nosense wroteKareem wroteTheIlluminative wroteI booked my flight to Cyprus this Saturday to open a bank account there and will let you know how it works. Will Try to bring $10,000 with me
That's great to know, I'm opening next week in Paris.I will see how it goes. Keep us updated.
Out of curiosity, you are going with a schengen visa ?
what are the papers required to open an account in France? and are you going on a tourist visa ?
probably my answer isn't related to the paper needed, but regarding the experience of my friend with French nationality who has a bank account in france (because i was asking him if within this situation his account in france gives him any privilege):
-he cannot transfer money from external account to france account easily, especially if you are not the owner of the external account, for example if you are a freelance and your customer wants to pay you to france account, it would requires papers to prove the source of the money, and the contract between you 2, and a lot of questions.. all of this to prevent money laundering
Even before all this, when his parents where transferring 1000$, the bank was calling him on each transfer to know the source, and why he needs the money, and where he is getting the money from..
-he cannot deposit cash amount easily as well, above 4k, they will also ask you load of questions..
-if your money are in lebanese banks, it is near impossible to transfer them abroad now..