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Best Private Banking Options
I hear from one of my friend in Singapore that DBS support crypto cash out, but not sure about the level of support. But it seems Singapore is very ready for private banking and crypto- For Free
- Post #33
- Forum: Offshore Bank & EMI Accounts
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Most reliable EMI for Hong Kong
When customers pay to you, they must put beneficiary name "Currenxie - Your company", otherwise the fund will be returned. This may cause some problems if sending banks are strict with the contracts- For Free
- Post #10
- Forum: Offshore Bank & EMI Accounts
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Best Private Banking Options
@rowena. I think Singapore Banks are very open for wealth-management customers. Have you ever checked with 3 Singapore local banks? DBS, OCBC, UOB. Their ratings are quite good- For Free
- Post #25
- Forum: Offshore Bank & EMI Accounts
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Most reliable EMI for Hong Kong
Yes. 14 currencies in 1 HK account. The only weird thing is if you/customer want send money there, you must put "Currenxie - Company Name". However they support to open Euro account in European, USD account in US, GBP account in UK... Currency exchange only works in HongKong account- For Free
- Post #8
- Forum: Offshore Bank & EMI Accounts
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Most reliable EMI for Hong Kong
Currenxie is a good choice and reliable. They always check and approve your vendors prior any transaction, but once the vendors are approved, you will be fine to send money- For Free
- Post #6
- Forum: Offshore Bank & EMI Accounts
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What is your experience with Currenxie ?
They are ok and the system is still developing. They accept to open accounts for many jurisdictions but also have a long list of limited countries to send/receive money. They are best used for transactions with China, HongKong, Singapore, Taiwan, US, EU but not for a lot of developing countries...- For Free
- Post #2
- Forum: Offshore Bank & EMI Accounts
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TransferWise and Workable Jurisdictions
1. They will ask about your passport and country of residence (with supporting documents) 2. They will ask about your new business, what will you do and who are your customers, suppliers? (with supporting documents - certificates, contracts, letter of intention to do business, quotation from...- For Free
- Post #6
- Forum: Offshore Bank & EMI Accounts
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Bank for transit trading
Singaporian bank compliance is not too strict, it actually depends on some conditions like your passport, your current residence, business model, connection to Singapore etc. If you don't have Singapore customers but you have Singapore suppliers or any partner, then that's ok, you can give bank...- For Free
- Post #6
- Forum: Offshore Bank & EMI Accounts
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Bank for transit trading
You can go to Singapore banks, they are welcome HongKong companies and trading activities. If you have customers/suppliers from Singapore, then the process to open account is even easier- For Free
- Post #3
- Forum: Offshore Bank & EMI Accounts
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Business Bank Accounts for British Virgin Isle (BVI) Company
You can open at OCBC Singapore but the KYC is very strict now. 1. Your nationality matters (US, EU, Australia passports are very difficult) 2. You should have business somewhere else before opening your new BVI company 3. You must have good business relations with Singapore (proved by...- For Free
- Post #6
- Forum: Offshore Bank & EMI Accounts
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EMI account for a UAE business
Dear @BlueMist, does Moneycorp require Emirates ID and any prove of residence to open account for you? Also does it restrict to send/receive money to/from any country?- For Free
- Post #24
- Forum: Offshore Bank & EMI Accounts
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Most trusted Fintech EMI
Thank you. Actually, your experience helps us to understand well when doing transactions via EMIs. Not only TransferWise but to consider other EMIs also- For Free
- Post #5
- Forum: Offshore Bank & EMI Accounts
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Most trusted Fintech EMI
Hi @tomboy. Did you receive 6-figure amount of Euro? And did you often receive similar amount or was it a sudden incoming fund? I believe that if 6-figure amount but under 200k, it should not be any problem. But if it is 900k then it is very strange.- For Free
- Post #3
- Forum: Offshore Bank & EMI Accounts
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UAE companies - by far the cheapest jurisdiction to incorporate - Offshore Company in Ras Al Khaimah (RAK)
The regulations of RAK, Ajman and some cheap freezones are easy, mostly they collect money for renewal and leave you to do your own work. You can open bank accounts but very hard and need a lot of supporting documents to prove your business. Banks have data of many bad FZE, FZC from those...- For Free
- Post #8
- Forum: Offshore Company
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Which Reputable Banks Accept BVI LLCs in 2021?
With EU, Canadian, Australian passports, it is harder and harder to form good structure without reallocation. You need to move to low-tax country like UAE or form a complex structure (which costs you more). It is hard to say the best jurisdictions in 2021 since banks behave differently case by...- For Free
- Post #5
- Forum: Offshore Bank & EMI Accounts
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Keeping large amounts in Transferwise Account?
I keep up to 6-figure USD and EUR and run business smoothly without any problem. The risk is case-by-case and you always need to prepare supporting documents very well to answer questions if something happen. I'm not sure if Wise like/don't like Stripe or other EMIs, but sending/receiving...- For Free
- Post #4
- Forum: Offshore Bank & EMI Accounts
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Which Reputable Banks Accept BVI LLCs in 2021?
With your Canadian passport and BVI incorporation, Singaporian banks will never accept you. There is only rare exception for Singaporian banks to open account for BVI company: - Citizenship of non-CRS and low-risk countries - Domicile in China, Taiwan, HongKong or South East Asia with many...- For Free
- Post #3
- Forum: Offshore Bank & EMI Accounts
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Incorporation in Taiwan, anyone?
A partner of my customer, has offshore bank accounts in Taiwan with a representative office there (look like Taiwanese company), the real company is incorporated somewhere in Caribean. But I cannot obtain much information for forming that structure in Taiwan and we definitely need a local...- For Free
- Post #5
- Forum: Offshore Company
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NON-CRS SETUP: Dubai Company with FREE Residence Visa and Bank Accounts! - DLS Dubai
Thank you. Recently I'm not in UAE, so I will contact you when I can travel there- For Free
- Post #56
- Forum: Removed from the public forums
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NON-CRS SETUP: Dubai Company with FREE Residence Visa and Bank Accounts! - DLS Dubai
Dear @Fred. Do ADCB and ADIB open accounts for FZE with Flexi Desk? Do you have introducers from those banks? Thanks- For Free
- Post #53
- Forum: Removed from the public forums