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Recent content by smbdoff

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    Pros & Cons of Nevis

    It's not rubbish, if you don't live there, they will block your account. And this comes from first hand experience when they blocked accounts for folks who have a permanent residency in XYZ country, but don't live there. Or at least you have to create an illusion that you live there so that...
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    Pros & Cons of Nevis

    I'm confused. I'm 100% sure that PayPal required a personal address, company address and PayPal account all to be in the same country. I know for a fact that foreigners who have a company in a different jurisdiction from their residency couldn't get a PayPal account approved. You need to prove...
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    Turkish banks - anyone has experience?

    I have a partner in Turkey that cannot send me funds. Their bank blocks the transfers because "it sounds like my company is a crypto business". So the bank basically looked at the name of the company and said they won't make a payment because of they "think" it may be a crypto business (it's...
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    TransferWise alternative to save on FX conversion fees

    Is transferring funds to a personal account in a real bank a bad thing?
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    Anyone dealt with Polish banks + offshore companies?

    I don't believe so. Still would like to know if anyone knows something related to my question. Maybe someone has an EU based company and does banking in Poland? Personal account holders?
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    Anyone dealt with Polish banks + offshore companies?

    Assuming I can get an account open, anyone dealt with them in terms of paperwork? I really have a feeling they may be on a bureaucratic side. The whole point of offshore (at least for me) is lack of bureaucracy. So if I have to go through too much nonsense I might as well just setup a company in...
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    Anyone dealt with Polish banks + offshore companies?

    Setup: offshore IBC and a business bank account in Poland Are Polish banks laid back in terms of supporting documents for incoming/outgoing transfers (like Cyprus was before 2018) or will they annoy you with a never ending requests of paperwork? I mean if you, for instance, can provide only...
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    Offshore Company + TransferWise

    Invoices to 3rd parties is normal. I still don't quite understand what you mean by "datas of my personal bank account where i transfered the funds".
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    Offshore Company + TransferWise

    Do you mean they asked for bank reports of your own bank accounts that you use to withdraw funds? It's not like you have access to bank accounts that belong to other people (assuming the funds came from 3rd parties and went to 3rd parties). Did they ask for this info right from the start or...
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    TransferWise ban my account for trying to buy Crypto

    Sorry if I'm being invasive, feel free to ignore the parts that you don't want to share. - were you able to provide invoices for your incoming transfers that clearly show that the funds are legit? - did you wire the funds to your own account or someone else's? and did you wire all of them? - If...
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    TransferWise ban my account for trying to buy Crypto

    Are you saying you operate an exchange (which is against their TOS) or you setup TW account to benefit from better exchange rates that they offer? I assume they asked for supporting docs for your outgoing transfer? I've read a lot of complains online that TW just deactivates accounts without...
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    Choosing agency to open offshore company

    I wasn't really checking the forum. So I successfully opened the company in 2016 with literally the cheapest offer I could get and I still use the same agency. No issues with renewals, the price remained the same. So I guess it depends. Expensive doesn't equal better in this case, or maybe it...
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    Largest wire you were able to receive using Transferwise

    How do you withdraw funds from your TrasferWise account? MasterCard is only available for EU companies/residents so when you receive funds to your offshore transferwise account, there is no way to withdraw them unless you can send them to another bank account (which defeats the purpose of...
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    Choosing agency to open offshore company

    Yeah, I noticed apostiled documents are generally not a part of the package along with FedEx and sometimes a seal. And I know for a fact that most banks require it. So I'm checking for that. But I can see how some agencies ignore certain aspects on purpose. To be honest, though, the first...
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    Choosing agency to open offshore company

    Assuming everything goes well and I get my company setup and the documents mailed to me, what are the risks of dealing with a no-name agency? For instance, if they start demanding high fees to renew or some other nonsense, can I easily transfer the company to another agency for renewal? I will...