personal offshore account

[offtalk]

If someone opens a account in personal name and home address and make a wire transfer from offshore bank account to a different country(not residing country) will the wire transfer get the attention or notified to the home country's authorities?

 

[Milky Moon]

Not normally.

 

[negon]

No not really.

 

[Internationaloff]

Hello.
No.

 

[Okanda Fernando]

No

 

[Martin Everson]

You can try Satchelpay perhaps.

 

[KOTF]

Ok thanks, I will look into it. But usually the card is the issue since‌ they may not give you a card base on your region.

 

[Sols]

If there are no third-party transfers on the account or if the third-party transfers are‌ in from the same sender (salary or other income like that), Swissquote might work and‍ they issue multi-currency credit cards.

Maybe try CIM Bank or Cayman National as well.

Have you talked to Republic Bank about opening an account outside of TT with them? They're⁠ present in Caymans and a few other islands with more lenient currency regulations.

 

[KOTF]

I never spoke to Republic; I approached them in Guyana and they⁢ made things very hard hence the reason I bypassed them. I will look into the︀ other banks. Thanks for the response.

 

[Sols]

I could be wrong, but I think⁠ Republic in the Caymans is specifically for international banking and might be more easy-going than⁤ in Guyana. It might be that they focus on wealth management and want some six⁣ or seven figure deposit, though.

Scotiabank might be another option. Approach locally and abroad, see⁢ if you can leverage a local connection in TT to open an account elsewhere. Things︀ like that used to be easy across the Caribbean but it's getting harder and harder︁ with increased KYC and derisking.

 

[Fulton Abraham Sanchez]

K, hi. Antigua for the bank account is an option, is an established offshore legislation.‍ It will be dollars.