OnlyFans Banking EU - $300k+ a month

#41
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In France, you can exercise your right to a bank account.

The conditions for benefiting from the right to an account​

You must:
  • be domiciled in France, without any nationality condition, or be French and reside abroad, or be of foreign nationality and legally reside in a country of the European Union other than France;
  • not have any individual account opened in your own name (or account in the process of being closed);
  • you have been refused the opening of an account by a bank.

https://www.banque-france.fr/en/node/2534

https://europa.eu/youreurope/citizens/consumers/financial-products-and-services/bank-accounts-eu/index_en.htm#:~:text=Right to a basic bank account,-You may want&text=If you are legally resident,where the bank is established.
 
Reactions: Forester
#42
And if rejected, what do you do? Sue the bank?
 
#44
JohnnyDoe said:
And if rejected, what do you do? Sue the bank?
Click to expand...

Can a credit institution refuse to open an account when it has been designated by the Banque de France as part of the right to an account procedure?​

NO, except for exceptions.

A bank may refuse to open an account for you even though it has been designated by the Banque de France as part of the right to an account procedure in the following cases:

If you already have a deposit account at the designated institution or at another institution;
If you do not provide the supporting documents requested by the bank under the provisions concerning the Fight against Money Laundering and the Financing of Terrorism.


Can a credit institution close an account opened under the right to an account, when it has been designated by the Banque de France?​

NO, except for exceptions.

A bank may close an account when it has been designated by the Banque de France as part of the right to an account procedure in the following cases:
  • If you have deliberately used your account for transactions that the institution has reason to suspect are for illegal purposes;
  • If you have provided inaccurate information;
  • If you no longer meet the conditions of domicile or residence (domiciled in France or residing in another member state of the European Union)
  • If you have opened a second account in France allowing you to use basic banking services;
  • If you repeatedly display incivility towards the staff of the credit institution;
  • When the establishment is unable to meet customer due diligence obligations
In these unique cases, the account may then be closed:

After compliance with a 2-month notice period before the effective closure of the account;
After notification of the reasoned closure decision addressed to the account holder and to the Banque de France which made the designation.
The Banque de France must be informed, by the banking establishment, as soon as possible, of the reasons for closing the account.
 
Reactions: Forester
#46
So you are making 300k per month and asking for a financial/legal advice on the forum? How old are you? This is Madness!

Ask the best professionals you can afford.
 
#47
OVER said:
So you are making 300k per month and asking for a financial/legal advice on the forum? How old are you? This is Madness!

Ask the best professionals you can afford.
Click to expand...
It’s not that simple. Most of the “Best professionals” don’t know or can’t tell effective solutions.
 
Reactions: Marie Manila, PassinBy, Forester and 5 others
#48
OVER said:
So you are making 300k per month and asking for a financial/legal advice on the forum? How old are you? This is Madness!

Ask the best professionals you can afford.
Click to expand...
Making X amount of money and paying for a good accountant/ tax adviser doesn't mean you're automatically hiring some genie who knows everything. Most of the time I've found knowledge online instead of being able to hear pratcical solutions from one of these people whom I paid for. This forum often contains a lot of knowledge which has pointed me in the right direction. It's a good bet to search both fields
 
Reactions: Forester and polonieth
#49
First of all, Congrats for your success on OF.

Honestly the only suggestion I can give takes time...

If I were you, I would start with banks in adult business friendly countries (Netherlands, Czech Republic, probably Germany). Just be honest, say you work on OF as a performer. Show your income if they ask, show you are paying taxes, tell the reason why you can't bank in your country (not adult friendly jurisdiction).

If you want to improve your chances to get approved by a million times more, ask the bank if they have investments account as well because you want of course to deposit but you want also to invest some of your money with them as well. They will open their eyes.

Banks don't like to open "transitions" accounts. They want you to stay and make them money too. BA ks are not there to get and keep money for you. They are there to make money with your money.

Just try to be complacent. Honestly for that kind of cash flow bankers should literally bend and drop their pants (sorry, I needed to make that analogy)

I wish I had a bank, I would definitely accept you lol

EDIT: Honestly it make me laugh that on this forum there are so many prudish members...what a bunch of judgemental idiots. Jeez If I could sell pics of my sack, I would for 5eur a piece
 
Reactions: yngmind, NPteam, Marie Manila and 7 others
#50
JohnnyDoe said:
It’s not that simple. Most of the “Best professionals” don’t know or can’t tell effective solutions.
Click to expand...
For 30-50% fee of OP's monthly income they should move their butts swiftly.
With 300k per month from the bedroom... gathering several pro opinions should be the must. On a side note, strange OF is not setting banking arrangements for top tier "performers".
 
#53
Reactions: Forester and JohnnyDoe
#57
One addition; you can only register as self-employed in NL when you are residing in NL else the only option is a Dutch BV. In fairness that might actually be a better option as you then have some more options for tax mitigation.
 
#59
maybe @The Kingdom Bank can accept your business and make a good OCT offer for the account opening.
 
#60
GPT said:
One addition; you can only register as self-employed in NL when you are residing in NL else the only option is a Dutch BV. In fairness that might actually be a better option as you then have some more options for tax mitigation.
Click to expand...

Yes, good addition. OP was writing she was willing to move to another country I believe so I responded to that scenario. But being a sole trader is taxed at 49,50% (insane) when you earn more than 75k so a BV is a better solution indeed.

If I were her I'd just use Yoursafe and move to Cyprus or something.

OF should provide the possibility to get paid in crypto. Would be less painful to deal with than all of this
 
Reactions: GPT and Forester
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