Hello,
Possible to recommand me a safe & clean provider to open an individual cyprus account to deposit approximately 30,000$/month
PS : What's the difference beetween an indivual account and company account ?
Thank you in advance.
Cyprus banks nowadays ask for proof of funds for every transfer and special for new clients and amounts more than 10k EUR.
If you going to deposit each month this sum you need to prepare papers that cover your business to be white in their eyes.
I had opened personal bank account myself by visiting one of branch personally some time ago. And they really asked a lot of questions for money source. So now more complex task is come: how to hide some grey or other (what they don't like) activity before initiate transfer.
Actually, I'm thinking about opening bank account in some another place, where banking system (or some specific bank) is more loyal.
Important is where the funds come from and how they were generated?
Are we talking euros or dollars? (Handling of dollar transactions by banks carries extra due diligence)
A personal account with incoming 30k a month when most people would be lucky to earn that in a year in Cyprus will not work out well without a legitimate source.
It's always advisable to open a business bank account regardless if it is Cyprus or any other country you open an account in and with these amounts!
If you receive USD to an EUR account they get exchanged automatically by the bank, so it's not really a problem.
So with the setup : company in Belize + Offshore bank account in Cyprus with all documents (Passport Utility bill etc ... No under my name). It should works fine ?
30k-50k will come in the bank account every month. It's just to get the money, I'll recover in cash from there. There's nothing better than cash;)
So with the setup : company in Belize + Offshore bank account in Cyprus with all documents (Passport Utility bill etc ... No under my name). It should works fine ?
30k-50k will come in the bank account every month. It's just to get the money, I'll recover in cash from there. There's nothing better than cash;)
You need good story for the bank about your business.
Unlikely that any bank will receive officially money from warez.
And then you need to invoice sender to prof that money from your business and they are legal.
If you could hide your warez activity it will be fine.
Also not sure how you will open bank account without your name on documents. It's a not EMI and this thing will be much harder
You need good story for the bank about your business.
Unlikely that any bank will receive officially money from warez.
And then you need to invoice sender to prof that money from your business and they are legal.
If you could hide your warez activity it will be fine.
Also not sure how you will open bank account without your name on documents. It's a not EMI and this thing will be much harder
An offer from a respected and trusted member on the forum. Why not test it. I don't have a thousand solutions... I just hope it works.
I would be very worried if I was in your position. The US is known to conduct sting activities and then follow the money. By touching USD you are having funds cleared via US banks at some point in the flow and hence giving jurisdiction to US. If warez are also from US and servers and communication passes via US servers, plus using shady docs the string of offenses they could hit you with is terrifying.
At the end of the day there is no best provider, there are providers which suits your needs and then there are providers that only do what you ask them, to setup a company!
