Hi WISE just rejected my transfer from Coinbase institutional account labeling crypto as "illegitimate" I remember both Mercury as well as Relayfi not being comfortable either. What are you guys using currently? Thanks
@Himani Jane Wise is not bank in US :P i can help with bank account and its bank friendly for crypto and outside of CRS and others agreements. but first i need to ask few questions. and its not on public forum i suppose.
Since Wise have halted the opening of US Dollar accounts, what have everyone been doing to get US Dollar accounts (for non-US residents)? Any way around this with Wise?
I live in Africa where Stripe is not available. I've created an LLC but haven't been able to get an American bank account. I need a payment method that can accept credit cards. Please if there is anyone who can help me get Stripe.
Hello Friends, i´m trying to find out if i still need to file a FBAR Form to FINCEN wehen i have more then 10000 USD on foreign accounts. i´m a non US Resident and my LLC is a disregarded entity. Happy to read your Feedbacks Thanks 🙏
@Muzaffer Güleç the question is, does this only apply to 1 bank account? or all? because if you only have one bank account, opening an account in another bank may help solve the problem. another option is, for example, generating a loss so that the amount does not exceed $10,000 (maybe a loan for the director?) the loan is not any income within the meaning of tax regulations. only the interest on the loan return will be taxed, but if the interest rate is set at 1% and the loan repayment period is 10 years :), I have plenty of time to settle it.
@Muzaffer Güleç The loan repayment period is 10 years, but you can always repay the loan to the company earlier and only the interest earned will be taxed. I know there's a lot of paperwork involved with this solution, but it's often worth it, especially since you grant yourself the loan and pay it off in installments as you wish :) yes, you understood me perfectly with several bank accounts! :) if you still need other options feel free to dm me :)