Too new to open an account
The company was incorporated three weeks ago. The director is appointed, the first contract is ready to be signed, and a client in another country is waiting for an invoice and an account to pay it into. The bank asks for six months of statements and copies of recent invoices. There are none. There cannot […]
The first payment that gets stopped
The account is open. The hard part is supposedly over. Three months later a payment comes in from a company in another country, eighty thousand, entirely ordinary, and it does not arrive. It is not rejected. Nobody says no. It is simply somewhere, under review, and the money is neither in the account it left […]
Why good clients get turned away
An advisor sends a bank a client he knows is clean. Three weeks later: unable to proceed, no reason given. Almost nothing in that decision was about the client. Issue #3 of Private Cross-Border.
One account that already lives across borders
Most internationally active clients don’t have a banking problem. They have a coordination problem: several accounts, no single picture. Issue #2 of Private Cross-Border.
Private, by Konfido
The Konfido series on the operational side of international wealth: episodes, briefs and insights in one place.
International Families and Cross-Border Regulation: Why Coordinated Support Matters Now
The regulatory environment for internationally mobile families has shifted considerably over the past eighteen months. Reporting requirements have expanded, information exchange between tax authorities has deepened, and the threshold at which cross-border structures attract scrutiny has lowered. For families with assets, residencies or business interests across the EU, UK and UAE, the question is no […]
Succession Planning for Cross-Border Families: Getting Ahead ofComplexity
International succession planning is never simple. But for families with assets, business interests, andfamily members spread across multiple countries, it becomes an exercise in coordination that mostadvisors — and most families — underestimate until it is too late.The core challenge is straightforward to describe but difficult to solve: different countries have differentrules about how wealth […]