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How to open Bank account for CB direct deposit

Discussion in 'Business & Tax Advice' started by dzoniij, Jun 10, 2009.

  1. dzoniij

    dzoniij Regular Member

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    So I have already received more than 3 clickbank checks and i want open bank account in one of following countries so clickbank pay me via direct deposit I'm from small country Latvia located North eastern Europe I'm EU citizen. My country is no listed for direct deposit option. I want open bank account in one of following countries
    UK
    France
    Germany
    Austria
    Belgia
    Netherlands
    Spain
    And then I can get money from clickbank very fast and i don't have to wait 2 months and more. Best option could be UK bank account but I'm not UK resident can i open UK bank account??? The same question for other countries listed above?
    I think that most bank require arrive in person to open bank account and then Best option would be bank account in germany it is closest country for me. I dont know if it is pssible to open bank account only with passport? In my country I just go in bank show my passport and I got bank account in 10 minutes but how about other countries???If there is somebody from countries listed above can you tell me what are requirements for opening bank account????
    Thanks in advance for any answer.
     
  2. minute80

    minute80 Regular Member

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    Here are few possibilities that you have:

    1. Find a branch of large international bank in your country (like Citibank) and ask them to opet an account in your name in foreign country of your choice.
    2. Try to open an account with Lloyds offshore bank:

    Code:
    http://www.lloydstsb-offshore.com/
    
    I cannot tell you much about first option, since it is not usable for me.
    I investigated second option, but in the end decided not to follow it (I found easier ways to receive money, altough not through CB). Why? This bank enables you to open account, and (I think) deposit checks, however they are very boring with all the security checks: they asked me for my bank statement, proof of address copy of ID and copy of contract between my employer and myself, which was over the top. The reason for that could be in the fact that I mentioned to use bank account for Internet business, which freaked out the lady on the phone, so I would suggest that you under no circumstances mention that - the best answer is that you need offshore bank account as you plan to travel a lot soon and want to avoid currency exchange charges. The after you get it, just ask them to cash your checks for the same reason.
     
  3. QualityPlacements

    QualityPlacements Junior Member

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    You can open up an ETrade US Bank account without being a US citizen. This does work with PayPal deposits. If you want more info, PM me and I can guide you in the right direction.
     
  4. minute80

    minute80 Regular Member

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    QualityPlacements: can you check on that? From the last I heard, ETrade has explicitly forbidden the use of their account for PP.
     
  5. blight12

    blight12 Regular Member

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    I currently use Etrade securities account with paypal...

    Where do you see that have forbidden it?
     
  6. dzoniij

    dzoniij Regular Member

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    I have read about etrade here was one thread as fasr as i understand this option is no longer available maybe in past???....
     
  7. QualityPlacements

    QualityPlacements Junior Member

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    Ya in the past it was a little different but with ETrade Securities Brokerage Account, you can open up one. I know of someone who knows the specifics on setting one up and will even help you also. If you want his contact info, PM me.

    I know it does work though, theirs just a few minor steps to actually make it happen when your setting it up.
     
  8. mrobeng

    mrobeng Registered Member

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    I also heard the etrade bit no longer works. Are you sure it still works cos I'll be very interested. I've found one of the major stumbling blocks in my path has been the fact that I don't have a PP accont. If this will help, then I'm sending you a pm for the details.
     
  9. dzoniij

    dzoniij Regular Member

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    OK I need bank account so I can deposit money from CB I need ATM card so i can withdraw money anywhere in world and internet banking. Is this all possible with this etrade? What documents are required from me???
     
  10. dzoniij

    dzoniij Regular Member

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  11. dzoniij

    dzoniij Regular Member

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    OK it seems problem solved in extremely easy way. I contacted clickbank and they agreed to do wire transfer to my country. They will charge 35$ for each wire transfer and will wire money only then when my balance reach 500$/+ which is not problem for me.
    And i spent several hours reading all information how to open bank account in other countries and finally find that it was so easy to solve this problem ....