Nash - NL iban

[JohnnyDoe]

https://nash.io/euro-iban-account/
Crypto friendly NL IBAN with Modulr Finance

 

[rss]

Is there a way to manually input my information? My ID NFC reading keeps failing and it won't let me do anything else after verifying my identity

 

[JohnnyDoe]

Is there a way to manually input my information? My ID NFC reading keeps failing and it won't let me do anything else after verifying my identity

I used my passport and I wasn’t asked to scan the chip

 

[rss]

I used my passport and I wasn’t asked to scan the chip

I will try with my passport then, ty

 

[Forester]

Looks interestingly / definitely worth deeper inspection. Thanks for sharing, @JohnnyDoe!

1) Neon Exchange Aktiengesellschaft (Nash is a trademark of Neon Exchange AG) seems to have nothing common with neon Switzerland AG (the company behind Neon – the Swiss neobank backed by Hypothekarbank Lenzburg) – correct?
2) These 1% fees for fiat onramp/offramp you consider OK? (I am not much in crypto, so cannot perform much benchmark.)
3) No onboarding and/or account maintenance fees, as I can see?

 

[daniels27]

1) Neon Exchange Aktiengesellschaft (Nash is a trademark of Neon Exchange AG) seems to have nothing common with neon Switzerland AG (the company behind Neon – the Swiss neobank backed by Hypothekarbank Lenzburg) – correct?

Yes, they are in different countries and seems no common management etc.
https://handelsregister.li/cr-portal/auszug/auszug.xhtml?uid=FL-0002.578.648-3
https://www.moneyhouse.ch/de/company/neon-exchange-aktiengesellschaft-12352577349
https://zh.chregister.ch/cr-portal/auszug/auszug.xhtml?uid=CHE-318.873.822

3) No onboarding and/or account maintenance fees, as I can see?

All free. Free SEPA, free virtual debit card. Sounds quite attractive as "burner" card.

Quoting the FAQ

https://nash.io/faq/
Which countries are eligible for the Nash Debit Card?
We support all countries where Nash IBAN is available. If you are a resident of Romania, Spain, Portugal, France, Italy, Austria, Netherlands, Germany, Belgium, or the Czech Republic, you can create a debit card. We will be launching in more countries soon, and you will be notified when we launch there.

Does this mean, you can only get an IBAN / debit card if you use an address in those countries? Anybody tried this?

 

[void]

2) These 1% fees for fiat onramp/offramp you consider OK? (I am not much in crypto, so cannot perform much benchmark.)

if I understand it correctly they will let you make SEPA transfers/withdrawals to/from major exchanges where one can enjoy lower fees for high volume transactions... that's (at least for me) the biggest value and what counts

for somebody operating in 4 figures it may be an acceptable fee for convenience I guess

 

[JohnnyDoe]

Does this mean, you can only get an IBAN / debit card if you use an address in those countries? Anybody tried this?

Yes.

In addition to all the above, customer service seems responsive.
I had an issue photographing my passport (the lamination sucks), which caused verification to fail. I asked to reset the process so I could try again, and they did it promptly. Most other EMIs don’t do that and just say they can’t accept your application.

 

[void]

ok, so I wanted to give them a try
however one has to verify the account from the IP address in the country of residence which I cannot serve with during winter
I tried two VPNs of mine, both detected as proxy (probably just because of datacenter classified IP addresses in some geolocation database) and disallowed

very helpful support

I'm too lazy and not motivated enough to setup a proxy using residential IP... so much for Nash for the time being :/

 

[daniels27]

ok, so I wanted to give them a try
however one has to verify the account from the IP address in the country of residence which I cannot serve with during winter

Interesting. How did Cavaliere sign up? @JohnnyDoe you have a VPN at your home or how did you do this? Where are you now? Italy?

 

[rss]

Residential proxy will do the trick

 

[JohnnyDoe]

Interesting. How did Cavaliere sign up? @JohnnyDoe you have a VPN at your home or how did you do this? Where are you now? Italy?

These days you need to plan your travels according to the banks’ requirements.

 

[JohnnyDoe]

Wait: a €10 (ten) deposit from an account of mine has unleashed the rabid monkeys.
At the sight of such immense amount of money a monkey felt the urge to launch a Google investigation, and to write me the following:

To proceed with verifying your account, we require some additional details and documentation. Kindly provide the following information at your earliest convenience:

1. Details about your companies:
You mentioned receiving dividends from your companies. Please share more information about these companies, including supporting documentation.

2. Information on your income:
A clear explanation of your sources of income, accompanied by any relevant documents.

3. Intended usage of your Nash account:
Please specify how you intend to use the account (e.g., buying/selling cryptocurrency, IBAN account transactions, or other purposes).

4. History with "XXX":
Provide details about your association with this entity, including any relevant supporting documents.

5. Confirmation of no convictions:
A statement confirming that you have never been convicted of any wrongdoing.

6. Confirmation of no current legal proceedings:
A statement confirming that you are not currently involved in any legal proceedings.

Please ensure that the submitted information is clear and comprehensive to help us facilitate the next steps. Let us know if you have any questions or need clarification regarding this request.

 

[void]

Wait: a €10 (ten) deposit from an account of mine has unleashed the rabid monkeys.
At the sight of such immense amount of money a monkey felt the urge to launch a Google investigation, and to write me the following:

I guess I will pass...

btw that's why you need a passport with different name...

 

[daniels27]

Wait: a €10 (ten) deposit from an account of mine has unleashed the rabid monkeys.
At the sight of such immense amount of money a monkey felt the urge to launch a Google investigation, and to write me the following:

I found it:
https://iapps.courts.state.ny.us/nyscef/DocumentList?docketId=WepzwtqKjNYUMLMyRiqlaA==&display=all&courtType=New York County Supreme Court&resultsPageNum=1

@JohnnyDoe is being prosecuted

You cannot open Nash with such history.

 

[daniels27]

btw that's why you need a passport with different name...

Definitely. Lessons to be learned from late @jafo

Post in thread 'Moroccan's Sahara : 0% CIT 0% Income Tax 0% VAT'

Feb 18, 2024

Where are you now?

I "escaped" to Monaco before 9/11 even happened, so nobody cared or asked questions. Before 9/11 one could travel internationally with duffle bags full of cash and nobody would bat an eye. I was introduced to this guy: Jerome Schneider - Wikipedia in the early 80s in a college elective course entitled "Principles of Financial and Managerial Accounting". The professor was a big fan of Jerome and his books and since I already developed a distaste for "taxes" from a young age due to having "known" Anton Smeets, the founder of CITCO (look him up; I, and a...

• jafo

• 

But @JohnnyDoe I really do not understand why you used an alternative with a name that has bad publicity online. Can you maybe enlighten us why you use the John Doe one, that has been sued by Euro Pacific Bank tenfold?

 

[JohnnyDoe]

But @JohnnyDoe I really do not understand why you used an alternative with a name that has bad publicity online.

My other name has no bad publicity. Bank monkeys are functional illiterate.

Can you maybe enlighten us why you use the John Doe one, that has been sued by Euro Pacific Bank tenfold?

I am still waiting to be called to testify for something more serious: https://www.offshorecorptalk.com/th...shorecorptalk-vs-hamilton-reserve-bank.44606/

 

[run]

ok, so I wanted to give them a try
however one has to verify the account from the IP address in the country of residence which I cannot serve with during winter
I tried two VPNs of mine, both detected as proxy (probably just because of datacenter classified IP addresses in some geolocation database) and disallowed

very helpful support
View attachment 8460

I'm too lazy and not motivated enough to setup a proxy using residential IP... so much for Nash for the time being :/

Buy a mobile proxy for $40.These they can't detect

 

[JackAlabama]

from what ive learned about NL and its tax agency, Id stay far away from financial entities there.

 

[Silverlake]

from what ive learned about NL and its tax agency, Id stay far away from financial entities there.

As long as your declaring what you're sending there I don't see this being a problem - all financial entities have a duty to report to tax authorities or they wouldn't have a license to operate in the first place.