Recent content by dxbkk

Did you take the test on the MOM website? I am in the same position as you. From what I gathered, they care more about your salary amount.

I had to leave Dubai. I was still unable to get a bank account after much trying!

I didn't fly there, but my case may be different because I had an agent open it for me. Normal minimum deposit is S$200k.

I spoke with DBS Singapore. Non residents can open a DBS Treasures account with S$350k as soon as representative offices are open. For what it's worth, I opened an OCBC Premier account remotely this year. From what I remember, they said for a business account I would need to fly to their...

I spoke with DBS last week and they would open remotely for S$350k but a visit to the representative office would be required.

I've checked their AUP, I didn't violate any policies. In the eyes of the consumer it's random, since I didn't do anything wrong. They simply don't like something about my jurisdiction/turnover and cut me loose. I hit the $5m limit in Jan so the account has been dormant since then. You're...

The closure was random. Honestly I don't have the energy to apply for any more accounts/EMI's. The amount is relatively small (low 5 figures) and would write it off as a mistake on my part for leaving the money there (the account was dormant). I created this thread to see if anyone could...

They said I can withdraw business to business name, personal to personal name only.

The company is in the UAE. The whole reason for using Transferwise was because I couldn't open an account anywhere else I tried.

I forgot to mention I cannot open a business account for this company. The only way I can receive funds is to a personal account.

Transferwise are claiming they will only refund money from my business account to a bank account under my business name. I don't have such an account, do I assume these funds are now lost, even if I am the sole shareholder? Has anyone else had any success in this situation?

The jurisdictions are Belize, Seychelles, Cyprus. There has been no trading activity.

I have been quoted $23k by the provider to dissolve the structure, and threats of legal action if I don't pursue. My belief was that I can simply choose to not pay the renewal fees?

Interested. With which bank?

Second TW. Ebury declined my application without reason for UAE company.