Recent content by zuyderz

Osome has been wonderful for setting up an HK company for me and managing it (accounting, audit, etc) They have different tiers of service and I'm on one of the lowest, about 10K HKD per year.

Citi UAE service is bad, but all UAE bank service is bad. The Citi UAE Gold service is slightly better. They're generally polite and resolve most issues in a few days to a week. They have only a few branches and not many ATMs in UAE. Also once you achieve Gold status if you withdraw the...

IBKR is easy for UAE residents. They will need your ID, UAE residence visa, utility bill, bank statement

IBKR as long as you do more equity trades than cash forex, or they'll shut you down because the $2 forex commission isn't worth their time managing AML.

Talk to John C. at IBKR. Really helpful guy, who will find your answer. John C. Cracraft Sales Representative Interactive Brokers Corp. A Member of the Interactive Brokers Group 203 618 5971 [email protected] www.interactivebrokers.com 3 Pickwick Plaza Greenwich, CT 06830

My spouse recently changed tax residence for her IBKR account. IBKR required her to first open a new account with the new residence info and then authorize the transfer of all the assets from the old to the new account. Was a fairly simple process.

I have used IFX in DIFC for forex for purchasing property in UAE. They will easily beat the best bank rates. My contact there is Katie: Katie Triggs Associate Director - Key Partnerships Manager Office 401, Index Tower West, DIFC, P.O. Box 507009, Dubai, UAE tel +971 (0)4 323 1894 mob...

Absolutely correct. IB closed one of my accounts that had only been used for FX after a few years. So keep in mind that IB needs to earn some revenue on your account, from trading or on your balances, or they'll likely close the account after a while if it is mainly used for FX and transfers.

Interactive Brokers lets you deposit EUR, trade EUR.AED in the IDEALPRO exchange (where the bid/ask spread is just a few pips) for 7.35 AED per trade and wire out AED proceeds to UAE banks. You get one free wire out per month.

BofA, Citibank working fine for me. Opened accounts in person

Carrier: Bandwidth/4 - Bandwidth.com - Sybase365 Is Wireless: n

tossabledigits.com SMS works with all my banks (Citi, BofA, Chase, CapOne). $40 a year

Interactive Brokers for large amounts and even for smaller amounts (sub $25K) lets you make the physical currency trade at the spot market rates the banks get, and withdraw the proceeds in most major currencies including AUD, CAD, CHF, CNH, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, MXN, NOK, NZD...

I opened a Wise account a few months ago with my UAE residence and it works great.