Banking solution for an existing IBC Seychelles

Status
Not open for further replies.
E

EricVN

New Member
Jan 26, 2018
74
0
161
Hello,
I have an IBC Seychelles company with banking in Europacific.
Scope Consulting.

I am looking for a new banking solution as I am facing some pbs to withdraw large amount of money.

Please let me know if any of you have reliable solution in a secure country.

Thanks a lot

Nb : i can travel anywhere in Asia
 
Euro Pacific seems to be a scam, they away from them. You can find great alternatives on this list List of Banks, EMI's, Payment processors and BTC to FIAT institutions. for instant mister tango could be an option.

Toggle signature
NOTE ADD BY ADMIN!!

This account has turned into a ROBOT account because it has lots of useful threads and posts. It is a locked account with no access by any human, means you won't get any answers.

!! Advertising !!
!! Total Privacy and Anonymity - Mentor Group !! || !! My Private List of Trusted Service Providers !!
 
@James Turner please do not hesitate to share some if you have ideas

@darkster, i use EPC since few years...nothing real wrong but now, many of my customer don't want to use this bank, and i have some problems to withdraw money (approx. 50k $ / month)

I found one agent in Asia, who propose to open an HSBC account in Singapore for my Seychelles Company. Total HSBC fees / Year will be around 4k$!! ...

so always open to any good advice!

tks
 
EricVN said:
EricVN said:
I have an IBC Seychelles company with banking in Europacific.
Scope Consulting.

I am looking for a new banking solution as I am facing some pbs to withdraw large amount of money.
Click to expand...
Click to expand...

Best decision you will ever make to move away from EPB.

EricVN said:
EricVN said:
i use EPC since few years...nothing real wrong but now, many of my customer don't want to use this bank, and i have some problems to withdraw money (approx. 50k $ / month)
Click to expand...
Click to expand...

What exactly is the issue so the same problem is not repeated at another bank? Does EPB the claimed 100% reserve bank stall outgoing payments with various compliance excuses? Is it not strange that a bank that claims to make its money of wire and monthly fees does not like doing outbound wires. Is CEO buying yachts and houses with client money...who knows.

Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
EricVN said:
EricVN said:
@James Turner please do not hesitate to share some if you have ideas

@darkster, i use EPC since few years...nothing real wrong but now, many of my customer don't want to use this bank, and i have some problems to withdraw money (approx. 50k $ / month)

I found one agent in Asia, who propose to open an HSBC account in Singapore for my Seychelles Company. Total HSBC fees / Year will be around 4k$!! ...

so always open to any good advice!

tks
Click to expand...
Click to expand...
I would suggest Mauritius or there are some Seychelles banking options open to you.

I would be extremely surprised if a HSBC Singapore Account could actually be opened for a Seychelles Company, regardless of the fee's I do not believe it will happen.

Toggle signature

 
Martin Everson said:
Martin Everson said:
Best decision you will ever make to move away from EPB.



What exactly is the issue so the same problem is not repeated at another bank? Does EPB the claimed 100% reserve bank stall outgoing payments with various compliance excuses? Is it not strange that a bank that claims to make its money of wire and monthly fees does not like doing outbound wires. Is CEO buying yachts and houses with client money...who knows.
Click to expand...
Click to expand...
The issue with EPB is over-compliance. They want to check absolutely everything in so much detail that it becomes almost impossible to work with them. The documentary requirements relating to transactions can be laughable at times and in some cases impossible to supply.

Toggle signature

 
James Turner said:
James Turner said:
The issue with EPB is over-compliance. They want to check absolutely everything in so much detail that it becomes almost impossible to work with them. The documentary requirements relating to transactions can be laughable at times and in some cases impossible to supply.
Click to expand...
Click to expand...

Ok I see.

The problem with EPB is they are not driving the compliance requirements. The correspondence banks they use - predominately RBS (Natwest) in UK is requesting this information. The correspondence bank actually gets given all the information you provide if a payment you receive or make gets spot checked by the correspondence bank. Any failure of the spot check could end the correspondence banking relationship as it did in the past.

Also the information gathered by correspondence banks is shared with foreign agencies via local agencies etc. As 99% of EPB clients are criminals or tax evaders this is a big problem. So keep in mind all the documents you supply on a payment are in third-party hands outside the bank. If you don't believe me then ask them directly.....lol.

Anyway I digress a little. My prediction I made earlier that EPB will run into trouble this year I stick with as business model makes no sense in 2019.

Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
Other than some of the higher-risk EMIs (MisterTango, SatchelPay, Payment Execution), you probably won't find any banks willing to take you on without an introducer. Easiest is to go back to whomever formed the Seychelles company for you and discuss opening a new bank account.

Failing that, consider the ins and outs of forming a new company in a more reputable jurisdiction with a corporate service provider with a better network of banking partners.

Toggle signature
This is the probably the answer to your question.
 
Why not use an EMI like Mister Tango or similar?

Toggle signature
Specialized in advisory service for tailor made Offshore setups with banking and payment processing. Privacy and Anonymity is my priority.
Contact
 
I forgot but if you search the forum some people have had success opening an EMI account with Transferwise for Seychelles companies. Might be an option if you don't plan on using USD.

Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
Banking or EMI options exist for Seychelles Companies but you will have limited options and if the activity of the company is also considered high risk or hard to place then this will further limit your options. As @Sols suggests you may want to consider creating a company in a more reputable location which opens up additional banking options to you.

Toggle signature

 
Some Singapor banks will welcome to Seychelles with 30K USD daily balance.
Google it for find some agents there
 
Mauritius,Singpore,Cyprus,they all accept IBC Seychelles.But why you insist on operating with an Seychelles?
If for CRS,lots of easy choices thant that.
 
EricVN said:
EricVN said:
There is really no solution for banking a Seychelles company in HK, Singapore ..?
Click to expand...
Click to expand...
It's possible in HK, but clean directors/share holders, big deposit, credible business plan and contact with private banker that he would ask you to purchase some financial products before start the reviewing process

Toggle signature
Expat in Hong Kong - There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt. - John Adams
 
Martin Everson said:
Martin Everson said:
I forgot but if you search the forum some people have had success opening an EMI account with Transferwise for Seychelles companies. Might be an option if you don't plan on using USD.
Click to expand...
Click to expand...
You can easely open a TW account for a Seychelles, Belize, Cyprus, UK and local company it's not a problem. TW is really a game changer for people wiht no chances to get a bank account but still have a legit business!
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

Forums

User Menu

Login
Community platform by JohnnyDoe © 2025 JohnnyDoe
  • Width
  • Queries
    10
  • Time
    0.7693s
  • Memory
    14.09MB
Top Bottom