BAFIN in Germany / Jobcenter/Sozialamt/ Bundeszentralamt für Steuern

[DerAufklaerer]

Banks like Revolut need TAN ID Number for CRS/Facta.....Bankera have also from me

Icard and WISE and WIREX not until now

Crypto Exchanger FTX or Kraken or Kucoin also not until now. i prefer not EU Crypto Exchanger so i like FTX

Now my Problem:

IN GERMANY: BUNDESZENTRAL FÃœR STEUERN see my Accounts on Revolut/Bankera because TAN ID

NEXT Company in GERMANY: BAFIN. BAFIN SEE ALL MY GERMAN BANK ACCOUNTS. Its called KONTENABRUFVERFAHREN

Employment agency
Social welfare office (Jobcenter)
can doing a DATA Request to BAFIN to see all bank accounts (NOT EMI), but they can only see German Bank Accounts.


What is safe ?
Ledger Hardware Wallet
Money on Crypto Exchanger like FTX

This is good but Problem is Cashout/Wirthdraw to FIAT.


https://www.bafin.de/DE/Aufsicht/Ge...abrufverfahren/Kontenabrufverfahren_node.html

Bundeszentralamr für Steuern ist not BAFIN...My Problem is BAFIN to see my Money

I hope you unterstand me ? Thank you

Last edited: Sep 18, 2022

 

[ih8socialism]

What exactly is your question? lol

 

[Forester]

DerAufklaerer said:
I hope you unterstand me ?
Click to expand...

Unfortunately, maybe not completely/perfectly, I am afraid; your language is a little bit confusing for me 🙁. Nevertheless, quite generally: If you want your assets being invisible for any German institution, you must either not to hold it in cash (using crypto, gold, etc.) or have a bank account in non-AEOI/CRS country ”“ there are still some (discussions about these countries you can find in another threads). Account with any financial institution in AEOI/CRS country does not help, at least in the longer perspective (some EMIs do not report now, or pretend that do not report; but it is just a question of time).

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[DerAufklaerer]

I translate all with https://www.deepl.com/

Target is no Info to BAFIN, this company is danger for me because i get SOCIAL MONEY /month in Germany. So think now you understand me

BAR is not a option for me in my house

Crypto and Silver are good options for me but physical in my house.

Now i have 1k on Wirex, 1k on Bankera, Zero on Wise, Zero on Icard

On Youhodler i have BTC and StableCoins, but not much. This must also invisible (important).

I Germany for Social Money Conpany JOBCENTER i dont have more as 4000 EUR on German Bank Accounts.

Now i think Bankera is also not safe for me.

Yes i must prefer for future privacy

 

[RealDude]

You get ALG1, Hartz4 or social welfare?

 

[DerAufklaerer]

Yes in German called Hartz4 (§ SGB II)

 

[RealDude]

DerAufklaerer said:
Yes in German called Hartz4 (§ SGB II)
Click to expand...

Then you have to deal with the tax office and the social security office. You can assume that they will do their best to find your last pennies. how high is the Selbstbehalt with H4?

https://www.hartz4.org/selbstbehalt/

 

[DerAufklaerer]

150 EUR x years is the Selbstbehalt

They can controll data over BAFIN but only German Banks until now.

 

[Forester]

DerAufklaerer said:
I translate all with https://www.deepl.com/
Click to expand...

Unfortunately, it is just a machine 🙁

DerAufklaerer said:
Target is no Info to BAFIN, this company is danger for me because i get SOCIAL MONEY /month in Germany. So think now you understand me
Click to expand...

This is understandable.

DerAufklaerer said:
BAR is not a option for me in my house
Click to expand...

What do you mean by "BAR"?

DerAufklaerer said:
Crypto and Silver are good options for me but physical in my house.

Now i have 1k on Wirex, 1k on Bankera, Zero on Wise, Zero on Icard

On Youhodler i have BTC and StableCoins, but not much. This must also invisible (important).

I Germany for Social Money Conpany JOBCENTER i dont have more as 4000 EUR on German Bank Accounts.

Now i think Bankera is also not safe for me.

Yes i must prefer for future privacy
Click to expand...

Well... my advice:
1) Ask some English speaking, trustworthy person to help you with translation(s). FMPOV, a lot of your text is difficult to understand ”“ and vice versa, I am not sure how well you are getting what is written here.
2) Learn as much as you can about crypto.
3) Try to open a bank account in non-AEOI/CRS country, as a final solution. As you are mentioning above relatively small amounts of money, consider, as a temporary solution, opening an account with Dukascopy/Swissquote/Flowbank ”“ bank assets under 10000 CHF are not CRS-reported, according to Swiss laws.

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[DerAufklaerer]

Bargeld = Cash at home No Option for me. Crimnality in House/Streets

I Think i have a lot of know how about crypto. I have Ledger, and Exodus Software Wallets, StableCoins, I am not a NEWBIE in this.

bank assets under 10000 CHF are not CRS-reported, according to Swiss laws.
Click to expand...

Very interested info
Yes my portfolio now is unter 10.000 EUR

I read about this copanys but i have not more interested in because on ALL i see FACTA/CRS in text

But i have EUR So i must exchanfe to CHF right ? But this is not a problem.

Account with Weblogin were nice not only Smartphone.

Preise: keine versteckten Kosten und glasklare Preise | Yuh
is a free Smartphone Banking from Swissquote with SEPA Options but they will the TAX Number also. Its also from Swissquote.

Dukascopy/Swissquote/Flowbank
Crypto Friendly ?

If works then i cancel all my money on EMI to zero balances.

Thank you

On Flowbank i see

For future readers: Flowbank refused to offer their services to me after telling them I will only use the account for transfers to and from crypto exchanges. If you plan on using it as a bank account think twice.

Last edited: Sep 18, 2022

 

[Forester]

DerAufklaerer said:
Bargeld = Cash at home No Option for me. Crimnality in House/Streets
Click to expand...

Oh well. I understand, of course.

DerAufklaerer said:
I Think i have a lot of know how about crypto. I have Ledger, and Exodus Software Wallets, StableCoins, I am not a NEWBIE in this.
Click to expand...

(So why you are asking what is safe? 😉 )

DerAufklaerer said:
Yes my portfolio now is unter 10.000 EUR
Click to expand...

Note that you can have an account with every of these banks and for every account the 10000 limit is applied.

DerAufklaerer said:
But i have EUR So i must exchanfe to CHF right ? But this is not a problem.
Click to expand...

IIRC, you can have EUR on the accounts with these banks. (Let's put aside that IMO is better to have reserve assets in CHF than in EUR.)

DerAufklaerer said:
Preise: keine versteckten Kosten und glasklare Preise | Yuh
is a free Smartphone Banking from Swissquote with SEPA Options but they will the TAX Number also. Its also from Swissquote.
Click to expand...

Sorry, I do not understand.

DerAufklaerer said:
Dukascopy/Swissquote/Flowbank
Crypto Friendly ?
Click to expand...

Dukascopy/Swissquote yes, for Flowbank I am not sure, worth checking.

DerAufklaerer said:
Thank you
Click to expand...

You are welcome.

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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...

 

[DerAufklaerer]

Ok theyall have a lot of products
But for me its Called:

Multi-Währungs-Konto​

Ok i will check for prices

And i i get money cashout ? I Think i will need a EMI more for Visa/Mastercard ?

[quote[Note that you can have an account with every of these banks and for every account the 10000 limit is applied.[/quote]

Can you tell me if Crypto Balances is in the Limit
or only Cureencys like EUR

I have open a swissquote account this evening now i doing a first payment to CH

Last edited: Sep 18, 2022

 

[Forester]

DerAufklaerer said:
And i i get money cashout ? I Think i will need a EMI more for Visa/Mastercard ?
Click to expand...

Dukascopy offers cards for EU residents, I do not remember about Swissquote (and Flowbank) ”“ check this.
Be aware that at the moment when you open a card account with any EMI under some AEOI/CRS country jurisdiction, you are exposed to a reporting.

DerAufklaerer said:

Note that you can have an account with every of these banks and for every account the 10000 limit is applied.
Click to expand...

Can you tell me if Crypto Balances is in the Limit

or only Cureencys like EUR
Click to expand...

This limit is for all assets that you have at the bank, IIRC. So if the bank maintains a crypto wallet for you, it will be included.

DerAufklaerer said:
I have open a swissquote account this evening now i doing a first payment to CH
Click to expand...

Congratulations 🙂. So I deduce that everything went very smooth, correct? You just registered and performed some video identification? (In your case, was it sufficient to use just a PC or you needed to use smartphone?)

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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...

 

[DerAufklaerer]

I need a Smartphone. I see tomorrow if they accept it i Transfer 100 EUR from my local german Bank to this

I see that Seissquote have also cards in it

https://de.swissquote.com/credit-solutions/payment-cards/multi-currency-credit-card/compare
= HIGH FEES. So any EMI is cheaper

I have a lot of EMIS now, WISE,Bankera, Wirex, Icard


For Swissquote is not good doing like a bank account to 3.partys to i thni i neeed a emi where i send money from Swissquote for Cashout or doing SEPA Transfers.

Do you understand me ? Not much money holding on EMI

But it's not possible without EMI.

Now only BANKERA have my TAX ID (+Swissquote)

 

[Forester]

DerAufklaerer said:
I need a Smartphone.
Click to expand...

I expected it. I think only with Flowbank an account can be opened without smartphone.

DerAufklaerer said:
I see tomorrow if they accept it i Transfer 100 EUR from my local german Bank to this
Click to expand...

Why not to accept?

DerAufklaerer said:
= HIGH FEES. So any EMI is cheaper
Click to expand...

Remember that it is an institution with the Swiss banking licence. It means something and it costs something.

DerAufklaerer said:
I have a lot of EMIS now, WISE,Bankera, Wirex, Icard
Click to expand...

I do not know Wirex, but personally I would not trust neither Wise nor Bankera nor Icard. (Nevertheless, in your case Wise might work.)

DerAufklaerer said:
For Swissquote is not good doing like a bank account to 3.partys to
Click to expand...

It is not the primary purpose that SQ is designed for (it is designed as a trading platform). But AFAIK, in decent amounts (your case) and with a decent frequency it is pretty possible.

DerAufklaerer said:
i thni i neeed a emi where i send money from Swissquote for Cashout or doing SEPA Transfers.
Click to expand...

You do not need an EMI. Dukascopy is designed as a standard bank. No problems with payments to/from 3rd parties in general.

DerAufklaerer said:
Do you understand me ?
Click to expand...

Perhaps yes, see above.

DerAufklaerer said:
Not much money holding on EMI
Click to expand...

The amount is not important. (A reporting is not amount-related, except CH. AFAIK.)

DerAufklaerer said:
But it's not possible without EMI.
Click to expand...

See above.

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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...

 

[DerAufklaerer]

I prefer WISE for Swissquote

Now Zero Belance

And when i all tranfer to Swiss after Zero Balance on Wirex and Bankera and then they not reported because ZERO Balance ? Or i must close full the accounts by support ?

https://www.dukascopy.bank/swiss/fees-limits/#dukascopy-card
This card had smaller fees as swissquote

SO i can tranfer money from the swiss accounts together. with a card of them i think i need no EMI anymore?

Last edited: Sep 18, 2022

 

[Forester]

DerAufklaerer said:
I prefer WISE for Swissquote
Click to expand...

Well, in your case Wise might work, as I have said. If you really like them 😉

DerAufklaerer said:
And when i all tranfer to Swiss after Zero Balance on Wirex and Bankera and then they not reported because ZERO Balance ?
Click to expand...

They will report zero balance. That's all.

DerAufklaerer said:
Or i must close full the accounts by support ?
Click to expand...

Of course, if you close accounts, they will report nothing 😉

DerAufklaerer said:
https://www.dukascopy.bank/swiss/fees-limits/#dukascopy-card
This card had smaller fees as swissquote

SO i can tranfer money from the swiss accounts together. with a card of them i think i need no EMI anymore?
Click to expand...

Exactly.
BTW, you have claimed above that “any EMI is cheaper” (than Swissquote). It is not generally valid. Check e.g. Sogexia or Biderlings and you will see 😉

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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...

 

[DerAufklaerer]

On all EMI in this Threat have i have linked with VISA/MC Cards.

I think FIRST i make all zero balances (not Close). I think its safe.


I have not a problem for small fees but its CH and its more safer as Lithuan EMI like Bankera or Wirex




Ok. Now Waiting of activation for Swiss.

Ok Dukascopy i must doing a Video Call with Operator
Done also now

Last edited: Sep 19, 2022

 

[Forester]

DerAufklaerer said:
I think FIRST i make all zero balances (not Close). I think its safe.
Click to expand...

In your case, probably yes.

DerAufklaerer said:
its CH and its more safer as Lithuan EMI like Bankera or Wirex
Click to expand...

Definitely.

DerAufklaerer said:
Ok Dukascopy i must doing a Video Call with Operator
Click to expand...

Yes, it is so with them.

DerAufklaerer said:
Done also now
Click to expand...

Great 🙂

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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...

 

[Spinat]

DerAufklaerer said:
Ledger Hardware Wallet
Click to expand...

That will be safe, no one can see the data on such wallet.

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