Best way to transfer low 6-figure out of Kyrgyzstan?

[Sols]

Well aware of that, and in such cases, it's not a suitable solution to be⁣ even mentioned in public. We see far too much thinly veiled advertising to have any⁢ kind of tolerance for it. 99/100, it's something shady. That comes at the cost of︀ that 1/100 not getting their exposure.

If you're benefitting from it in the form︂ of commissions/kickbacks, it's considered advertising, and would be a violation of the rules (unless you're︃ an advertiser).

 

[daniels27]

I am not here to make money. I make money elsewhere and appreciate people like⁠ @jafo @JohnnyDoe @GPT that have similar intentions.

If anybody likes my help, I am still⁤ taking donations towards a lifetime membership. Collected so far: $0 despite the many guys who⁣ got tailor-made help for their cloaking problems.

 

[Legal]

Just for‍ future understanding, when DM is fine for forum?

 

[daniels27]

When you have a Mentor Group Gold account, you can advertise your services and DM‍ all the new people here that cannot send messages.

Otherwise, you can message people if⁠ it is not to make money yourself. Like if you want to help them for⁤ free, i.e. without any monetary benefit to you, or if you want to meet them⁣ in person or if you want to give them otherwise personal advice.

There are different⁢ types or people here:

• People that made money elsewhere and are here to share and︀ learn. Mainly around the concept of own nothing, control everything. But also around the concept︁ of improving their general tax situation, government exposure, bank risk exposure, etc. => They can︂ pretty much freely message anybody as they are not looking to make money here. It︃ is a hobby that only costs time and money.
  
• Service providers that are offering their︄ services on this forum. They need to pay for Mentor Group Gold and can then︅ advertise in accordance with the terms.
  
• People that are selling illegal and semi-illegal things and︆ have issues with their banking and corporate setup. => Their acounts are too new to︇ message, they ask for help. The service providers can offer them their services.
  
• People from︈ EUSSR that have tax issues and just got caught. => Their acounts are too new︉ to message, they ask for help. The service providers can offer them their services.
  
• Random people that have 20k USD and read on the news that you need an offshore︊ account, a trust and a nominee director. While it does not make much sense, service︋ providers can still offer them their services.
  

 

[Sols]

Just to clarify, Mentor Group gold account does not give you permission to advertise freely and‍ being an MG member does not buy you the permission to DM other users solicitations.⁠ You must obtain the recipient's prior consent for that. If you receive an unsolicited marketing⁤ DM, please report it.

I think the off-topic discussions has gone off topic enough now,⁣ though. Please, let's stay on topic of banking in Kyrygyzstan and moving money in to/out⁢ of the country.

 

[Forester]

I think so, too. Having said that, I see this (all posts Best way to transfer low 6-figure out of Kyrgyzstan? onwards ) as a really useful clarification‌ and ask all to have it in mind...

+1 🙂 (Unless some more explanation of rules is needed; in such a case anyone is⁤ encouraged to open a separate thread, perhaps in Forum News and Announcements(?) )

 

[jafo]

This has ALWAYS been my understanding. I'm glad I didn't misinterpret the rules, although I⁤ don't have anything to sell here, as I stated numerous times. I'm here to learn⁣ of new resources I can apply to improve my business and share with others what⁢ has worked for me and the approximate date. There is no use in giving anyone︀ the name/contact of my resourceful banker/lawyer at Wegelin now. Wegelin is gone, and he has︁ passed away in 2019. cry&¤

But to stay on topic, there is a bank in CH︂ that works with Kyrgyzstan a lot. I just don't remember the name. I'll drive by︃ that area and ask tomorrow.

EDIT: That is why I commented so that I can︄ remember.

 

[clemens]

Self promotion, your nick also indicate why you are around.
You must read what he writes⁢ in all his messages and you will get a clear picture of where this guy︀ comes from. Other than that you are right.

 

[Legal]

Does, Kyrgyz banks opening accounts for non resident companies?︂

 

[daniels27]

Yes, I can recommend Кыргыз-Швейцариялык Банк (Kyrgyz-Swiss Bank)
https://ksbc.kg/en/business/cash-services/and Бай-Түшүм Банкы (Bai-Tushum Bank)
https://www.baitushum.kg/en/sme/settlementcash-servise/

 

[jafo]

Damn! You beat me to it smi(&% rof/%
@daniels27 just answered here: Best way to transfer low 6-figure out of Kyrgyzstan?
😉

 

[Legal]

They told me that you need branch and physical visit‍ to bank to open an account so it is useless for offshore companies.

 

[daniels27]

You can‍ normally do power of attorney to open in those countries.

In any case, a personal⁠ account would suffice to they wire it forward to Armenia or Malaysia, Singapore etc. You⁤ could even wire directly in batches of 50k if you can show a work contract⁣ to the bank abroad.

 

[Legal]

They are not providing⁠ corproate account.

 

[daniels27]

They provide personal account.‌ It is sufficient for OP's problem.