Recent content by Fred

Hello @Alutra , we can assist with our Crypto Cash Out Scheme. Just reach out via E-Mail or Messenger and we see what's working best for your individual situation.

That's correct. For reliable card processing in USD we indeed use local Panama Banks as they have a quite high risk appetite and settle instant to your Business Bank Account in Panama. Fees can be negotiated. However for SWIFT Transfers we prefer Hong Kong and UAE as Banking Jurisdiction as...

Your Russian Citizenship is not the Problem for sure - we see even low risk Banks meanwhile onboarding Russian Passport Holders with a well known and streamlined Residence for Russians nowadays - UAE for example. If you get a UAE Residence and open Business Bank Account you even get Stripe...

Thanks to all of you guys reporting back here - IFZA tries there look - I guess it was just to uncomfortable for them to keep working with us as we always forced them to work properly. Dubai, UAE is still a great place but you need to know how to act and operate - even 0% Tax can be still...

Panama Banks are not the best to work with - don't get me wrong they are proper banks in the South America region and not only in Panama but the Compliance is not streamlined, Wire Transfer turnaround time is slow - usually taking 3-5 Business Days for a USD SWIFT Transfer while Hong Kong to UAE...

Sounds like the typically Caribbean Shell Bank Banking Experience. Others in Forum claim that the Owner of the Bank is a major Guy in Gold Industry from Nigeria and the Correspondent Bank from Egypt and Turkey are serious as well. Most likely you are not the only customer of the bank...

Yes.

0% Tax PANAMA Offshore Company all-inclusive Offshore Company Formation - no Audit & Accounting requirement with NON-CRS Bank Account (No Exchange of Information). 1. Offshore Company Formation in Panama - 0% Corporate Tax, 100% Privacy (No Public Company Register), no Audit & Accounting...

They are OK for USD and EUR Transactions and major Crypto Exchanges like Kraken and Bitstamp have no problems with Panama either - both exchanges have Customers Bank as Correspondent Bank and onboard Panama Residents to Kraken BVI and Bitstamp BVI entity. Talking Personal Bank Accounts...

Yes, Serbia Banks are not the best to work with - back then Serbian Clients claimed weeks of Processing Time for SWIFT EUR Payments from UAE to Serbia.

Problem with this is similar to Channel Islands with Jersey, Isle of Man etc. that still majority of the Banks don't use SEPA Transfers - for Example in Channel Islands I'm only aware of Barclays International having SEPA Payments while Standard Bank International, Santander Bank International...

Please report back here once it's solved - I'm interested to see the turnaround time.

Hi @FreedomSearcher , couple of our clients in the past had exactly the same issue - not even with HSBC Expat in Jersey but all across the HSKC Jurisdictions they had an account for example in Hong Kong as well. Long back and forth with bulls**t compliance questions followed from silence...

Keep me posted about how the service is going for you.

Yes - this can be the case as ENBD and Mashreq did offer to open for Panama Offshore Company as well for being a good client they make with Cards, Loans and Investments good money off from. Unfortunately nothing scalable and something you can opt or provide on a commercial scale - however it's...