All Forums | Investments

U.S. residents opening a bank account online in foreign countries help

...
Participants:
Search
Views: 1123
Posts: 11
 
Veteran
Participation Meter
Joined: Jan, 2010
Posts: 2831
Posted: #1
Can anyone on here from experience give me some insight on the subject of opening an account offshore as a U.S. resident.

I am wanting to hear opinions on the best countries and banks to do so in, but am having trouble making it happen.

I would love to here a testimonial on someone who has done this and accomplished it with success.

I am wanting to open an account in either canada, switzerland , or cyprus , but am not quite sure how to go about it and would love to hear from someone who has. I appreciate the future responses. 
SPORTS BETTOR / BOOK / REAL ESTATE INVESTOR / THE DIFFERENCE IS MINDSET
 
Rookie
Participation Meter
Joined: Dec, 2011
Posts: 926
Posted: #2
If you have a bank account in USA, should have no problem opening a bank account in any of the countries listed online. I have accs in Swithzerland Cyprus and Luxemburg and have debit cards from there as well that I use to trade with regulated company (optionrally who are regulated and in Cyprus). Go online to the bank you chooese and leave the details or feel them out if available (USB in Switzerland, Laiki in Cyprus). Keep posting here and I will explain you how if you can'rt. Funding the accounts is no problem and it is easy to withdraw through them. When having an account there - you transfer to non european depositors section on optionrally and take it further by notifying them your name and swift transfer code
 
Covers Rehab
Participation Meter
Joined: Jan, 2005
Posts: 8856
Posted: #3
Wow, I would think the Feds would be on your A*ss for doing such a thing, and  set off red flags.  

 
 
Banned
Participation Meter
Joined: Dec, 2012
Posts: 5295
Posted: #4
Quote Originally Posted by Rush51:

Wow, I would think the Feds would be on your A*ss for doing such a thing, and  set off red flags.  

 
It is absolutely legal to open an offshore bank account for US residents.
https://www.erteamcorp-services.com/open-a-cyprus-bank-account
 
Banned
Participation Meter
Joined: Dec, 2012
Posts: 5295
Posted: #5
I suggest all who are just scaring the people with feds - there's no "I think" involved here but a law. And any US resident or Citizen has a right to live abroad or have a bank account abroad. We're not in North Korea.  Yet
 
Veteran
Participation Meter
Joined: Jan, 2010
Posts: 2831
Posted: #6
Quote Originally Posted by 14allall41:

If you have a bank account in USA, should have no problem opening a bank account in any of the countries listed online. I have accs in Swithzerland Cyprus and Luxemburg and have debit cards from there as well that I use to trade with regulated company (optionrally who are regulated and in Cyprus). Go online to the bank you chooese and leave the details or feel them out if available (USB in Switzerland, Laiki in Cyprus). Keep posting here and I will explain you how if you can'rt. Funding the accounts is no problem and it is easy to withdraw through them. When having an account there - you transfer to non european depositors section on optionrally and take it further by notifying them your name and swift transfer code


thank you very much. I am doing this for that specific reason only, and am looking to open an account in the Laiki cyprus bank.

If it is okay I am friend requesting you and wl pm you on the issue, appreciate your help.



appreciate your help too mavin
SPORTS BETTOR / BOOK / REAL ESTATE INVESTOR / THE DIFFERENCE IS MINDSET
 
Veteran
Participation Meter
Joined: Jan, 2010
Posts: 2831
Posted: #7
Quote Originally Posted by 14allall41:

If you have a bank account in USA, should have no problem opening a bank account in any of the countries listed online. I have accs in Swithzerland Cyprus and Luxemburg and have debit cards from there as well that I use to trade with regulated company (optionrally who are regulated and in Cyprus). Go online to the bank you chooese and leave the details or feel them out if available (USB in Switzerland, Laiki in Cyprus). Keep posting here and I will explain you how if you can'rt. Funding the accounts is no problem and it is easy to withdraw through them. When having an account there - you transfer to non european depositors section on optionrally and take it further by notifying them your name and swift transfer code



14all , where do you reside?

I'm looking into the Laiki bank of Cyprus, and which account would you recommend?

Looking at the 
                       current account with/without limit, is this what you would recommend?

also, do you have vpn software to trade from the u.s. with optionrally.


 
SPORTS BETTOR / BOOK / REAL ESTATE INVESTOR / THE DIFFERENCE IS MINDSET
 
Banned
Participation Meter
Joined: Dec, 2012
Posts: 5295
Posted: #8
Finally there's a way around it and it works just fine for many already
 
Prospect
Participation Meter
Joined: May, 2009
Posts: 42
Posted: #9
Should we be concerned with all the issues surronging the sale of Laki bank
 
Banned
Participation Meter
Joined: Jul, 2012
Posts: 4174
Posted: #10
Quote Originally Posted by DBrandt515:

Should we be concerned with all the issues surronging the sale of Laki bank
he he he
i am originally from cyprus. optionrally pulled its funds from laiki some time ago as any normal businessman with minimal connections in cyprus would. meraby is american and i know he wire transfers his deposits and withdraws to the same bank while registered under canadian ip address using vpn at the registration only. the bank he wire transfers to is not a cypriot one
 
 
Prospect
Participation Meter
Joined: Apr, 2013
Posts: 4
Posted: #11
All Forums | Investments
About Us
Contact Us
Careers
Our Team
Brand
Testimonials
Betting Guides
Sportsbook Reviews
Betting News
Podcasts
Responsible Gambling
Betting Sites
US Betting Sites
Canada Betting Sites
Canada Casinos
Best Betting Apps
Contests
Streak Survivor
King of Covers
Office Pools
The Covers community has
810,221
lifetime members worldwide
Covers 30 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
21+
Gambling problem? Call 1-800-GAMBLER
Help Privacy Privacy Choices Terms of Service Cookies Sitemap Forum
Covers is verified safe by:
Evalon Logo Logo GPWA Logo GDPR logo Logo GeoTrust logo Logo
Covers Logo
Copyright © 1995 - 2026 Genius Sports. All Rights Reserved.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.