N26 Bank - CRS

[birkhoff]

Some banks in luxembourg that do exactly that. Obviously with VIP clients. They use⁠ omnibus accounts at the end of the year. The balance of the account remains as⁤ the client requests. At the beginning of the year the account is left with the⁣ full balance.

Without leaving the European Union, without tax havens, without offshore accounts,... only paying⁢ big commissions and being a VIP clients.

And it is legal.

 

[Martin Everson]

Which banks‌ in Luxembourg? Give me an example of one helping clients to avoid CRS? Thx

 

[EliasIT]

They are German aren't they?

 

[Martin Everson]

Yes they are a Germany‌ based neo bank.

 

[gnud]

I see that⁣ even when the N26 wouldn't ask an account holder for his tax id, they still⁢ offer plenty of information for the tax authority to identify the person.