How does remittance work in banking?

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I tried opening a savings account to receive payments from abroad and they told me I need to present a Certificate of Employment. I’m not even employed. I just have clients from different countries. They said that if it was a family member, then I can open an account.

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A savings account to receive international payments? You mean a regular bank account? Don’t know in which country you are but if you already have a normal bank account you will be able to receive international payments. You just need the IBAN and BIC (SEPA / Europe) or the ACH and SWIFT code for the US. Other countries have similar things.

There’s always Revolut and Wise to open a bank account with or use Paypal.

You say you have clients so I assume you have a registered business and can open a business bank account. For taxes it’s your regular VAT / sales tax and corporate income tax or personal income tax that applies. If your revenue is large enough you need to worry about cross border taxes you have the income to hire an accountant.

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