Try banking in Malta. I’ve been here years and haven’t yet been able to open a bank account.
The first experience was the best. The woman at the counter wouldn’t let me open a bank account because I didn’t have a six-month rental agreement to prove that I had an address. She knew fine well, however, that the reason I didn’t have one was because all the landlords are corrupt and don’t like declaring a property as occupied.
Said woman pretended to be shocked by this until I kindly pointed out that I knew fine well that she was the daughter of my landlord and actually lived two apartments up from me.
New landlord and contract in hand, I then tried again, only to be told that unless I wanted to make a deposit of 10K euros, I couldn’t open a bank account because ‘online income’ like mine is a big risk for them in regard to money laundering. - Yes, so I can just give you 10K now from an anonymous source and that’s not money laundering?
I’ve tried since, but now lust stick with my UK bank and Payoneer.
Also, for anyone who does need to launder a large amount of money, Malta is the way to go. The financial regulations of the country are on the face of it very strict, however, property and super yachts can be paid for in cash without any evidence required in regard to where such cash has come from.
Oh, and if you have a spare Million and rich Middle Eastern connections, you can buy a European passport too!