Which bank you but advised non-resident uk. EU

[Alex Braun]

Nominee Service + company + merchant/bank account is the way for you to go.
text me if you need any help with that

 

[Forester]

Nominee Service + company + merchant/bank account is the way for you to go.
text me if you need any help with that

Well, hopefully @AZERTYLO 's situation has been solved during one year

 

[linusAG]

Have you ever tried?

https://www.vertofx.com/

 

[jafo]

Have you ever tried?

https://www.vertofx.com/

I did. It was good for a while, but then they wanted "personal tax returns and TAX ID," so I had this law firm in Monaco I use to send them a letter , signed by a lawyer and an accountant, explaining that there are no personal tax returns or tax IDs in Monaco. They were asking for a physical impossibility.

Source: Foire aux questions (Faq) sur l'échange automatique d'informations en matière fiscale / La fiscalité internationale / Monaco à l'International / Action Gouvernementale / Portail du Gouvernement - Monaco

They STILL closed my account! They insisted "the system" needed my tax returns and tax ID. They couldn't wrap their heads around it!

This is VERY common with most EMIs and Neobanks I deal with! The notion of NOT being an "indentured slave" shocks the bejesus out of them, so don't think just because you moved to a TAX-FREE European Elysium that problems will cease to exist. Bank monkeys (and other below-average people) feel they can create "laws" in their own heads and apply them as they see fit because they adopt the examples set forth by "lawmakers."

 

[linusAG]

I did. It was good for a while, but then they wanted "personal tax returns and TAX ID," so I had this law firm in Monaco I use to send them a letter , signed by a lawyer and an accountant, explaining that there are no personal tax returns or tax IDs in Monaco. They were asking for a physical impossibility.

View attachment 7427
Source: Foire aux questions (Faq) sur l'échange automatique d'informations en matière fiscale / La fiscalité internationale / Monaco à l'International / Action Gouvernementale / Portail du Gouvernement - Monaco

They STILL closed my account! They insisted "the system" needed my tax returns and tax ID. They couldn't wrap their heads around it!

This is VERY common with most EMIs and Neobanks I deal with! The notion of NOT being an "indentured slave" shocks the bejesus out of them, so don't think just because you moved to a TAX-FREE European Elysium that problems will cease to exist. Bank monkeys (and other below-average people) feel they can create "laws" in their own heads and apply them as they see fit because they adopt the examples set forth by "lawmakers."

Interesting, I will talk about this to my contact at VertoFX.

 

[jafo]

Interesting, I will talk about this to my contact at VertoFX.

If I had to guess...and I'm really bad at guessing, assuming you had a tax ID, income tax returns, SOF/SOW, and no negative annotations/remarks on Thomson Reuters' World Check, you should be OK.

I ticked at least 3 of those boxes. Some of them multiple times.

 

[Sols]

VertoFX is OK. Products and services are generally fine. Rates have been decent every time I've looekd.

But the people are a little clueless. I'm not surprised @jafo ran into issues not having a TIN. There are solutions to that, which a competent financial institution would know how to handle.

 

[Alex Braun]

Well, hopefully @AZERTYLO 's situation has been solved during one year

my bad