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    Suggestion for Indian Business Bank Account with non-Indian UBOs?

    My apologies, I didn't read properly and noticed you had foreign nationals and a local national. Have you tried removing those foreign nationals as directors and/or shareholders and just keeping the local one? Then apply to some new banks (Don't re-apply to existing). From a compliance...
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    Suggestion for Indian Business Bank Account with non-Indian UBOs?

    I believe getting an account in India would be tough and you would require local presence and a local director. In addition, India also has this extremely confusing system where some INR are ordinary and others are not (I keep forgetting the terminology for this but in essence you got some INR...
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    Nash - NL iban

    As long as your declaring what you're sending there I don't see this being a problem - all financial entities have a duty to report to tax authorities or they wouldn't have a license to operate in the first place.
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    Anyone have thoughts on best ways to hedge crypto positions / profits?

    What is ATM? Do you mean ITM or OTM? Or when strike is equal to underlying? If you want to hedge your spot position simply purchase a PUT (ITM) with an expiry of one year - when you do this, you will pay a premium. One of the following scenarios will occur. 1. Bitcoin rises, your contract...
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    Anyone have thoughts on best ways to hedge crypto positions / profits?

    Do you want to buy puts or sell them? You should take a look at Deribit, you can exercise the contracts upon expiry.
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    Question Raspberry PI for Remote Access & SMS/OTPs

    There's a few providers out there that offer dedicated sim cards without having the need to purchase your own hardware, take a look at https://virtualsim.net - I think this might be what you are looking for. You can pay for the SIM cards using crypto and receive OTPs via their website.
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    NOWPayments anyone know them and if they are reliable?

    I have been using them for a quite a while and fully agree with you on this one - I haven't had issues with the service but when I've tried to reach out it's pretty much hopeless. I came across cryptomus.com a few weeks ago and although they work out more expensive, their support seems better...
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    Question Margin trading interest rates on Binance?

    Depends on what you're trading and market conditions. You can use this as a reference - https://www.binance.com/en/fee/marginFee
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    USDT transfer

    I don't think any reputable broker will accept funds from a third-party, it needs to come from your account, i.e. under your name. If a broker is willing to accept third-party deposits this raises serious flags - you're better off spending money on fireworks. You should send the fiat to your...
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    Advice for offshore business + banking in 2024/2025

    Just out of curiosity, have you managed to open an account with DBS (Singapore) for a Marshall Islands company? Did you go directly with them or get introduced to them by someone?
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    Anyone familiar with the "Shell Bank Loophole"?

    Because a USA FI with US UBOs would have regulatory requirements to report for FATCA and therefore, defeat the whole purpose of what the article is trying to suggest in the first place. Basically, the whole point here is to setup a foreign FI (Outside USA) and open an account with this entity...
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    Anyone familiar with the "Shell Bank Loophole"?

    Depends, if you buy one that's already ready - South Africa goes for around $120K - $150K. Mauritius is cheaper but banking options aren't as good as South Africa since it's G20. You would also need a Director, KI and Compliance Office as personnel. Operational costs can vary, in my experience...
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    Any EMI with IBAN + Crypto out there?

    Was this a corporate account or personal?
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    Financial Services for Gibraltar Private Fund

    In terms of banking options in Gibraltar I believe you will be quite limited, but you can start with these. Gibraltar International Bank (I believe they will require local presence) Trusted Novus Bank Turicum Private Bank J. Safra Sarasin Bank
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    safest offshore Exchange

    You can start with $10K (minimum) on OKX. Reference: https://www.okx.com/liquid-marketplace
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    safest offshore Exchange

    Are you suggesting you can offload $8m through an exchange (using their order book), in a single order, all at the same price and have no problems ? Wouldn't it be better to place such orders through OTC via RFQ?
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    Anyone familiar with the "Shell Bank Loophole"?

    Your agent wouldn't declare it, it's something you would do when you fill out a W-8BEN-E. The cleanest way to do it would be to apply for some sort of license and depending on the license you will also have operational costs and have to upfront a decent amount for regulatory capital...
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    safest offshore Exchange

    Send the coins from your wallet to an exchange and place a limit order. In addition, I don't think you should be particularly concerned about the time it will take for the transaction to be confirmed on-chain until you can actually execute an order on the exchange since you are using Litecoin...
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    Question Proof of address for operating address in BVI. How to receive it?

    Why don't you ask your agent if they can lease a telephone line on your company name? I know this works and some agents can sort this out for you. It's also useful for other applications like banks, etc.
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    safest offshore Exchange

    You must have balls of steel to even consider this, especially after what happened recently with FTX. It doesn't matter if it's onshore or offshore, regulated or unregulated, you know the saying, "Not Your Keys, Not Your Coins". Use the exchanges to run your trades and store your crypto on a...

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