How transfer funds without exposing my bank account

[jonage]

I wonder if using intermediate EMIs for transferring funds to a third persons/companies bank account is the best way to hide the location of your bank account whether is offshore or not.Any ideas please?

 

[David97255]

You can, it's called a layer. It works. The beneficiary will not be able the origin bank.

 

[void]

I don't know if it's the best way but it's definitely an efficient one. Transferwise or mistertango will serve well for this purpose.

 

[Internationaloff]

I wonder if using intermediate EMIs for transferring funds to a third persons/companies bank account is the best way to hide the location of your bank account whether is offshore or not.Any ideas please?

Reasons to hide the location of your bank account?

 

[jonage]

Reasons to hide the location of your bank account?

Main reason tax payment but without exposing the origin of my offshore account

 

[jonage]

Main reason tax payment but without exposing the origin of my offshore account

What I have in mind is offshore bank account transfer to EMI then transfer to local bank account and finally local tax payment

 

[Martin Everson]

What I have in mind is offshore bank account transfer to EMI then transfer to local bank account and finally local tax payment

That will still leave a digital footprint for taxman.

 

[jonage]

That will still leave a digital footprint for taxman.

Thank you very much for the reply @Martin Everson but I see no alternative..

 

[negon]

You want to use TransferWise or similar services to do this!

 

[Martin Everson]

Thank you very much for the reply @Martin Everson but I see no alternative..

You will leave footprints in option 2 and 3 but they won't see the account you sent from without them putting in effort to get the info.


Option 1.
Buy crypto and then use a crypto to fiat EMI to wire the money to them.

Option 2.
Depending on how much money you are sending then send via a money changer that does outbound wires and pay in cash at counter.

Option 3.
Pay via leupay or any EMI that allows you to fund by prepaid card.

 

[extremedox101]

You want to use TransferWise or similar services to do this!

i started to send today with transferwise , i didn't want my bank know the origins of funds .
i use paxum (adult) i'm not sure if they can be traced but most of times they use middle banks to send funds .

on the other hand transferwise don't like adult , but i dont care now ,i will split the amounts and see how it goes.

 

[jonage]

You will leave footprints in option 2 and 3 but they won't see the account you sent from without them putting in effort to get the info.


Option 1.
Buy crypto and then use a crypto to fiat EMI to wire the money to them.

Option 2.
Depending on how much money you are sending then send via a money changer that does outbound wires and pay in cash at counter.

Option 3.
Pay via leupay or any EMI that allows you to fund by prepaid card.

I'm much obliged for the useful info. I think I prefer option 1. Do you have in mind any particular EMI ? I am in Europe.
MisterTango maybe ?

 

[jonage]

i started to send today with transferwise , i didn't want my bank know the origins of funds .
i use paxum (adult) i'm not sure if they can be traced but most of times they use middle banks to send funds .

on the other hand transferwise don't like adult , but i dont care now ,i will split the amounts and see how it goes.

Paxum is similar to Revolut or TransferWise ?

 

[extremedox101]

Paxum is similar to Revolut or TransferWise ?

neither , paxum is more like payoneer but with additional services + not crypto friendly.

 

[Black opal]

You can, it's called a layer. It works. The beneficiary will not be able the origin bank.

hey david I sent you msg on whatsapp kindly confirm . Thanks

 

[Black opal]

Reasons to hide the location of your bank account?

hey I am new to this forum. need help to find DM option here ? any one ?

 

[Martin Everson]

I'm much obliged for the useful info. I think I prefer option 1. Do you have in mind any particular EMI ? I am in Europe.
MisterTango maybe ?

Yes MisterTango is best as outbound wires are sent in your name or company name.

 

[MrTony]

Yes MisterTango is best as outbound wires are sent in your name or company name.

And outside SEPA too?

 

[Martin Everson]

And outside SEPA too?

I didn't think MisterTango offered anything but SEPA outbound wires? I have not actually tried to send outside SEPA area.

 

[jonage]

Thank you all for the useful informations