Is swissquote even a bank? Last time I checked it was more like a broker?Thanks for suggesting. May I ask the benefits of the bank(s) you've in mind compared to Swissquote (which has a local branch in UAE and is less/not constraining in terms of entry and minimum balance)? (Swissquote or any similar option)
May I ask how about sending from dubai to swiss banksIs swissquote even a bank? Last time I checked it was more like a broker?
There are currently 3 crypto friendly swiss banks, but from my last experience wiring to Dubai is problematic sometimes. Takes 2 weeks for a SWIFT and usually there is a investigation/questions. Money arrived eventually but was stressful.
I have not had the need to do that yet. Probably won't need to soon. So sorry.May I ask how about sending from dubai to swiss banks
How was your experience
How was the onboarding process with these banks?Swiss bank direclty in SWISS are better privacy, and you can easily get loan in europe etc for real estate
If you are really rich and legit it is generally easy, video interview, answer bunch of questions about SoF, provide bunch of documents about SoF depending on your unique situation and its all done.How was the onboarding process with these banks?
They're bank too now.Is swissquote even a bank? Last time I checked it was more like a broker?
There are currently 3 crypto friendly swiss banks, but from my last experience wiring to Dubai is problematic sometimes. Takes 2 weeks for a SWIFT and usually there is a investigation/questions. Money arrived eventually but was stressful.
Which interest do you see in having more privacy, if you're AML and tax compliant?
Hm I'll give swissquote a try then. Thanks.They're bank too now.
Never had any issue with wires personally, with limited amounts though.
Astonishing you had such issues, wouldn't investigations/questions come from the receiving bank usually?
Which interest do you see in having more privacy, if you're AML and tax compliant?
Sure for that purpose. Swissquote (or any other close option) is now a bank too apparently.
But where I can see an advantage for other Swiss banks (incl. those you're thinking of) is the deposit protection, their financial solidity and related metrics, etc...
But where I can see an advantage for other Swiss banks (incl. those you're thinking of) is the deposit protection, their financial solidity and related metrics, etc...
Thanks for the reply. I will DM.Hey
I m living in Dubai since 4 years.
Must thing you need to know about here, if you got a western passeport ( eu / Canada / us etc), all biggest wealth guys use Swiss bank with UAE residency, because they are the best bank in the world for crypto.
Let me explain I did a nft collection and I earn 7million, no bank in uae accepted because most of them are cheap advisor and don’t understand everything.
What we did, it’s setup a bank account in Swiss with UAE residency, and we was able to cash out in personnal account 7m, you can also do it with a company account if you want, and we paid 0%.
For cashout they have swift account and then you can receive from all exchange ( we received from Binance when it was possible to do swift transfer)
Then if you would like to move to US it’s easy you can transfer around the world, due to Swiss reputation.
I can also introduce you to the bank I opened an account, you can dm me.
Hope that can help.
Just want to give everyone a heads up:Hey
I m living in Dubai since 4 years.
Must thing you need to know about here, if you got a western passeport ( eu / Canada / us etc), all biggest wealth guys use Swiss bank with UAE residency, because they are the best bank in the world for crypto.
Let me explain I did a nft collection and I earn 7million, no bank in uae accepted because most of them are cheap advisor and don’t understand everything.
What we did, it’s setup a bank account in Swiss with UAE residency, and we was able to cash out in personnal account 7m, you can also do it with a company account if you want, and we paid 0%.
For cashout they have swift account and then you can receive from all exchange ( we received from Binance when it was possible to do swift transfer)
Then if you would like to move to US it’s easy you can transfer around the world, due to Swiss reputation.
I can also introduce you to the bank I opened an account, you can dm me.
Hope that can help.
Indeed.I messaged this person and they said they require a minimum of 3 million before they can tell you what the bank is.
Not sure what kind of scheme they are running but "yeah bro I can tell you the bank but only if you are ready to deposit 3mm" does not seem legitimate to me.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?