Wire Transfer without personal data.

[wosniak]

Hi,


I need know how I can make Wire transfer from India to Europe without giving personal data to anyone?


Can it be done, I don't want all this documents to be filled or anyone to know that I transfer money?

 

[JohnLocke]

That's complicated and actually it should not be possible to accomplish. What I would suggest‌ you is to make use of such e-wallet like Liberty Reserve, Perfect Money and so‍ on where you can transfer money anonymously.

 

[wosniak]

So Western Union is only possibility?

 

[clemens]

WU is the only option beside all the shady e-wallet operations that may allow you‌ doing that.

 

[orangeye]

I guess even WU has to comply with Indian laws so that may not be‌ an option either?

 

[openmind]

What if we use nominee shareholder AND director?

 

[JohnLocke]

It makes no difference if you use a Nominee director or shareholder, you won't be‌ able to hide your personal details towards the bank. If you mean that you want‍ to hide your personal identity towards your customers/clients, then you can do this with just⁠ a simple corporate bank account.

 

[adjust]

So my customers and business partners will never see who is owner of the company‌ right?

 

[JohnLocke]

True, if the bank account is opened in the company name then your personal details‌ will not be released to any of your customers!

 

[blainchain]

Sounds logical, if the bank account is in the name of the company then ofcourse‌ the company name will show up at the other end, everything else would be wrong.‍

 

[JohnLocke]

True and also like it works with any other bank. There may be exceptions where‌ the business is a sole proprietorship / sole trader, in that case the name of‍ the account holder will show up 🙂