I need an extra account for my Switzerland AG for banking?

[JimBeam]

We opened bank account for our UAE company couple years ago with them (CIM).

I remember they we had to deposit $10k and if they open the account - it's deposited into the account - if not they will return the funds.
This is great way for them to block all kind of small companies that don't have $10k funds.

Don't remember exact opening fees, maybe couple hundred, but their KYC was complex (especially for us as a foreign company) so we had to send them signed documents 4-5 times using DHL.
The procedure took 1-2 months or so.

 

[Forester]

EliasIT said:
Do you know if they have any setup / account opening fee?
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Nothing remarkable, IIRC. They wanted min. 10000 CHF initial deposit (if account is opened) and insisted on a company substance (an office & some employee, IIRC). But it was ~ 2 years ago, so worth re-checking.

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

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[EliasIT]

I will check with CIM Bank and if they are willing to open an account for us.

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If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.

 

[Marshal]

troubled soul said:
https://fiat24.com/
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Any feedback or reviews about Fiat24? Are they worth attention? Can't find much info about them.

 

[jafo]

Marshal said:
Any feedback or reviews about Fiat24? Are they worth attention? Can't find much info about them.
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Awesome! Especially for large amounts (>7 figures)!

 

[JackAlabama]

Marshal said:
Any feedback or reviews about Fiat24? Are they worth attention? Can't find much info about them.
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looked into it.

-
its overly shitcoiny which is a red flag for a boomer like me.
Low overall coverage.
The people involved on the company level are not really known (those who do appear on public filing at least).

+
they have own swift code
finma regulated as a bank (doesnt mean much bc they are highly incompetent) but at least the company gets stuff done and seems effective with the regulators.
the idea seems good tho (i do engage in shitcoins occasionally to not let my boomer mentality explode into the stratosphere).

 

[lory]

If someone find a good & valid bank please post here. In need of the same for my Swiss AG

 

[JackAlabama]

lory said:
If someone find a good & valid bank please post here. In need of the same for my Swiss AG
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why does your local agent not help you with this?
They should at least know someone at a bank ideally in the zone youve incorporated where you can try your luck as a plus you will get "introduced".

 

[JohnLocke]

JackAlabama said:
They should at least know someone at a bank ideally in the zone youve incorporated where you can try your luck as a plus you will get "introduced".
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Sometimes difficult if you have an agent that has no connection because he is hiding behind a screen.

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[Forester]

Marshal said:
Any feedback or reviews about Fiat24? Are they worth attention? Can't find much info about them.
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jafo said:
Awesome! Especially for large amounts (>7 figures)!
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Have you tested it personally?
Generally, they seem quite interesting...

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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...

 

[jafo]

Forester said:
Have you tested it personally?
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Yes.

 

[JackAlabama]

jafo said:
Yes.
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thats great to know. So they manage to operate without much scrutiny and scandal as of now.
Pls everyone here dont jinx it 😉

 

[Clearsky Network]

EliasIT said:
klarpay is also in the resource of mentor group gold. Does anyone has experience with them ?
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Klarpay is more like a bank than EMI. Great fees, crypto friendly. Its not suitable for every business as the onboarding stage is hard and very long. If the business is legit and you have patience for lengthy onboarding its by far the best solution.

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