I wonder if using intermediate EMIs for transferring funds to a third persons/companies bank account is the best way to hide the location of your bank account whether is offshore or not.Any ideas please?
How transfer funds without exposing my bank account
- Thread starter jonage
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You can, it's called a layer. It works. The beneficiary will not be able the origin bank.
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Scammed people on the forum!
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Scammed people on the forum!
Main reason tax payment but without exposing the origin of my offshore account
What I have in mind is offshore bank account transfer to EMI then transfer to local bank account and finally local tax payment
That will still leave a digital footprint for taxman.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
You will leave footprints in option 2 and 3 but they won't see the account you sent from without them putting in effort to get the info.🙁
Option 1.
Buy crypto and then use a crypto to fiat EMI to wire the money to them.
Option 2.
Depending on how much money you are sending then send via a money changer that does outbound wires and pay in cash at counter.
Option 3.
Pay via leupay or any EMI that allows you to fund by prepaid card.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
i started to send today with transferwise , i didn't want my bank know the origins of funds .
i use paxum (adult) i'm not sure if they can be traced but most of times they use middle banks to send funds .
on the other hand transferwise don't like adult , but i dont care now ,i will split the amounts and see how it goes.
I'm much obliged for the useful info. I think I prefer option 1. Do you have in mind any particular EMI ? I am in Europe.
MisterTango maybe ?
neither , paxum is more like payoneer but with additional services + not crypto friendly.
Yes MisterTango is best as outbound wires are sent in your name or company name.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
I didn't think MisterTango offered anything but SEPA outbound wires? I have not actually tried to send outside SEPA area.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
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