Hi dear members of the forum, In short, i need to credit my local account in country X with local currency and i have USD outside the target destination (several locations available) In regards to the title, any ideas other than ADR and currency swap with individuals such as importers or brokers? And for the latter... any resources I could use to connect with such individuals? I've been trying to circle around swift because they require my presence to corroborate info and i can't manage it right now as it's about 3500 miles from my current location. I've tried everything but it ultimately goes down to "sorry, you have to physically come to the branch to sort this out" I appreciate!
Right, it would be very smart to broadcast laundering operations... origin of funds is fully backed, better ask than assume. The objective of the business is not bank-friendly, however legal. That's why i'm trying to bypass SWIFT.
Would transferwise work? They have a couple options, the multi-currency account might be the best one for what you're trying to do.