Opening account overseas?

[Frogger]

If you're American, read up the new law in 2010 called FATCA. Really horrible fascist law.

Most banks overseas won't allow Americans to open bank accounts since this law. Basically this law forces all banks to file a ton of extra paperwork to have any Americans as clients. If they don't file, any business they have in the USA gets "taxed" at 30%. It's basically impossible to be a bank and not do some business in the USA either themselves or through a partner bank.

Of course the bank has to pay someone to deal with all this needless accounting and it becomes not worth it. Unless you have seriously $10million, many banks won't look at Americans. Plus look at what just happened to Switzerland with banks that were open hundreds of years closing due to IRS inquiries. Those banks survived the Nazis but couldn't survive the IRS.

Honestly Americans overseas today are second class citizens, and we have our wonderful government to thank for it. Wake up & vote Ron Paul because this is only going to get worse and worse.

[The Fobfather]

Would a Moneybookers acct prevent the need for opening up a foreign bank account?

[Hareeba!]

Would a Moneybookers acct prevent the need for opening up a foreign bank account?

I guess that would depend on what you need the account for.

But Moneybookers won't process gambling related transactions for US account holders.

[jjgold]

forget it men

Moneybookers real strict

You need non usa financial institutions to get verified

[laconic]

The IP issue would not be a problem with the correct knowledge. If your uncle is trustworthy and amenable, just get him to open a current account in his name for your sole purposes. (In for a penny, in for a pound, and a Neteller and Moneybookers a/c also.)

[jjgold]

90% of posters in this thread having giving false info

Its like the blind leading the blind here

[durito]

90% of posters in this thread having giving false info

Its like the blind leading the blind here

that's deep coming from you

[jjgold]

Durito I will school you in international gambling /banking and I mean SCHOOL you

[Avskum]

heres a nice article about the subject helped me alot:

http://www.surebetmonitor.com/2012/05/21/how-to-safely-place-bets/

[username474]

You will not be able to open a bank account in the U.K. without a work ****. You would not be able to get a pinnacle account without a utility bill in your name, I do not know the procedure for getting a utility bill in the U.K, it may not be that difficult. The easy part of this equation is making the bet the bet from the U.S. . Getting a vpn in the U.K. is easy.

[jjgold]

[prop]

Opening a bank account in UK is very simple. The only time it is challenging is many banks don't offer non-resident accounts so start with ones that do. With the ones that do some restrict residents from certain countries. If stuck register a LLP that matches your own name and use it to get a phone bill, and a business account that all matches your own name. This will pass most places. So it says John Doe LLP on your phone bill, most won't even notice. My wife has UK bank account and at one time had a utility bill and has never been there.

Just when doing this for purposes suggested understand the majority of sportsbooks look for excuses to steal from both non-profitable players or anyone lucky enough to donk a large win. There are exception to this. The exceptions don't care and your funds are not really at risk. There is two A+ book that have wired me all over the globe. One needs nothing, they're super expensive for wires, but I tell them where to send the money and they send it there. The other requires I change my address in their cashier and on occasions asks for ID documents after making the change (doesn't always ask for them). I haven't been to the US in several years but am pretty certain would have no problem betting from there if I did.

With Costa Rican books use your US address do not mess with these, or attempt to bet with a company name.

/thread ?

[Avskum]

hmm no one ever tried to photoshop a bill to change the adress ?? P:

[Russian Rocket]

hmm no one ever tried to photoshop a bill to change the adress ?? P:

Are they going to mail you your winnings to that same f-king Photoshopped address?

[prop]

hmm no one ever tried to photoshop a bill to change the adress ?? P:

It will work a large majority of the time, but there are serious risks involved.

[Avskum]

Are they going to mail you your winnings to that same f-king Photoshopped address?

moneybookers? ..... or what do you mean?

[Avskum]

yeah i guess you have to get your documents cimfirmed before you start betting, then theres no risk ?

[Russian Rocket]

moneybookers? ..... or what do you mean?

Yeah moneybookers...once you start photoshoping sh-t, you might ended up photoshop yourself out of your winnings if someone in that chain of books, banks, moneybookers will ever find out that you lied about your real address.

[prop]

Any time you "deliver" forged copies of anything there is ongoing risk. If later they become suspicious of account and investigate you could have serious consequence. So as mentioned: "It will work a large majority of the time, but there are serious risks involved."

[JetsAreABadBet]

US IP address would be the problem.

I am a Canadian with a BET365 account. I travel in the U.S. at least twice a month and never have a problem logging in and placing bets with an American IP.

[Avskum]

I guess you send in "proof of adress" so they know you live in cannada. If they findout I used a photoshopped bill, do they just confiscate my winnings or can something else happen?

[JetsAreABadBet]

I guess you send in "proof of adress" so they know you live in cannada. If they findout I used a photoshopped bill, do they just confiscate my winnings or can something else happen?

Haven't sent any ID or proof of address and I have received one payout of 5K. I do however use a Canadian CC.

[Avskum]

Yeah moneybookers...once you start photoshoping sh-t, you might ended up photoshop yourself out of your winnings if someone in that chain of books, banks, moneybookers will ever find out that you lied about your real address.

you know you can just make an account with a random email then send the money to your real mb account once you got them from your bookie.

[jjgold]

Not worth it

Too much hassle to bet $20 a game

[Russian Rocket]

you know you can just make an account with a random email then send the money to your real mb account once you got them from your bookie.

you're trying to jump through way too many hoops with this sh-t...just find a bookie that you can legitimately play with, so you don't have to explain yourself to them while trying to get your winnings...

[chilidog]

Most banks overseas won't allow Americans to open bank accounts since this law. Unless you have seriously $10million, many banks won't look at Americans.

My god, completely not true at all.

You would not be able to get a pinnacle account without a utility bill in your name

Also not true.

[prop]

My god, completely not true at all.

Although not true currently, it is moving closer to truth. Most Canadian banks will still take Americans. In UK is slim pickings but still available. Many really underdeveloped countries have no issues but also bank accounts are not even insured with most of them. Lot's of other are bank by bank policy. However many (not all) banks in UK, Spain, Germany, Poland, Brazil, Austria, and Saudi Arabia decline US citizens. I'm not sure but believe most all in Singapore, Hong Kong and China do too, and this names only countries I'm familiar with.

[justforfun]

I am in a country where I can open an account with pinny, if you want I can open an account for you, you send me the money, I'll fund the account, place the bets for you, and when you win, let me keep 25% and I'll send you the rest via p2p,

[Maximo]

I was in London 2 weeks ago and was able to open a bank account very easily.

I got a PO box and my us passport. That's about it.

[imitropoulos]

pinnacle will not allow you to make bets with a US ip address

absolutely right my friend.

[username474]

I was in London 2 weeks ago and was able to open a bank account very easily.

I got a PO box and my us passport. That's about it.

Are you American passport holder?
What bank?

[username474]

My god, completely not true at all.



Also not true.

How do you figure?

[jjgold]

What rookies here

I cannot stop laughing at all inaccurate info being posted

[username474]

^^ If you are referring to my post, my statement is from experience. The first place I thought to open a non U.S. bank account was the U.K., after several e-mail's with banks years ago I was left with the impression it was not possible without working/residing in the U.K.. I do not go around typing for excercise, bordom or an actual social life unlike your self. Also, the first thing I had to send Pinnacle to reopen my account was a utility bill. There is nothing in any post of mine that warranted a smiley face rolling around. Get some help guy. Your post count is almost proof in it's self that you are a loser. Be well.

[lecubs28]

heard of a guy got $23k confiscated

not worth it

if you're not american stick to usa facing books