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IBC. I highly recommend to avoid them, though I will be posting a list soon of Belize IBC friendly receptacles. I suspect a Belize IBC certificate will be toilet paper in five years.

Bitfinex. I was kicked out about a year ago. I wasn't given a reason, but it might have been due to logging in with a Russian IP address. I had had an account since 2015 with a decent amount in there. I never did the KYC and never heard anything from them. They asked for a bunch of documents...

Are there any more recommendations for UAE-based bank accounts for UAE freezone (onshores) companies? It doesn't seem like ebury is a good long-term choice. I have read a lot on Reddit that people set up a freezone company and then spend weeks or more getting laughed out of banks. One...

From the sound of things they are cleaning up shop. There are a lot of people saying their accounts were closed for little reason. Mine was closed, despite having an easily outline-able legitimate business. I have even Had The Federal Reserve as a client. But they kicked me out due to having a...

I have one for Belize, which means Seycehlles should be good.

I am doing a lot of reading at the moment, but from what I am reading here it seems it those who incorporate outside Dubai, wish they had paid a little extra for a Dubai setup. The main one that has caught my interest is Meydan Free Zone. Though I don't understand if I fit the criteria. I have...

I am researching the following: - setting up a Dubai free zone company, with visa and Emirates ID - setting up a corporate bank account for the above entity - purchasing an apartment or home in Dubai Before I would make the last step I would like to get a personal bank account in The UAE. Does...

Here is my experience from another thread: There are many threads for AdvCash you can consult for further experiences: https://www.offshorecorptalk.com/search/434913/?q=advcash&c[title_only]=1&o=date

@Gediminas - or anyone else. What can you suggest about SEPA deposits to Bankera via crypto-unfriendly EMIs like TransferWise and Payoneer? The desists are to Pervesk, which is not a specific destination. Any experience?

Nothing yet. I am going to break the funds down across EMIs and them move it all out to crypto.

There are a huge number of posts on Euro Pacific Bank, but since this is recent I will post this here. Advice for those who want to get out of the bank. There support and operations are fairly sloppy, though they do get the job done eventually. To get out of the bank you are best off making...

Yes. I have a Belize IBC with TransferWise, AdvCash, IBSettle, Airwallex, Capitalist.net, Payonner. I think DukasCopy and SwissQuote will accept them too.

I opened an account with Addiko in Serbia in 2016. I was refered to the bank by a lawyer and I got the impression that made the whole affair easier. You are meant to have a tourist card to stay in the country, which I noted is referenced above. They didn't ask me for that. I think I just...

This probably isn't a perfect solution. But I have found Payonner to be a very good low KYC place to hold cash. I bought over $100,000 in crypto using their debit card from Crypto.com with 0% fees. I also regularly have payments into Payonner or $40k-100k, over several years and they have never...

I can confirm that Belize has zero reporting requirements, but good luck opening a bank account with a Belize IBC now, evevn if you tell them you will keep $2M in the bank and give a detailed documentaion of a legitimate business. We are going to see a roll up of a lot of this stuff over the...

I had a reply back from the TransferWise support, which reads: While on the website it says: However, that doesn't really make sense, since the BEN charges are evidently taken from the transferred balance and not the receiving account.

Thanks @eomeakyl . Have you tried sending money to your TransterWise account using BEN, OUR, SHA? This is one of the most concise write-ups I could find: " Share" (SHA): The costs are shared between the beneficiary and the issuer of the payment, at each transaction: the costs of the issuing...

If I am right, is there no circumstance in which any money is taken from the recipient's account? The money is either taken from the sender's account or from the amount being sent?

Is a BEN payment only taken out of the sum you are sending? Or can it also come out of the receiving account?

Does anyone know how Transfer Wise handle SWIFT payments? I want to make a payment to TransferWise by Euro SWIFT and there are the options: BEN - in this case TransferWise would pay the fee SHA - fees shared by banks OUR - bank sending the payments pays fees Does anyone know if TransferWise...