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Скачать или смотреть [ Offshore Tax ] Can CRYPTO Investors Bank in Estonia?

  • Offshore Tax with HTJ Tax
  • 2022-06-12
  • 152
[ Offshore Tax ] Can CRYPTO Investors Bank in Estonia?
HTJpodcastinternational taxtax planningtaxesinternational businessoffshoreexpatsinvestorsoffshorecitizennomad capitalistflag theoryinternational entrepreneurIRSoffshore bankingIBCoffshore comapnycryptocrypto investorscrypto investors estoniacrypto bank estoniacrypto estonia
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[ Offshore Tax ] Can CRYPTO Investors Bank in Estonia?

DERREN JOSEPH:
How easy is it to, if it is your crypto startup and you met, and you mentioned to the bank that you are, how easy is it, or how difficult is it to get a bank account?

GEORGIE DZANI:
To be honest, it's difficult, if you are talking about the big banks. So, they are afraid because this is new for them. And they want to stay very traditional bank to be only with the money. They want to know that your business is clear. Crypto is something new and they can not understand what is your business model really is. It can be clear. It can be super, super profitable. It can be without any break, you don't break a law or AML, but they just see the crypto and they start to be suspicious. It's I think it's everywhere in each country, but with the payment institutions, it's not simpler, but not so difficult, like with the banks, but it's all depends on how we negotiate with them because some entrepreneurs just, they just want to open this bank account and they don't show the real business plan. They don't show the good things about their own business. And that's why the bank will say, sorry, we don't want you, but if you come to them and show everything, talk with them. And I think, in this case, it's simpler to open.

DERREN JOSEPH:
Okay. So you mentioned that the traditional ones are more challenging than the platforms by platforms. Do you mean the challenger bands like online guys?

GEORGI DZANI:
Yes. No. Like why is a seller another.

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