EMI annoys with tax documents?

[reimmarkus]

Hi, does anyone know an EMI that doesn't annoy it's customers as soon as 6-7 figures go through the account by asking for tax related documents such as tax returns? IMO this is too much to ask for an EMI.

Anyone knows one?

 

[JohnnyDoe]

You don’t want to deal with such an emi, if it exists, because it will soon be in serious troubles.

 

[reimmarkus]

You don’t want to deal with such an emi, if it exists, because it will soon be in serious troubles.

From your experience which bank has annoyed you the most with document questions and which the least?

 

[JohnnyDoe]

From your experience which bank has annoyed you the most with document questions and which the least?

I am not the right person to ask this question. I currently have 4 ongoing litigations with 4 banks in 4 different countries
Keep your money in crypto. Not your wallet, not your money.

 

[reimmarkus]

I currently have 4 ongoing litigations with 4 banks in 4 different countries

Is it because they freezed your money and don't release it?

 

[JohnnyDoe]

Is it because they freezed your money and don't release it?

It’s that and other bad things they did. See for example my thread about TeraBank.

 

[Forester]

Hi, does anyone know an EMI that doesn't annoy it's customers as soon as 6-7 figures go through the account by asking for tax related documents such as tax returns? IMO this is too much to ask for an EMI.

Anyone knows one?

It's impossible to give a valid general answer, I am afraid. The inquisitiveness of an EMI (or a financial institution in general) depends heavily on the country of incorporation of your company, the business you are in, the nationality and residence of UBOs and directors, your history and some other factors.
For example, Currenxie never even asked for financials for one of my companies running 6 figures with them and concurrently I witnessed another company (of my business partner) not being accepted even after quite a thorough investigation.

 

[reimmarkus]

Currenxie never even asked for financials for one of my companies running 6 figures with them

From which country is your company?

I witnessed another company (of my business partner) not being accepted even after quite a thorough investigation.

Was that also with Currenxie? And from which country was his company?

 

[Forester]

From which country is your company?

This company is a Cypriot one.

Was that also with Currenxie?

Yes, it was – this is the reason for what I have mentioned it

And from which country was his company?

Romania, IIRC. But I think the company jurisdiction was not the root of the problem.

 

[reimmarkus]

See for example my thread about TeraBank.

Did you sue TeraBank with the help of an english speaking lawyer who lives in Georgian?

 

[JohnnyDoe]

Did you sue TeraBank with the help of an english speaking lawyer who lives in Georgian?

Yes

 

[Sdrak]

I am not the right person to ask this question. I currently have 4 ongoing litigations with 4 banks in 4 different countries
Keep your money in crypto. Not your wallet, not your money.

if you keep your money in crypto how do you invest it?

 

[JohnnyDoe]

if you keep your money in crypto how do you invest it?

I invest fiat with the purpose of buying more crypto and having fiat cash available when needed.