worst than Africa! I am very disappointed in stupid local laws....

Discussion in 'Markets & Economies' started by silverprepper999, Jan 21, 2015.

  1. silverprepper999

    silverprepper999 New Member

    Joined:
    Feb 1, 2014
    Messages:
    254
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Bosnia
    Tried to upload some money via bank, to buy unallocated gold in Netherlands, and I got rejected from my bank: Reason: Our law does not allows payment to international companies for prodicts that are stored in abroad, and does not cross our border into country, that includes bonds, unallocated PMs, etc.... how stupid is that!?!?!! Worst than Africa! I am very disapointed! God forbid that small man earn some money, or saves himself from inflation! :(

    Is there any unallocated dealer that uses paypal?
     
    silverprepper999, Jan 21, 2015
    #1
  2. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

    Joined:
    Jun 18, 2012
    Messages:
    4,656
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    NSW
    Try to find a bank that will allow you to open an account as a non-resident outside the EU?
     
    Caput Lupinum, Jan 21, 2015
    #2
  3. SilverStan

    SilverStan New Member

    Joined:
    Jun 11, 2013
    Messages:
    40
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Which bank? And roughly how much If you don't mind my asking...
     
    SilverStan, Jan 21, 2015
    #3
  4. Silver Soul

    Silver Soul Well-Known Member Silver Stacker

    Joined:
    Jun 23, 2010
    Messages:
    1,772
    Likes Received:
    611
    Trophy Points:
    113
    Have you tried Gold Stackers here?
     
    Silver Soul, Jan 21, 2015
    #4
  5. silverprepper999

    silverprepper999 New Member

    Joined:
    Feb 1, 2014
    Messages:
    254
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Bosnia
    I tried to upload 100 (one hundred) EUR to my ccount at GoldRepublic.com. No, our banking law doesnot allow payments to abroad for items that does not arrive in Bosnia. How stupid is that? Only registered dealers in PM or brokers can do that, not individuals.

    Even if I open of shore account, how can I transfer my funds? For every international transaction you must have a invoice or reason why you send money to abroad. It is so stupid. Bank suggested me to use paypal. I dont think GoldStackers are accepting paypal. If anybody knows some dealer who does, let me know. I can only use paypal or skrill.
     
    silverprepper999, Jan 21, 2015
    #5
  6. renovator

    renovator Well-Known Member

    Joined:
    Jan 20, 2011
    Messages:
    6,989
    Likes Received:
    83
    Trophy Points:
    63
    Location:
    QLD
    Maybe you could tell them you are sending money to a friend or relative (one of the members here) then they can buy what you want ?
     
    renovator, Jan 21, 2015
    #6
  7. silverprepper999

    silverprepper999 New Member

    Joined:
    Feb 1, 2014
    Messages:
    254
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Bosnia
    That way I loose privacy and why bothering somebody else to buy metals for me. I guess I will stick to physical coins...
     
    silverprepper999, Jan 21, 2015
    #7
  8. smk762

    smk762 Active Member Silver Stacker

    Joined:
    Sep 5, 2014
    Messages:
    1,255
    Likes Received:
    4
    Trophy Points:
    38
    Location:
    Westralia
    smk762, Jan 21, 2015
    #8
  9. silverprepper999

    silverprepper999 New Member

    Joined:
    Feb 1, 2014
    Messages:
    254
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Bosnia
    It appears they have a large premiums, 7 AUD per gram. For that price, I'll stick to pysical better.
     
    silverprepper999, Jan 21, 2015
    #9
  10. yennus

    yennus Well-Known Member Silver Stacker

    Joined:
    Oct 24, 2010
    Messages:
    4,762
    Likes Received:
    91
    Trophy Points:
    48
    Location:
    Shanghai:Sydney
    Bitcoin?
     
    yennus, Jan 21, 2015
    #10
  11. silverprepper999

    silverprepper999 New Member

    Joined:
    Feb 1, 2014
    Messages:
    254
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Bosnia
    To continue the story:

    I ordered some silver and gold coins (4 oz silver, and 1/10 oz gold) from Germany, anyway, I got phonecall from customs office, they are requesting my paypal invoice, so they can calculate customs fee, thats ok, but then, custom officer asked me this question: "Why I need this coins, what for?" ?!?! I told them that I am collector, and I collect numismatics, because they never heard for "stacker". LOL. Why do I need it! Geez!
     
    silverprepper999, Mar 11, 2015
    #11
  12. Phiber

    Phiber Well-Known Member Silver Stacker

    Joined:
    Nov 21, 2012
    Messages:
    1,595
    Likes Received:
    31
    Trophy Points:
    48
    Location:
    Australia
    Sorry to hear that, I can only imagine the frustration. Good luck and I hope things improve over time.
     
    Phiber, Mar 11, 2015
    #12
  13. lurk@l0t

    lurk@l0t Active Member

    Joined:
    Nov 29, 2013
    Messages:
    518
    Likes Received:
    79
    Trophy Points:
    28
    Location:
    AuSS
    Indeed mate! We"re about as free here in Stralia as a frog being slowly cooked :lol:
     
    lurk@l0t, Mar 11, 2015
    #13

Share This Page