Recent content by ace543

Interesting, so the person receiving the $ transfer is not liable, but the BTC receiver would be? Or perhaps both?

Hey everyone, Something I've been thinking about lately as a theoretical situation. If someone wanted to send cash to their friend's US bank account in large amounts daily, then that person bought crypto on a US-based exchange and sent back to the friend's wallet as a gift, what are the tax...

Stripe actually denied me saying they don't work with BVI based companies.

Thank you for this advice. great advice! Thank you

I have a friend who wants to sell a large amount of cryptocurrency (>1.5m USD) without tx obligations. What is the best method? From my research I see that selling OTC is the best way for large amounts, but is it private? If he wanted to minimize his tx obligations, could he have the buyer...

I have not contacted any Chinese processors. If one came recommended I would reach out, but I am skeptical of dealing with Chinese companies. I will contact these companies and report back. Thank you for that!

I have not tried them but I will look into that, thank you. So far I have had favorable replies from Cardz3n, 2Checkout, and a few others. It seems that online payment processors are more open to offshore business than the banks themselves.

Thank you for the reply and the information.

Hello everyone. I want to thank you guys for all the great information that is contributed here. Maybe you can help me to find a solution for my problem. I own a BVI based ecommerce company selling digital products. I need to find a merchant account or equivalent online service like 2Checkout...

Very interesting. I'm currently trying to set up payment processing for a BVI based ecommerce company. Can I ask who you use for processing payments? I contacted OCBC but they say they are not able to provide merchant accounts to offshore companies. Maybe I can use 2Checkout or something similar?