Hello,
since I moved to Malta, many banks ask me for the reference letter.
Now there is an problem, my home bank, that was used for private transactions in Germany are denying an reference letter and no one feels to be responsible for the letter, so they are not giving me this important letter. But I was a good business customer at other business bank before, that was 2009 until 2013. Is it too late now to request? Havent got an reply from there either. My auditor tells me in email that i am in good standing before, had good records with the govt, etc... but when i asked her to write this on the paper and sign it, she went slient.
How can I solve it in efficent manner? Can I sign up with Revolut / Transferwise and ask reference letter from there 1 year later?
There are too options:
a) you can open a bank account for instant in Cyprus, wait a few months and then get the reference letter. I have done that.
b) you can get a reference letter which is fake, most often it works since the bankers requesting it not really check if it is real.
negon said:There are too options:
a) you can open a bank account for instant in Cyprus, wait a few months and then get the reference letter. I have done that.
b) you can get a reference letter which is fake, most often it works since the bankers requesting it not really check if it is real.
a) thank you for info, but the bank of cyprus are not giving accounts to an offshore company anymore, the company must have an office within the cyprus now, if they want to apply an bank account from bank of cyprus
b) It is an dangerous route, what if the bank find out afterwards that the bank reference letter is fake? He might close the account immediately.
devnull said:a) thank you for info, but the bank of cyprus are not giving accounts to an offshore company anymore, the company must have an office within the cyprus now, if they want to apply an bank account from bank of cyprus
Oh my, this is bulls**t.. not sure where all get this from. You can check in the forums for "Cyprus company formation" there was posted how it works now. What you speak about was from summer 2018 and it changed a few months later.
devnull said:b) It is an dangerous route, what if the bank find out afterwards that the bank reference letter is fake? He might close the account immediately.
I agree, for 6 years one of the banks I have been working with have not find out at all. Considering that I have send at least 70 and even more reference letters to people during the years and no one has reported any troubles yet, then I consider this to be a very small risk.
Thanks negon,
I will try to contact Bank of Cyprus, but i did not find a direct email contact to them, so I assume, i have to go there in person?
Yes & No, you need an introducer otherwise you will have to go there in person, even then, I doubt they will speak with you, but it's worth to try if you are near by.
Oh, thanks for mentioning it. I know an Offshore Formation service, that I work with it since 2016. They can be the introducer.
devnull said:Oh, thanks for mentioning it. I know an Offshore Formation service, that I work with it since 2016. They can be the introducer.
So you want to use that introducer to get started.
Don't even think of a fake one. Banks are absolutely checking out the authenticity of the letter, they send special request via SWIFT to the issuer bank, and sometimes the issuer bank will miss it and you need to act as a middleman and push both parties to communicate faster. I had this exact experience with Bank of Valetta, it took them month to validate reference letter.
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