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Euro Pacific Bank Ltd
Agree but these rates are pretty common when using an offshore bank, so it is always best to not transfer a bunch of small amounts. With regards to your question - no, I don't use the account for day to day banking, just parking the money there as an emergency fund.- thegazelle
- Post #32
- Forum: Offshore Bank & EMI Accounts
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Euro Pacific Bank Ltd
Hmmm..that's weird...I have never sent a wire OUT OF EPB, but the incoming wires INTO EPB incurs similar fees... 45.00 is my bank's wire fee 23.00 is the intermediary fee (goes through the UK bank) 18.00 is the EPB incoming wire fee Total fees is 86.00, 68.00 of which is outside EPB.- thegazelle
- Post #30
- Forum: Offshore Bank & EMI Accounts
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Euro Pacific Bank Ltd
I personally haven't, since I don't have a USD account - but when I talked with my EPB personal banker last week I did ask him about that out of curiosity and he said at this point everything is processing well with the Portuguese bank- thegazelle
- Post #28
- Forum: Offshore Bank & EMI Accounts
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Euro Pacific Bank Ltd
You can trade stocks from all the global exchanges.- thegazelle
- Post #26
- Forum: Offshore Bank & EMI Accounts
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Euro Pacific Bank Ltd
Well, you can look at it from this perspective. They are following compliance procedures and doing their due diligence, weeding out potentially illegal or unscrupulous customers. I would rather subject myself to this rather than have a process which lends itself friendly to potential illegal...- thegazelle
- Post #24
- Forum: Offshore Bank & EMI Accounts
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Euro Pacific Bank Ltd
Hi Everyone, I can tell you as a recent new customer how the process was. You need a notorized passport and notorized utility bill. You need an employment reference letter from your employer with details such as your start date, how you are employed, salary, etc. For banks, you need a statement...- thegazelle
- Post #19
- Forum: Offshore Bank & EMI Accounts