Offshore Banking

[Alpha.]

Swiss or Luxemburgh if you wanna go safe, bear in mind it will also be more costly than other bank accounts of course.
Other options would be isle of man or Jersey.

Dude, Ive fucking told you. Go to Zurich, Switzerland... they have privacy policy for your deposits (as long as they are large) and they wont ask a question. Furthermore, nobody will know about it, they have a strict security policy.

If you really think its worth it, go there... if not just hide it under your bed or in a safe, providing you are not talking about millions.

Wow seriously? Watch a lot of hollywood movies do you?

The swiss privacy policy has long gone. The number accounts ended sometime 2001, the anonymous normal account in 2009 and the last "privacy" they had ended last year. Telling someone to put his money in a swiss account is a sure way to get a visit from the IRS.

Same goes for Cyprus and Liechtenstein who both gave up their privacy policies in the last months.

Europe's days as a tax-haven are gone!

I honestly don't know why you need a offshore account anyway? They're expensive and not suitable for your needs (paying a house, car etc with money from a offshore account is pretty hard in most countries). Just use Payoneer...

 

[W9go]

why not consindering making the money legal .. pay tax for it and then you can use it for everything you want.
if you buy a house and pay cash - i dont know in your country - but here the chance is high that they ask where its from ,they like to se the bank transactions where you had it and so on .....
when you have no income and show the transactions you can have big problems. but maybe in SA its different.

basicly you will not get a anonymous bank account. if you open a bank account for excample in swiss then your home country will not find out. but the problem will be how you transfer the money.

 

[euros123dotcom]

Wow seriously? Watch a lot of hollywood movies do you?

The swiss privacy policy has long gone. The number accounts ended sometime 2001, the anonymous normal account in 2009 and the last "privacy" they had ended last year. Telling someone to put his money in a swiss account is a sure way to get a visit from the IRS.

Same goes for Cyprus and Liechtenstein who both gave up their privacy policies in the last months.

Europe's days as a tax-haven are gone!

I honestly don't know why you need a offshore account anyway? They're expensive and not suitable for your needs (paying a house, car etc with money from a offshore account is pretty hard in most countries). Just use Payoneer...

BINGO! This guy knows what he is talking about.

Basically this question (how to deposit money/transfer/anonymously) is what keeps cartel/mafia members awake at night. It is not without reason that Governmental agencies go first after the money flows, because that is how you track people (the old adage: "follow the money").

Heck, I worked 2 years as an financial auditor and that is where they spend most of their time: figuring out how people try to hide money and cover their tracks. There are whole departments of specialists for this, it's called financial forensics.

If you have no idea what you are doing and ask some random strangers on a internet forum: good luck!

 

[Ixidor2016]

I can't wait for the day bitcoins go mainstream.. all troubles like this will be solved

 

[Theodore]

Dude, Ive fucking told you. Go to Zurich, Switzerland... they have privacy policy for your deposits (as long as they are large) and they wont ask a question. Furthermore, nobody will know about it, they have a strict security policy.

If you really think its worth it, go there... if not just hide it under your bed or in a safe, providing you are not talking about millions.

Seriously dont give advice about something you dont know nothing about, Swizz bank accounts haven't be secure since the 90's... This guy might take your advice and actually go there and lose it all, please think before you type.

 

[SkyrocketSEO]

Anyway, how would I use this money? I mean, I can't use debit card, or online transfers, etc... right?

Have you been living under the rock? Ever heard of http://www.payoneer.com/?

 

[JohnPearson]

I thought about offshore banking because of its secrecy and safety, once its a problem having it in normal banks. I've had already red about the weakening of the bank secrecy mainly in europe.... The biggest problem for me is because they would ask for a document proving the money is clean.... I won't be able to provide it...

Im not takimg any path anyone says before deep searching...

 

[euros123dotcom]

I thought about offshore banking because of its secrecy and safety, ...
...

You can't have "bank" and "secrecy and safety" in the same sentence. Banks are neither secret nor safe. Offshore only says that you are depositing your money in another place, instead at your home country, preferably in a place where regulations/laws/rules of individual banks suit your situation more than the banks at your place. But there are some basic principles/laws that all Banks follow. It is a trade-off situation: you choose another country, because there are more advantages than disadvantages.

With trade-off I mean: maybe your highest priority is to move money out of your own country without the possibility to track it back to you, but you are not so interested in saving taxes or other things, then some countries offer this possibility more than others, but you will have to pay higher taxes. The question is: what are your priorities?

High net worth individuals or organized criminals usually use offshore banking in combination with other methods to cover the tracks about the origins of the funds. People looking for a good offshore place usually want reduced or no taxes, low regulatory laws, secrecy laws, high connectivity to international cities/financial markets, low corruption and political stability. Back in the day you could deposit money in Iraquian banks for high interest rates and without showing any papers (I called them up) - but they where anticipating the upcoming war (Saddam was still governing) and how would you get your money? You get the point.

It is a combination of things you are looking for in combination with the right procedures. Not only the place is important, more important are the procedures how you move the money in and out.

Good luck to you.

In regards to your biggest problem: proving the money is clean. This is not a problem if you deposit in chunks that are less than 10.000 €, but then you cannot deposit 9.900 each other day, as that will also cause red flags to go up and they will freeze your account until you prove where the money comes from. That is why most individuals/organizations in your situation dedicate more time/resources on the how than on the where. Can't write anymore than this on a public board. This is general stuff that you could have read up (with lots of time).

 

[JohnPearson]

I added you in skype euro123dotcom.... Just waiting for your accept

 

[larrydetuvi]

Get on a plane out of the country to another country - safe deposit box - leave money - then fly home.

forget about an actual bank account - they aren't anonymous when someone is tracking you down -- really safe deposit boxes aren't either - but its alot simpler to get done.

^ This. Or just dig a hole and hide it.

Now a days, the only way to keep money anonymous is with cash. If you want to save it, save your money in gold, forgein currencies, etc. If you seek being anonymous, this is the way to do it legal.

 

[crii113]

Buy a cube of gold, go visit goldsmith and turn it into an iphone case and paint it black.

Go anywhere.

 

[JohnPearson]

Hahaha, iphone case..... Very nice..

 

[euros123dotcom]

Buy a cube of gold, go visit goldsmith and turn it into an iphone case and paint it black.

Go anywhere.

Buy a bunch of raw diamonds, stick them into a bag of coughing drops (they look almost the same!) and travel anywhere. No ringing at the airport or anything suspicious...

 

[JohnPearson]

Euro123dotcom talk to me on skyyyypeee plzzzz haha

 

[euros123dotcom]

Hey JohnPearson, I am online right now.

 

[goldensboy]

is cyprus now doomed as a banking haven?

 

[bazookaa]

use on paypal. and withdraw the funds

 

[Alpha.]

I thought about offshore banking because of its secrecy and safety, once its a problem having it in normal banks. I've had already red about the weakening of the bank secrecy mainly in europe.... The biggest problem for me is because they would ask for a document proving the money is clean.... I won't be able to provide it...

Im not takimg any path anyone says before deep searching...

It's not just "mainly in Europe" it's a world wide movement to stop money laundering. You think of offshore banking as a Wells Fargo bank on an island, with a debit/prepaid CC that you can just use for normal shopping in Walmart! That's not what it is... If you're money is offshore, you can't just use online banking to pay your bills (well you could, but the IRS would be sitting in your living room shortly after that) or buy a house/car etc...

Also, what you don't understand is what it costs to setup a decent offshore banking solution... how much do you want to move around? under 10k? Then forget it!

is cyprus now doomed as a banking haven?

One simple google search would answer that question.. Keep your money out of Europe!



Have you ever heard of Payoneer? Check them out, they even have a support thread here on BHW, the support guy (Nissim) is a helpful bloke. It should be the solution to your problems.

 

[WeEDreeM_]

start use payoneer ,You can take out from paypal,You can sent to other country bank,if You are verified person daily limits are 2milions to send and receive.In my country Latvia 25-45% LTD use it to dont pay taxes for governament,they pay minimal salary for workers and 2-3 more part sent to payoneer cart.

 

[raffael213]

I'm in Romania and I work at a bank and the maximum amount that you can send or deposit in your account is 15k per transaction, without someone ask you from where you have the money or who is the real beneficiary of that amount.
So it's a good way to keep your money safe, in a real international bank, with full access to them anytime you want.
Also check in other countries, because they all have similar politics, but it depends on the amount that you want deposit everytime.

Also at the source of the money you can say that you are receiving consultation fees or payments for consultation services.

Good luck!