Offshore vaping company for EU resident.

[snorgl]

Would like to have some ideas and opinions.
I have a supplier in china and i would like to sell vaping products for my customers in EU.
But there 's a catch. Some of my customers would like to buy my products with (physical) cash.

How could i take this cash and have it to a bank account for future purchases?
Direct bank deposit is not an option.

Sorry if the explaining is messy.
Thanks

 

[catslover]

Your question is how to charge this people, or what to do with the cash money once you charge to them?

 

[NicolasMaduro]

Many banks have ATMs where you can deposit cash. However, its not really suitable for more than 1k eur per month. Sooner or later your account will be closed and you will be reported to AML agency.

Cash is not a part of the future

 

[snorgl]

Your question is how to charge this people, or what to do with the cash money once you charge to them?

What to do with the cash.

 

[reallyawesome1111]

Does your supplier take wire transfer only? Could find exchanger on a p2p site, convert to crypto and pay with that.

 

[snorgl]

Does your supplier take wire transfer only? Could find exchanger on a p2p site, convert to crypto and pay with that.

Only takes wire

 

[JimBeam]

Would you form a company for your business in EU and where?

Is this product licensed to be sold in EU?

Do you plan on opening a retail shop where you would sell these products?

I hoe that "NO" is not the answer to all 3 questions..