Quote:
Originally Posted by EliteWebmaster
I used to have my offshore assets at UBS in Singapore up until a couple of years ago when they signed an agreement to willingly provide tax information about account holders to US, Germany and others. So it defeated the purpose of having an "offshore" account 
If your friend is Indian, then tell him to try a Luxembourg bank as most of them seem to cater to Indians and their needs.
Most people think it's trendy and boast Cayman islands for offshore accounts. Yes if you are a drug dealer  , but I prefer putting mine in BMI in Seychelles.  |
Thanks for your input.
any specific bank in Luxembourg ?
any contact to open offshore account there ?
why you prefer BMI in Seychelles ? any specific reason ?
Quote:
Originally Posted by Bladewire
Bitcoin instant transfer with small commission?
|
what if affiliate is asking to be paid by wire transfer ? so no bitcoin option.
Quote:
Originally Posted by EliteWebmaster
That's true, they have one of the highest wire transfer costs. I should have mentioned it in my recommendation because if his Indian friend is a small time affiliate, then those fees would eat him up  But as far as "Indian Friendly" banking, Luxembourg is the way to go if he can swallow the wire fees. They are great banks, just not for my uses |
he reiceves majority of funds via payoneer , so may be he can later change the withdraw information in payoneer to his new bank account.
any high fees for sending wire transfer ?