What offshore bank should i get for incoming big money.

[PluT0]

My "business partner" arrange to send me a HUGE swift transfer. They said it would be 7/8 digits in euro.
Any recommendation, which offshore bank suit my need.
Seem my partner are ready to provide with KYC / AML stuff from the sender side.

Thanks.

 

[negon]

Well as long as you can provide source of funds information and it is legit‌ money you can use any Cyprus bank. So I believe you can use Mauritius and‍ Belize banks for such transfers.

Where does the money come from?

 

[JohnLocke]

I agree with @auric you need evidence for source of funds so it's not going‌ to be a problem.

 

[NickNack]

At Standard Bank south africa you can send any amount and they dont ask you‌ as long as it stays in EUR or USD and doesnt convert to RAND

 

[uplana]

this sounds appealing to me, any chance you would let me⁠ know what the requirement is to open a bank account there and the total costs⁤ please?

 

[NickNack]

Requirements:

- Bank reference letter for same company confirming various points
- CTC of passports‌ and all corporate documents

These are the only requirements.

basic cost is about 500 USD‍ unless of course the account is complicated. I think they can CTC everything for a⁠ couple hundred bucks more and even make it so you dont need a reference, but⁤ you would have to pay probably double the cost.

if you email me at <<snippet⁣ spam>> I will forward you on to the introducers

 

[cutmetwo]

How did you solve the problem op?

 

[hofo]

I told my bank that I need to increase my limit from 500K EUR a‌ month to 1M Euro and they asked for some documents which I provided about my‍ business and customers. Took me less than an hour to get my limit increased.

 

[Knightsbridge]

Hello Hofo,
What bank was this with?

 

[dirtyharry]

I don't know what bank Hofo referring to, but the 500K looks like Piraeus Bank‌ Cyprus. If you can provide a business description and something that look legit it's easy‍ to convince them to rise your limit to 1M or even more!

 

[Knightsbridge]

With the Pireus Bank, could I set it up without going to the⁠ actual bank, also does the business have to be based there?

 

[JohnLocke]

You can setup the account remote and you can use any company don't need to be‍ a local company!

 

[dirtyharry]

yeah as Admin said!