QUOTE(Hansel @ Oct 16 2019, 11:32 AM)
Guys,... to circumvent the above issues legally, please open a bank account in a foreign country - an account which allows you to control the movement of funds via internet. Transfer your proceeds from any of your brokers overseas into that foreign account and then transfer from that foreign account back to your local bank account.
It is not illegal to transfer from, say a forex broker into that foreign bank account in accordance with the laws of that country.
Then your proceeds from your foreign bank account transferring into a Msian bank account would be clear since it's coming from a bank account overseas under your name, and NOT from a forex broker's bank account.
Just an opinion,.... seeing so many issues here. Hope this helps.
Thanks for the tipsIt is not illegal to transfer from, say a forex broker into that foreign bank account in accordance with the laws of that country.
Then your proceeds from your foreign bank account transferring into a Msian bank account would be clear since it's coming from a bank account overseas under your name, and NOT from a forex broker's bank account.
Just an opinion,.... seeing so many issues here. Hope this helps.
If direct transfer from Foreign bank to Local Bank is there any charge?
Oct 16 2019, 11:53 PM

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