Best offshore bank CIM Bank Review maybe?

[Educate]

How does this bank deal with Russian beneficiary clients for Seychelles offshores in 2018?

 

[Samuel Newman]

How does this bank deal with Russian beneficiary clients for Seychelles offshores in 2018?

they do not accept offshore companies
this bank works with EU companies mostly

 

[bluehorseshoe]

How do you guys manage to use personal accounts in Switzerland - where do you declare taxable revenue? Do you pay tax in Switzerland or home country?

 

[blizz]

Al

How do you guys manage to use personal accounts in Switzerland - where do you declare taxable revenue? Do you pay tax in Switzerland or home country?

ways tax in your home country where you live. Don't forget it or the tax man will come after you!

 

[MrGoodman]

As for me, this bank has gone bad since last year - the account opening process takes several months, they happen to lose the original documents and can suddenly request additional documents. It takes a lot of patience to deal with them.

 

[JohnLocke]

As for me, this bank has gone bad since last year - the account opening process takes several months, they happen to lose the original documents and can suddenly request additional documents. It takes a lot of patience to deal with them.

Did you open a personal or business account with them?

 

[MrGoodman]

Did you open a personal or business account with them?

Business account. I think that the only solution to speed up the process is to transfer the required initial deposit through SEPA, because they cannot hold funds received through SEPA on the temporary account for more than 2 days - so they must either open the account or return back the funds.

 

[Elve]

I did not know where to put this question, but as I saw that Dukascopy bank was mentioned in this thread, I decided to put it here.

I opened a Dukascopy Mobile Current Account a few weeks ago, fast and easy after a video call, but the load limits by default are a joke, 3000 USD per quarter.

However, I do do not need a very high volume, but I would like to deposit in this account 5 to 7k per month and I wanted to ask if someone here has already been able to increase their limits giving as a proof of funds, dividends from an offshore company?

 

[extremedox101]

I did not know where to put this question, but as I saw that Dukascopy bank was mentioned in this thread, I decided to put it here.

I opened a Dukascopy Mobile Current Account a few weeks ago, fast and easy after a video call, but the load limits by default are a joke, 3000 USD per quarter.

However, I do do not need a very high volume, but I would like to deposit in this account 5 to 7k per month and I wanted to ask if someone here has already been able to increase their limits giving as a proof of funds, dividends from an offshore company?

is Dukascopy a bank or trading platform ? right the limit is very low .

 

[Elve]

There are several products and platforms, investment, forex etc, but they have 2 current account offers (standart and mobile):

Dukascopy Bank

Dukascopy Bank

www.dukascopy.bank

Banking :: Dukascopy Bank SA

Forex trading, online day trading system, introducing Forex Brokers, and other stock related services provided online by Dukascopy.com

www.dukascopy.com

But the standard account I think they open it only to link it with an investment account.

 

[Ian]

I did not know where to put this question, but as I saw that Dukascopy bank was mentioned in this thread, I decided to put it here.

I opened a Dukascopy Mobile Current Account a few weeks ago, fast and easy after a video call, but the load limits by default are a joke, 3000 USD per quarter.

However, I do do not need a very high volume, but I would like to deposit in this account 5 to 7k per month and I wanted to ask if someone here has already been able to increase their limits giving as a proof of funds, dividends from an offshore company?

My limit is very low too. I happened to ask the live support how to increase the limit few days ago, here's the reply:

"In order to increase your quarterly limit, we will need you to provide us with a proof of income. Our policy allows to increase clients limits up to 50% of the receiving income. "

But even 50% up is still not enough. I'm kind urge to find a company/EMI/bank that offers IBAN to accept USD wiring. Also I'm Non-EEA citizen. Really appreciate if someone could recommend one. Thanks!

 

[Elve]

I tried showing them the dividends of my offshore company (IT service), and they refused to increase my limit. Dukascopy It is a waste of time this bank.

 

[JohnLocke]

You want to visit them or find someone that has a better business relationship with some person at this bank. They behave like most banks with International clients do at the moment.

 

[bountymounty]

Someone has opened an account with them lately?

 

[Mark Rucken]

Someone has opened an account with them lately?

I have ... in January 2019 for my Hong Kong company and everything has been going smoothly since. Account opening itself was a pain in the a*s and it took me 3 months

 

[Osleak]

Today (13th October) I received my account details 2.5 weeks after I had a video chat (they wanted to see me holding up my passport bio page) with CIM Banque.

So far, no complaints...

Sorry if i answer after 3 years but i’m interested to open cimbanque business account.

How was your experience with them? They are reliable?

And what are the full documents that they have requested to you?

They ask also bank reference? Because in my case this is the first bank account for my company, till now i m working with revolut and transferwise

 

[avalanche]

You need bankers reference letter, professional reference letter, passport copy notarized, utility bill notarized.

So far no notarization was requested for russian passport and no reference letter

 

[Spinat]

So far no notarization was requested for russian passport and no reference letter

Did you get a bank account opened by them, if so, are you able to briefly list what was required?

 

[avalanche]

Did you get a bank account opened by them, if so, are you able to briefly list what was required?

passport, CV, residency doc, TIN document, proof of address

 

[lory]

passport, CV, residency doc, TIN document, proof of address

Would you consider this bank to be valid for offshore companies with paid share capital of 100.000 euro ?