins? Launching ICO︆ via Panama enity ignoring all securities-KYC-etc regulations?
If it's not that︃ easy for you, your situation is probably different. Then depending on details there may be︄ different options.
What's your case? Being North Korean? Trading DeFi for years without keeping any︅ records and ending with basically no SoF for where from are the coins? Launching ICO︆ via Panama enity ignoring all securities-KYC-etc regulations?
Take proper ones like Zerocap Zerocap - Zero friction, borderless finance or Amber Amber Group: Premium Digital Wealth Management or Base58 Switzerland Trading and several others with skin in the game and bespoke customer service
Or exchange OTCs like https://www.kraken.com/institutions/otc
But negotiate the fees down as the bigger size you trade, the better bps you get
Got also experience with other OTC desks -- every desk has its pros/cons
Be vary of bank OTC desks as they often charge way higher exchange rates
Or exchange OTCs like https://www.kraken.com/institutions/otc
But negotiate the fees down as the bigger size you trade, the better bps you get
Got also experience with other OTC desks -- every desk has its pros/cons
Be vary of bank OTC desks as they often charge way higher exchange rates
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