OnlyFans Banking EU - $300k+ a month

[Don]

In France, you can exercise your︍ right to a bank account.

The conditions for benefiting from the right to an account︎​

You must:

• be domiciled in France, without any nationality condition, or be French and reside️ abroad, or be of foreign nationality and legally reside in a country of the European‌ Union other than France;
  
• not have any individual account opened in your own name (or‍ account in the process of being closed);
  
• you have been refused the opening of an⁠ account by a bank.
  

https://www.banque-france.fr/en/node/2534

https://europa.eu/youreurope/citizens/consumers/financial-products-and-services/bank-accounts-eu/index_en.htm#:~:text=Right to a basic bank account,-You may want&text=If you are⁤ legally resident,where the bank is established.

 

[JohnnyDoe]

Don said:
In France, you can exercise your right to a bank account.

The conditions for benefiting from the right to an account​

You must:

• be domiciled in France, without any nationality condition, or be French and reside abroad, or be of foreign nationality and legally reside in a country of the European Union other than France;
• not have any individual account opened in your own name (or account in the process of being closed);
• you have been refused the opening of an account by a bank.

https://www.banque-france.fr/en/node/2534

https://europa.eu/youreurope/citizens/consumers/financial-products-and-services/bank-accounts-eu/index_en.htm#:~:text=Right to a basic bank account,-You may want&text=If you are legally resident,where the bank is established.
Click to expand...

And if rejected, what do you do? Sue the bank? rof/%

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[spagge123]

You can try Xace - xace.io.

 

[Don]

Can a credit institution refuse to open an account when it has been designated by‍ the Banque de France as part of the right to an account procedure?​

NO, except⁠ for exceptions.

A bank may refuse to open an account for you even though it⁤ has been designated by the Banque de France as part of the right to an⁣ account procedure in the following cases:

If you already have a deposit account at the⁢ designated institution or at another institution;
If you do not provide the supporting documents requested︀ by the bank under the provisions concerning the Fight against Money Laundering and the Financing︁ of Terrorism.

Can a credit institution close an account opened under the right to an︂ account, when it has been designated by the Banque de France?​

NO, except for exceptions.︃

A bank may close an account when it has been designated by the Banque de︄ France as part of the right to an account procedure in the following cases:

• If you have deliberately used your account for transactions that the institution has reason to suspect︅ are for illegal purposes;
  
• If you have provided inaccurate information;
  
• If you no longer meet︆ the conditions of domicile or residence (domiciled in France or residing in another member state︇ of the European Union)
  
• If you have opened a second account in France allowing you︈ to use basic banking services;
  
• If you repeatedly display incivility towards the staff of the︉ credit institution;
  
• When the establishment is unable to meet customer due diligence obligations
  

In these︊ unique cases, the account may then be closed:

After compliance with a 2-month notice period︋ before the effective closure of the account;
After notification of the reasoned closure decision addressed︌ to the account holder and to the Banque de France which made the designation.
The Banque de France must be informed, by the banking establishment, as soon as possible, of︍ the reasons for closing the account.

 

[Marzio]

What about moving to Monaco and open bank account there?

 

[OVER]

So you are making 300k per month and asking for a financial/legal advice on the‌ forum? How old are you? This is Madness!

Ask the best professionals you can afford.‍

 

[JohnnyDoe]

OVER said:
So you are making 300k per month and asking for a financial/legal advice on the forum? How old are you? This is Madness!

Ask the best professionals you can afford.
Click to expand...

It's not that simple. Most of the “Best professionals” don't know or can't tell effective solutions.

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[PleaseDelete]

Making X amount of money and paying for a good⁠ accountant/ tax adviser doesn't mean you're automatically hiring some genie who knows everything. Most of⁤ the time I've found knowledge online instead of being able to hear pratcical solutions from⁣ one of these people whom I paid for. This forum often contains a lot of⁢ knowledge which has pointed me in the right direction. It's a good bet to search︀ both fields

 

[bibing]

First of all, Congrats for your success on OF.

Honestly the only suggestion I can‌ give takes time...

If I were you, I would start with banks in adult business‍ friendly countries (Netherlands, Czech Republic, probably Germany). Just be honest, say you work on OF⁠ as a performer. Show your income if they ask, show you are paying taxes, tell⁤ the reason why you can't bank in your country (not adult friendly jurisdiction).

If you⁣ want to improve your chances to get approved by a million times more, ask the⁢ bank if they have investments account as well because you want of course to deposit︀ but you want also to invest some of your money with them as well. They︁ will open their eyes.

Banks don't like to open "transitions" accounts. They want you to︂ stay and make them money too. BA ks are not there to get and keep︃ money for you. They are there to make money with your money.

Just try to︄ be complacent. Honestly for that kind of cash flow bankers should literally bend and drop︅ their pants (sorry, I needed to make that analogy)

I wish I had a bank,︆ I would definitely accept you lol

EDIT: Honestly it make me laugh that on this︇ forum there are so many prudish members...what a bunch of judgemental idiots. Jeez If I︈ could sell pics of my ⚽⚽sack, I would for 5eur a piece

 

[OVER]

For 30-50% fee of OP's monthly income they should‍ move their butts swiftly.
With 300k per month from the bedroom... gathering several︁ pro opinions should be the must. On a side note, strange OF is not setting︂ banking arrangements for top tier "performers".

 

[void]

very true, hard to believe

 

[Marzio]

That's because she didn't share her OF profile with the‍ decision maker 😛

 

[Don]

Apparently they are not resistant to de-banking either.
https://www.ft.com/content/48e5d1a9-a132-4b11-8be8-47f63903f1c1

OP - with 300k a month you could⁣ try to approach private banking... give them something by investing at least a little into⁢ their products..

 

[Marzio]

They should‌ start their own bank

 

[ilke]

I think Paxum in‌ Dominica is already something like a 'pocket bank' to them.

But an OF EMI wouldn't‍ be unreasonable.

 

[Marzio]

I said that‌ half joking but if creators are having such problems in getting paid the solution is‍ to have their own payment solution.

 

[GPT]

One addition; you can only register as self-employed in NL when you are︇ residing in NL else the only option is a Dutch BV. In fairness that might︈ actually be a better option as you then have some more options for tax mitigation.︉

 

[GPT]

Have you considered Tolomeo Bank in Puerto Rico? If cannot find a way in, then‌ im happy to enquire and let you know the outcome.

 

[EliasIT]

maybe @The Kingdom Bank can accept your business and make a good OCT offer for‌ the account opening.

 

[PleaseDelete]

Yes, good addition. OP was writing she was willing to move to⁤ another country I believe so I responded to that scenario. But being a sole trader⁣ is taxed at 49,50% (insane) when you earn more than 75k so a BV is⁢ a better solution indeed.

If I were her I'd just use Yoursafe and move to︀ Cyprus or something.

OF should provide the possibility to get paid in crypto. Would be︁ less painful to deal with than all of this