I just opened a corporate bank account in Dubai, and I want to deposit a sum of money in the account, cash. Is this dangerous for the account, or do I need to prove the source of the money?
Cash deposit in a corporate bank account
- Thread starter Ucfelaz
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You will have to disclose source of funds. Discuss with your banker in general terms and ask what they would require before you go ahead.
I have a bank transfer receipt as a labors salaries even i dont have a labor in my company yet. Is there a problem with that.
They will ask questions. The type of questions and the degree to which they care about the answers depends on the business itself as well as the size and currency of the deposit.
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This is the probably the answer to your question.
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This is the probably the answer to your question.
My company provides marketing services, and the amount exceeds one million dollars, divided into monthly payments, through a bank transfer from a company account in Turkey.
Last edited: May 21, 2023
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