Offshore Bank Accounts
DLS Dubai - Company Formation & Bank Account
UK Ltd with emi bank account
Turner Little - Company Formation Agents
Bank Accounts, Company Formations, Tax Planning, Residency Solutions, and more
CALL US ON +971 50 4467827 - TO SETUP YOUR NON-CRS COMPANY STRUCTURE IN DUBAI.

Hydrogene75

New member
From where did you get the limit of 10,000 Euros?


"Under the earlier legislation, AMPs had anti-money laundering and counter-terrorist financing (so-called “AML/CTF”) obligations only if they were classed as a “high value dealer” – in short, someone who trades in goods and makes or receives a payment of more than €10,000 in cash.2 The 2019 Regulations now impose obligations on AMPs when acting in any transaction whose value exceeds €10,000, and not only in cash.The 2019 Regulations now impose obligations on AMPs when acting in any transaction whose value exceeds €10,000, and not only in cash."

2 The scope of ‘cash’ includes a deposit of money into a bank account, or payment to a third party for the benefit of the transaction party, but not payments by credit or debit card or by cheque.
 
DLS Dubai Company Formation and banking solution

Latest Threads

Offshore Bank Accounts
DLS Dubai Company Formation and banking solution
Top