US -> UAE Transfer Safely

[CharlieHarper]

I watched this video by James Baker:


And going through this thread about Mercury got me thinking best ways to transfer money from US to UAE accounts.

Now this thread was very insightful from UAE Side but I couldn't find much discussion about best ways to send money to UAE.

Wise might be one option as mentioned in James Baker video.

From another thread, Currenxie does not accept US LLCs.

Airwallex?

What other options are there? Creating accounts for US LLC to send money to UAE Banks or for UAE FZCO with US Bank Credentials?

Last edited: Nov 14, 2024

 

[SCHLOSSFINANZ]

Velo Bank

 

[CharlieHarper]

SCHLOSSFINANZ said:
Velo Bank
Click to expand...

Their primary focus appears to be on the US and China. Do you know if they fine with frequent wires to UAE? Also, do they offer remote bank account opening for non-resident LLC owners, or would an in-person visit be required?

 

[lagloriacubana]

Their primary focus appears to be on the‌ US and China. Do you know if they fine with frequent wires to UAE? Also,‍ do they offer remote bank account opening for non-resident LLC owners, or would an in-person⁠ visit be required?

 

[SCHLOSSFINANZ]

remote bank account opening possible, minimum deposit applies.
they have a higher risk appetite

 

[notagoy]

Could you elaborate on how to open an account there? When‍ I download their app they ask whether I'm a US tax payer. When I answer⁠ negative on this it says it's not able to open an account for me.

 

[SCHLOSSFINANZ]

write or call them

 

[notagoy]

Will do... thanks!