Do Seba (now Amina) and FRICK banks onboard UAE residents?
- Thread starter PinkCat
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Bank Frick says on website the below so best to contact them and make your case.
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We provide services to legal entities and natural persons residing or registered in the European Economic Area (EEA) (consisting of the EU, Liechtenstein, Iceland and Norway), Switzerland, the United Kingdom, Hong Kong or Singapore.
Individuals and businesses domiciled in any other country can become clients in very exceptional cases. A prerequisite for this is that a business relationship must offer additional benefits to both the individual and the Bank.
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Looks possible due to that but best to ask as account opening requirements are a moving target everywhere.
P.S I did not notice they have opened representative offices across Asia and middle east. Looks to me that they looking at growth markets 😉.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
---- quote start
We provide services to legal entities and natural persons residing or registered in the European Economic Area (EEA) (consisting of the EU, Liechtenstein, Iceland and Norway), Switzerland, the United Kingdom, Hong Kong or Singapore.
Individuals and businesses domiciled in any other country can become clients in very exceptional cases. A prerequisite for this is that a business relationship must offer additional benefits to both the individual and the Bank.
------- quote end
Looks possible due to that but best to ask as account opening requirements are a moving target everywhere.
P.S I did not notice they have opened representative offices across Asia and middle east. Looks to me that they looking at growth markets 😉.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
Try it out and offer a 10M under custody of which they can chip a yearly 1% fee. They might bite 😉
Exactly, I have said it in the past and I am glad at at least Bank Frick is honest about. But he needs to play the game and ensure they can eat a bit off you comfortably. Otherwise at some point in future your account will show up on a report as unprofitable for the bank and they will boot you with little warning or reason...lol.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
Well... good luck. But I would not much believe in success in the case you are describing.
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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...
It is possible of course ”“ in general. I have just commented on Seba/Amina and Frick 🙂
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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...
Let's hope OP has 10M ! You may be desperate if you look at Bank Frick if you have 10M available, in that case, you should be able to walk into any bank of your choice and ask them to open an account ASAP!
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I had a phone call with a Bank Frick employee about a month ago and she told me that this year onboarding for UAE residents will be allowed again.
Unfortunately, I am not based in the UAE, so I have no further information on this.
I would say, call them from time to time and check out their website frequently for the update.
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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
https://cryptovalleyjournal.com/hot-topics/news/acquisition-of-amina-bank-the-rumor-mill-is-buzzing/
They say could be just rumors. But run now and ask questions later if you use them eek¤%&.
P.S This is always how it always starts before......kabooooom.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
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