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They did not ask me when I opened one year ago. Anyway, since they asked that question to you, you could have say that you want to start investing. Put €100 onto something e.g. VWCE and be with it.

Try Moneycorp, I have used them for years.

Is there any other than Barclays bank in Jersey that has SEPA? Natwest?

Have they increased the minimum relationship balance? I am quite sure it was £25,000 or €50,000 before, now it is £100,000.

I guess it depends when last year. Last year they quit retail US banking for individuals, leaving this offer in place which clearly seems to target non US foreigners and non US residents.

There is no requirement to be Premier in other countries. You can open HSBC US account without having ties to US or HSBC before. This is why it is quite interesting.

I don't as I don't like HSBC, however the US banking offer got my attention. I can't seem to find the way to open account on Citi US website as easily as on HSBC US. The HSBC offer is tailored specifically towards foreign non residents, while Citi US is not.

HSBC US doesn't seem to require even US address. That looks like you can open a fully operational US bank account remotely, without having any US ties. For international customers, please check these additional requirements I am eligible if: I am not a U.S. Citizen OR I don't have a U.S. Social...

Why would they make it so easy to open US bank account to foreign non residents? I recall usually the US banks require SSN and local address, unless some investments related bank accounts like international Charles Schwab.

Amex card has a separate spending account, if it is in CHF you will have to convert EUR to CHF to pay it off. In UAE you can choose for some Amex cards if you want AED or USD card. USD has to be paid off to their US bank account. Those benefits are on the Platinum Amex as well, which is much...

I am not sure if there is much difference between Centurion and Platinum Charge. I have the Plat Charge metal card in UAE (it's their highest tier card). Despite highest tier, it earns 1 MR for 1 USD, while the Plat credit card (1 tier lower) gets 2 MR for 1 USD. I understand one is charge card...

The problem with audit is that usually nobody will agree to make an audit without having professionally prepared accounts. Since neither accounting or auditing was required by some of the free zones, it is hard to look at only audit fees. That's the same like with VAT reporting. You can find...

I also find answers from @Fred in this thread very strange. Perhaps it was some kind of Stolichnaya effect from having too many Russians customers lately :) Breaking the law by not registering with VAT authorities (or applying for the exception from VAT), upon crossing or knowing you will cross...

Isn't it compulsory by law to register for VAT above AED 375,000 threshold?

It is required to charge VAT zero rated, unless you can get an exception which for instance I did not get.

They are Dutch bank and without connections to Netherlands, you can forget about opening non resident account even on the private banking level.

Moneycorp will work great. I used them for EUR SEPA deposits, exchange whatever is required to AED or USD and send it further. Then they send the transfers as OUR, covering all fees along the way for free. If it is regular transactions, just negotiate with them FX margin on your account to give...

Only Germany, Romania, Italy and Poland. Strange, because on the website FAQ it says you can open the account in countries where WU is present.

No, but as I wrote earlier the differences between congested areas like Bur Dubai, Karama and the green communities like The Greens, Emirates Hills can be up to 3x: https://air-quality.com/place/united-arab-emirates/dubai/24ef41d4?lang=en&standard=aqi_us

I opened account 1 year ago and deposited funds from Wise. I did not use them much to be honest since then, however they have improved online banking lately and you can properly submit 3rd party transfers. So I did my 1st transfer out from Flowbank to Kraken's Bank Frick and it arrived within 1...