Withdraw high balance Virwox to bank account ?

[Adam14]

Hello,
I have currently 35,000$ in my Virwox . My question is how i can withdraw the money using bank transfer from it. I have to open an offshore account ?

Thank you in advance.

 

[mrBobby]

Would just open a EMI and withdraw it little by little to it. Offshore account sounds like over kill. That's an insane amount to have on virwox lol.

 

[Adam14]

Would just open a EMI and withdraw it little by little to it. Offshore account sounds like over kill. That's an insane amount to have on virwox lol.

Insane amount to have on virwox ?
Which IMEs do you recommend?
Thank you

 

[mrBobby]

Insane amount to have on virwox ?
Which IMEs do you recommend?
Thank you

Insane because I always thought virwox was mostly used for small amounts, but i guess not. As far was which EMI, I don't know what to suggest in this position, I think any should be fine.

 

[W4rhol]

Split that amount in 4/5 different EMI (Stay under 7.500 usd per account and transfert).

 

[Adam14]

Split that amount in 4/5 different EMI (Stay under 7.500 usd per account and transfert).

If i create an offshore bank account in Mauritius , Possible to send all the money in one transfer ?
(I'm a noob)
Thanks

 

[W4rhol]

If i create an offshore bank account in Mauritius , Possible to send all the money in one transfer ?
(I'm a noob)
Thanks

I'm not an expert about that jurisdiction, but in my experience, split a such amount in 4 or 5 times will not raise any questions from the bank or the EMI or Virwox.

Except if it's just a company (who belongs to you) and you move the funds to another account, but maybe Virwox can become a pain in the a*s a blocked the wire transfert.

 

[JohnLocke]

Open an EMI with IBAN or normal SWIFT account, you need to know the SWIFT code which is provided by the EMI provider if available.
Check for instant Revolut if they have own SWIFT code.

Otherwise you can open a bank account with a real bank in your name and get the money that way.

 

[Adam14]

Open an EMI with IBAN or normal SWIFT account, you need to know the SWIFT code which is provided by the EMI provider if available.
Check for instant Revolut if they have own SWIFT code.

Otherwise you can open a bank account with a real bank in your name and get the money that way.

What kind of bank account ?

 

[JohnLocke]

You may go for a Cyprus bank account if that is still possible otherwise open a Revolut account or even Mister Tango account, the last two can be opened almost instantly and have been working just fine for me.

 

[LucyOffshore]

As others have said split the transfer into smaller parts. Especially if you are going to be using a completely new bank account for it, You don't want the transfer to be frozen by the bank/EMI or even worse, rejected and returned back to Virwox.

If in the end you still decide to transfer all at once at least inform the bank beforehand that you are going to do so.

 

[mrBobby]

Just a little recommendation. I think I might take down the image if I were you. To a certain extent you are doxing yourself to Virwox. Though it's unlikely, you wouldn't want them to close your account down because of the associations with this forum and previous posts.

 

[Adam14]

Just a little recommendation. I think I might take down the image if I were you. To a certain extent you are doxing yourself to Virwox. Though it's unlikely, you wouldn't want them to close your account down because of the associations with this forum and previous posts.

It's not my real balance & name i have modify the html

 

[LucyOffshore]

It's not my real balance & name i have modify the html

In reality he has $350k in virwox

 

[Adam14]

In reality he has $350k in virwox

Maybe xD
Are we getting married now ?

 

[LucyOffshore]

hahaha your avatar is very charming, its tempting