Good offshore bank for US check cashing

[Mani]

Hi, I have a US mailbox which sometimes receives chcek payments. The mail handler can take care of check deposit by mail so long as I provide the bank's "bank by mail" mailing address.

What are some reputable offshore banks for this? I have to have the account in my personal name, not a business name.

 

[Milky Moon]

offshore = non us = steep fees for us check deposits +long wait before deposit clears.

get a us bank account, deposit local (or by scan), move money out, pay irs 😉

 

[fshore]

Milky Moon said:
pay irs 😉
Click to expand...

Using a US bank account does not generate any tax responsibility in the US.

 

[Mani]

Milky Moon said:
offshore = non us = steep fees for us check deposits +long wait before deposit clears.

get a us bank account, deposit local (or by scan), move money out, pay irs 😉
Click to expand...

I am okay with a modest fee for depositing into a non-US account. The wait isn't that important unless we are talking over a month.

 

[Milky Moon]

fshore said:
Using a US bank account does not generate any tax responsibility in the US.
Click to expand...

Wel receiving interest does, as does receiving funds from 3rd parties.

 

[fshore]

Milky Moon said:
Wel receiving interest does, as does receiving funds from 3rd parties.
Click to expand...

It doesn't matter where the bank account is!

Also receiving funds from 3rd party doesn't necessarily generate any tax. Only if those are royalties or us source income.

 

[nickyboy2018]

fshore, any update? have u found a solution? I am looking for similar

 

[Milky Moon]

fshore said:
It doesn't matter where the bank account is!

Also receiving funds from 3rd party doesn't necessarily generate any tax. Only if those are royalties or us source income.
Click to expand...

chcek payments = us source income.

 

[fshore]

Milky Moon said:
chcek payments = us source income.
Click to expand...

That is absolute nonsense! You really don't know what you're talking about.
And even it the check was US source income, it wouldn't change a thing to deposit it into an offshore account.

 

[Milky Moon]

fshore said:
That is absolute nonsense! You really don't know what you're talking about.
And even it the check was US source income, it wouldn't change a thing to deposit it into an offshore account.
Click to expand...

Not talking about offshore, talking about a US bank account.

 

[fshore]

Milky Moon said:
Not talking about offshore, talking about a US bank account.
Click to expand...

So am I.

 

[niggashit]

Citibank Branches can cashout US Checks. You could try SVB from atlas which also provides Check deposit by mail

 

[nickyboy2018]

niggashit, is what u suggest is for offshore entities? really? usd check deposits for an offshore ibc?

 

[nickyboy2018]

niggashit, is what u suggest is for offshore entities? really? usd check deposits for an offshore ibc? TBH, I just want to find a bank willing to accept a BVI IBC and accept usd cashier check depsoits........................any ideas?