large sums transfer from corp to corp or corp to human

[dor]

when you transfer large sums of money from corp account to human account in eu. banks require proof of funds and income each time?

when corp to corp then no request?

 

[CaptK]

Same, they will ask for contracts and invoices and proof of works done.

 

[dor]

proofs of work what is this?
examples please
you literally show the source code, private info or violate non disclosure agreements?
effin bastards

 

[Martin Everson]

Most of time they will want to see invoices and sometimes expenses. They just need to tick boxes on their side and need paperwork with numbers on it...lol. They could not careless as long as paperwork has address, telephone number, email, what was done and it all looks legit. In worse case they can ask your client to provide a bank statement from their account they used to pay your from. Its invasive but that all part of the banks Know Your Clients Client (KYCC).

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[dor]

i thought so, just a tick in a box, formality
everybody is criminal by default

 

[no1d]

You could make a declaration for interim dividends cash out.