Prepaid card with high maximum and no CRS

[greggg]

What is the best solution to be able to debit the maximum amount of cash quickly?

In an institution that does not share information in UE (CRS)

epayservices ? (€8,500 per day)

I need other ideas of solid solutions please

 

[EliasIT]

WoW I don't think there are many, what about the new advertiser in the upper right corner on top of the forum? XACE ?

 

[Fred]

What is the best solution to be able to debit the maximum amount of cash quickly?

In an institution that does not share information in UE (CRS)

epayservices ? (€8,500 per day)

I need other ideas of solid solutions please

SOLO Visa from Bank Of Georgia have 20.000€ daily limit but they have CRS starting from this year.

If you are willing to spend some money on a setup in UAE you can have a local bank account without CRS reporting and 12.500€ daily limit

 

[greggg]

epayservices CRS report ?
and payoneer ?

Thank you for your help

 

[IBO Panama]

SOLO Visa from Bank Of Georgia have 20.000€ daily limit but they have CRS starting from this year.

If you are willing to spend some money on a setup in UAE you can have a local bank account without CRS reporting and 12.500€ daily limit

hi, is Georgia as a country implementing CRS?

 

[Fred]

hi, is Georgia as a country implementing CRS?

Yes they start reporting by 2023.

See list attached.

 

[offz]

SOLO Visa from Bank Of Georgia have 20.000€ daily limit but they have CRS starting from this year.

If you are willing to spend some money on a setup in UAE you can have a local bank account without CRS reporting and 12.500€ daily limit

if you can give me some more details I'm very interested

UAE is part of CRS, how can avoid it?

I have a F.Z LLC there, but i would like to have a non-CRS personal bank accout, next week I'll be there...

 

[Fred]

If the local UAE bank account is opened with the residence Visa - no CRS reporting is triggered.

It's called "residence by investment" and is shielding the CRS reporting despite the fact that UAE is port of CRS since 2018:

Residence/Citizenship by investment - Organisation for Economic Co-operation and Development

www.oecd.org

 

[offz]

ok, good to know that they are not reporting but since my country of origin is one of the most aggressive ever in terms of taxation, I wonder if they should try to attack my assets, could they discover that I am the owner of an account there? and if in 10 years i'll be not resident there any more what's going to happen?

 

[Fred]

ok, good to know that they are not reporting but since my country of origin is one of the most aggressive ever in terms of taxation, I wonder if they should try to attack my assets, could they discover that I am the owner of an account there? and if in 10 years i'll be not resident there any more what's going to happen?

Well I'm German - much more aggressive isn't possible.

Send me PM we can grab an coffe during your time in Dubai and I share some experience with you.

 

[justAnObserver]

epayservices CRS report ?
and payoneer ?

Thank you for your help

payoneer doesn't report via CRS

 

[JamesDonkey]

payoneer doesn't report via CRS

How do you know?

 

[amateur]

payoneer doesn't report via CRS

I am also interested are you sure ?

 

[justAnObserver]

How do you know?

In the past Payoneer was stated that they are EMI, not a bank to perform CRS reports. Also, my country of residence doesn't participate CRS

 

[JamesDonkey]

In the past Payoneer was stated that they are EMI, not a bank to perform CRS reports.

How long in the past? But you assume that it's not been changed by now?