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Sols

Staff member
Mentor Group Gold
No KYC isn't an option. Hasn't been for decades.

Cashing out crypto into most offshore banks won't work. They don't have the risk appetite for it.

If it's millions, you can try Bank Frick.

If it's 100,000 – 5,000,0000, you can try SEBA.

For amounts under 100,000, the easiest is probably some crypto friendly EMI like ConnectPay or Verifo to receive the funds and from there transfer to another account. But the final recipient bank still might not like that the money is coming from crypto. Be prepared to have to declare the source of the crypto at each step.
 
No KYC isn't an option. Hasn't been for decades.

Cashing out crypto into most offshore banks won't work. They don't have the risk appetite for it.

If it's millions, you can try Bank Frick.

If it's 100,000 – 5,000,0000, you can try SEBA.

For amounts under 100,000, the easiest is probably some crypto friendly EMI like ConnectPay or Verifo to receive the funds and from there transfer to another account. But the final recipient bank still might not like that the money is coming from crypto. Be prepared to have to declare the source of the crypto at each step.
I mean first I sell my Bitcoin into money then I want that money to be deposited into a offshore account. And what are the policies for example in Panama like how much could I deposit without them reporting it or getting red flagged?
 

Dreamy

New member
No KYC isn't an option. Hasn't been for decades.

Cashing out crypto into most offshore banks won't work. They don't have the risk appetite for it.

If it's millions, you can try Bank Frick.

If it's 100,000 – 5,000,0000, you can try SEBA.

For amounts under 100,000, the easiest is probably some crypto friendly EMI like ConnectPay or Verifo to receive the funds and from there transfer to another account. But the final recipient bank still might not like that the money is coming from crypto. Be prepared to have to declare the source of the crypto at each step.
Seba - you mean this https://www.seba.swiss/? Private person can just come to this bank, open an account and send there money for example from Binance without questions?
 

bossTrader75

New member
my lawyer said they only Reporting CRS to non residents

if you have cedula here and do not tell banks you have income in another country or tax residence they dont have to report : )

same as Dubai dont report residents : )
 

bossTrader75

New member
you can put 10-30 k maybe in one mounth to privat bank account if they ask you plan to buy home and use it for downpayment ..for bigger amounts they could make probs and start ask for source of funds etc : )
 
Offshore Bank Accounts
DLS Dubai Company Formation and banking solution
DLS Dubai Company Formation and banking solution
Offshore Bank Accounts
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