Need help moving forward.

[KarlK]

My problem is I need a bank account in one of the countries on this list

Amazon.com Help: Countries and Currencies Supported by Amazon for Disbursement

By now you have probably guessed that I am selling on amazon, but my problem is that I live in none of the contries in that list. Now, I know I can use payoneer and other cheapy services for getting money in my hands from amazon and I already have this.
But this is not what I want... I want a real bank account in a real bank where I can preform all the needs of my business like receiving payments, sending wire payments worldwide etc.

And I have seen the services that offer to do this for me but just don't know who to trust for.

Thanks for your time guys, looking forward to reply's.

 

[negon]

There is Breder Suasso which is located in New Zealand you can find details here http://www.offshorecorptalk.com/threads/breder-suasso.19421 they are actually a bank as far as I understand from their replies to me when I opened an account. I have my own IBAN account number with them so it's like a bank work.

 

[KarlK]

That one looks pretty good, but it seems this is just a financial service provider and not a real bank. I'm really just looking for a real, solid bank account.
Would love to see more suggestions, thanks!

 

[maxmoney]

Do you tried the search on the forum? here is a Swiss bank Best offshore bank CIM Bank Review maybe?

 

[KarlK]

Yeah I did look at them and they look really good, but they require a 5000$ opening balance and that's not something i can provide as of now. My business is just starting out but i want to nail these things down from the beginning, and also be independent from my countries prying eye.

 

[negon]

You need money to do business. Going offshore is not cheap as some people think it is. If you want to setup an account in some of these countries most will either require you to deposit some money on the account or it will require you to pay someone to open the account for you.

Why don't you simply start with a local account and slowly grow your business until you can draft a plan to setup something offshore?

 

[Internationaloff]

KarlK said:
My problem is I need a bank account in one of the countries on this list

Amazon.com Help: Countries and Currencies Supported by Amazon for Disbursement

By now you have probably guessed that I am selling on amazon, but my problem is that I live in none of the contries in that list. Now, I know I can use payoneer and other cheapy services for getting money in my hands from amazon and I already have this.
But this is not what I want... I want a real bank account in a real bank where I can preform all the needs of my business like receiving payments, sending wire payments worldwide etc.

And I have seen the services that offer to do this for me but just don't know who to trust for.

Thanks for your time guys, looking forward to reply's.
Click to expand...

Do you need Corporate or Personal bank account?

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[lostman]

I look for personal account with http://www.offshorecorptalk.com/threads/breder-suasso.19421 or leupay I read both are good ?!

 

[KarlK]

Internationaloff said:
Do you need Corporate or Personal bank account?
Click to expand...

For now a personal account will suffice, although I would like to do the whole company formation thing too, maybe later.

 

[negon]

You could simply open a Euro Pacific Bank account. Seems to work fine for most! And you don't need an introducer!

 

[KarlK]

I wish I could, but that bank is hosted in a country that is not on the list of countries that Amazon sends payments to.

Looks like a solid bank though I really like it.

 

[negon]

And you don't want or can't use a Cyprus bank? what about using LeuPay, Breder Suasso or similar banks?

 

[cutmetwo]

Cyprus company + cyprus bank account that works for amazon. I have a good friend that setup his company in Cyprus and is a seller on Amazone.

 

[JohnLocke]

cutmetwo said:
Cyprus company + cyprus bank account that works for amazon. I have a good friend that setup his company in Cyprus and is a seller on Amazone.
Click to expand...

If everything else fail you can always get it work with a Cyprus company and bank account! Unfortunately for the haters or the people that don't want to incorporate their business in Cyprus this remains to be one of the best jurisdictions in matters of flexibility, tax and privacy!

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[myhand]

Cyprus will work for eBay and Amazon I can confirm that!

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[maxmoney]

KarlK said:
I wish I could, but that bank is hosted in a country that is not on the list of countries that Amazon sends payments to.

Looks like a solid bank though I really like it.
Click to expand...

What you think Cyprus bank can work it looks!

 

[cutmetwo]

maxmoney said:
What you think Cyprus bank can work it looks!
Click to expand...

True it works fine!

 

[bagoo]

Hi,

Why exactly is Cyprus being recommended?

Thanks!

 

[negon]

because we have a true solution and not some fake or unsecure US bank account solution. So far never seen anything US based for foreigner that works 😉

 

[bagoo]

if I have a company in Cyprus but I live in another european country like UK, won't UK tax authorities consider my Cyprus company as UK tax resident because I manage it from UK? Isn't this always the case?