What is your experience with the Swiss bank dukascopy ?

[ththugues4]

Hello,

I am looking for an alternative to payooner because transferWise or revolut does not work for me because I am in not in EU. I came across the Swiss bank dukascopy, it allows the opening of a remote bank account + minimum deposit of 30 euros + very good card limit + video verification with a agent + etc.. . In view of their site and some research they are legitimate.

please have people already worked with them and if so what was your experience thank you

Thanks

 

[Spinoza17]

ducascopy is a trading bank/company you may not be allowed to withdrawal your money without preforming any trading activity
you better talk to them about this before doing any transactions

 

[jjrapy]

Spinoza17 said:
ducascopy is a trading bank/company you may not be allowed to withdrawal your money without preforming any trading activity
you better talk to them about this before doing any transactions
Click to expand...

Are you sure about that? where do you read it?

I'm talking about the restriction you mentioned, not withdrawal without making any trading activity

 

[Spinoza17]

jjrapy said:
Are you sure about that? where do you read it?

I'm talking about the restriction you mentioned, not withdrawal without making any trading activity
Click to expand...

i used to work for exness.com which is also an fx broker
clients are not allowed to use the company just for transactions, you have to have some trading activity, or your withdrawal requests will always be rejected for this reason
also receiving money from source and sending the money to a different destination is considered somehow money laundering, even if you own the two ends
you can't launder your cash on an fx broker
you are allowed to trade but you have to withdrawal the initial deposit back to where it came from, and than you are free to withdrawal the profits to anywhere.
best thing to do is read docascopy's TOS / Policies , or just ask them about it

Last edited: Apr 16, 2021

 

[jjrapy]

Oh I see. Great info btw, thanks. I was thinking open an account with them just to diversify.

 

[AlexanderSu]

Spinoza17 said:
ducascopy is a trading bank/company you may not be allowed to withdrawal your money without preforming any trading activity
you better talk to them about this before doing any transactions
Click to expand...

This is not true. Dukascopy Bank has two business activities: brokerage (that Sponoza17 was referring to) and banking that allows third-party deposits/withdrawals. There're two different web sites for both. www.dukascopy.com - brokerage. www.dukascopy.bank - banking.

 

[JohnLocke]

We contacted them 2 weeks ago through their contact page, so far no live sign, they didn't bother to come back to us at all!

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[AlexanderSu]

It may be worth writing an email: [email protected]

 

[Mark Rucken]

I also emailed them once, no reply ... it's been a year now 😀

They are not the only ones, many banks just do not bother to reply. I wonder why is that so? Too much work, not enough employees, not interested in random people contacting them through website? I don't get it.

 

[Clank]

Mark Rucken said:
I also emailed them once, no reply ... it's been a year now 😀

They are not the only ones, many banks just do not bother to reply. I wonder why is that so? Too much work, not enough employees, not interested in random people contacting them through website? I don't get it.
Click to expand...

They have a livechat

 

[Hyo]

Client of their banking segment. Using their card to withdraw and pay, no problem whatsoever. Good customer service

 

[zoyus]

Hyo said:
Client of their banking segment. Using their card to withdraw and pay, no problem whatsoever. Good customer service
Click to expand...

How many pins do the cashiers ask you for 4 ??and what do you put there if the card is 6 pins?

 

[clemens]

Admin said:
We contacted them 2 weeks ago through their contact page, so far no live sign, they didn't bother to come back to us at all!
Click to expand...

Did you ever got a reply from them ? I contacted them a few times but got standard replies at least they looked like standard standard

Toggle signature
One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity

 

[Mda]

Close to zero complaint. Neat panel of services working smoothly.