Best offshore bank CIM Bank Review maybe?

[negon]

After reading this Hong Kong is a trap, a fake good offshore jurisdiction I would‌ not proceed with an HK company unless I was depending on doing business in China!‍ For CIM bank it's going to be interesting, please report back here once you have⁠ had the interview.

I don't believe someone knows what question they will ask except the⁤ fact that they want to discuss your business model and learn more about it.

 

[lucy]

I'm well aware of HK IRD and what I need to⁢ do, thanks for the link tho. Sure I will report back after the interview.

BTW CIM required a Certified Certificate of Residence, Tax returns, passport, business plan, proof of income︀ (contract with customers), personal bank statements, bank reference letter and corporate documents. Initially the agency︁ said that a utility bill will be fine but the bank rejected it and instead︂ they need Certificate of Residence.

 

[negon]

That's how it always start. The agent tells you, passport copy and utility bill is‌ fine and once you have paid and apply for an account with the bank the‍ endless requests of documents starts 😀 have been there, don that! Certificate of Residence you get⁠ from your local tax office or the Police station or some other officials.. not difficult⁤ to get.

They will for sure also ask you for:

• tax resident ID number
  
• Business profile
  
• Physical address of the place of managing operations
  
• Anaylytical Business Plan
  
• Analytics Professional Resume⁣
  

The above is beside what they already requested 😱

 

[lucy]

Well at⁢ least all my due diligence has been approved (it's in the mail now), lets hope︀ the interview goes well then I can relax...

 

[negon]

Will keep my fingers crossed for you thu&¤#

 

[lucy]

Thank you!

 

[lucy]

Good news! I will get my account details in 2 weeks! All they wanted to‌ verify was me holding my passport. Easy.

 

[lucy]

I even opted to not have a physical card which was fine by them also‌

 

[JohnLocke]

Great.. so just to get it... they asked you only to show them your passport‌ by Skype and that's it 🙂 ?

 

[lucy]

Through their internal video conference system we set a time and date last Thursday over‌ email. She said my KYC paperwork was perfect and that she only needed to see‍ me with my passport in hand.

 

[JohnLocke]

Great, this means we have an open door to apply for a SWISS bank account‌ with CIM bank remote as long as we accept a Video conference call where we‍ only have to show our passport thu&¤#thu&¤#thu&¤# Thanks for sharing your experience.

 

[redeye]

great news....thanks for reporting⁠ back.

 

[lostguy]

Do you got an account with CIM bank in switzerland?

 

[lucy]

Yes I do for my HKG business

 

[JohnLocke]

Is it approved and you didn't visited them but had only a Video chat right?‌

 

[lucy]

Correct Admin. CIM wanted to see me holding my passport‍ (bio page) via video chat for verification.

 

[lucy]

Today (13th October) I received my account details 2.5 weeks after I had a video‌ chat (they wanted to see me holding up my passport bio page) with CIM Banque.‍

So far, no complaints...

 

[JohnLocke]

great thank you for the information 🙂

 

[lostguy]

Good, really good thanks for the⁠ update & to keep us updated thu&¤#

 

[adoffshore]

I read at many placed that this bank is a fraud the same as I‌ read for many other "so called banks" that are easy to open accounts with. Now‍ I was wondering, where are these reports coming from you think? Are they just from⁠ bad people or even hired people from the competition?

I have contacted CIM Bank yesterday⁤ to inquire about their service so far no response but expect answer Monday or Tuesday⁣ next week.