Suggest me a legit bank for Marshall islands company (my Hungarian acc was just closed)

[krisicash]

Hi Guys, i have marshall islands company for few years with Hungarian bank account ink Mkb.hu however April 1st they sent me mail they are closing my account without the need to clarify a reason. And i have 2months to move my money out. And i receved that mail 1 week ago.. I think they are closing my acc due to merger with another bank so they are derisking offfshore customers
So i moved all my funds to interactive brokers but if i need to withdraw it to a bank account i cant since i no longer have one.
I have payoneer,transferwise but both dont deal with brokers so it will be a problem. Please recommend a legit bank i can use.

 

[Suzy Emerald]

TW works fine for me to withdraw money from my IB account (BZ IBC)

 

[krisicash]

TW works fine for me to withdraw money from my IB account (BZ IBC)

Do you withdraw to the USD borderless account or any other currency ?

 

[Suzy Emerald]

I withdraw Euro only from IB to TW. Never tried USD. You may convert USD to eur on your IB account and then move to TW

 

[krisicash]

I withdraw Euro only from IB to TW. Never tried USD. You may convert USD to eur on your IB account and then move to TW

Wow thanks, have you tried any other service that works to deposit/withdraw to IBKR ?
Also doest depositing via TW to IBKR in EUR works too ?

 

[Suzy Emerald]

Havent tried depositing from TW to IB. I have transferred from several offshore banks USD and Eur to IB though.

 

[krisicash]

Havent tried depositing from TW to IB. I have transferred from several offshore banks USD and Eur to IB though.

Have you had your other offshore banks closing your account too ? Can you PM me the names of your offshore banks that accepted your BZ IBC

 

[Suzy Emerald]

Yes had one bank closing my account several years ago. IB works fine for stashing money and moving in/out. Unfortunately they pay no interest anymore on USD since the FED lowered it to zero. I dont use the IBC anymore for trading since banking is a bit of an issue.

 

[jscargo]

good to know that it is possible to withdraw EUR from IB to TW. Probably it works with any EMI with IBAN?

 

[Spinat]

TW works fine for me to withdraw money from my IB account (BZ IBC)

I would suggest you to look into Transferwise works always and is stable.

 

[JustAnotherNomad]

How can TransferWise work with all these dodgy setups and not get into any trouble?

 

[burden]

How can TransferWise work with all these dodgy setups and not get into any trouble?

Sometimes it take time before they get cought! If they do all their KYC and DD I don't see why anyone should have something against them?