Need bank account for crypto-currency trading

[arjunking]

I trade crypto-currencies in multiple exchange. And on a daily basis there are trasnfers of $50-100k. I plan to increase these.
Currently I have been using MT
But based on reviews from other people , I believe I should open an account with proper bank. I am thinking of Fidor (Uk or Germany). Does anyone have experience in opening a bank account with them? Or would you recommend some other bank.
I am open to idea of setting up a new corp in these countries if it helps me in opening up a bank account. ( I am not an EEA resident)
Tax-savings is not a priority at the moment.

 

[devnull]

I thought Fidor only allows UK or german citizen resided in UK or germany. Last time, i tried their service and it says, i have to be in Germany.

 

[arjunking]

devnull said:
I thought Fidor only allows UK or german citizen resided in UK or germany. Last time, i tried their service and it says, i have to be in Germany.
Click to expand...

I thought they allowed companies registered in their respective countries. I didn't know that the director needs to be a resident of those countries as well. Are you sure about that? Can you suggest any other bank?

 

[devnull]

Yes, i tried registiered at Fidor.

So i ended using Revolut.com Business / Personal in MT, im happy with it.

 

[Volex]

arjunking said:
I trade crypto-currencies in multiple exchange. And on a daily basis there are trasnfers of $50-100k. I plan to increase these.
Currently I have been using MT
But based on reviews from other people , I believe I should open an account with proper bank. I am thinking of Fidor (Uk or Germany). Does anyone have experience in opening a bank account with them? Or would you recommend some other bank.
I am open to idea of setting up a new corp in these countries if it helps me in opening up a bank account. ( I am not an EEA resident)
Tax-savings is not a priority at the moment.
Click to expand...

Only EEA resident can open Fidor bank account.

 

[extremedox101]

i recently read about lhv but i don't know if this good bank or not , advcash have account with them.

 

[arjunking]

extremedox101 said:
i recently read about lhv but i don't know if this good bank or not , advcash have account with them.
Click to expand...

Read it on the forum that they aren't supporting new crypto-currency businesses