Comments by "Marvin Fine" (@torontovoice1) on "Correcting Spy Show Myths" video.

  1. Bankers all over the world are very anxious to talk to you and very happy to open your account and on board you. The problem is that the guy you speak to doesn't have the authority to open up the account, it has to go through their compliance department. What people don't really understand is that banks have been fined hundreds of millions of dollars for opening up accounts for money launderers terrorists and other people that have illicit funds. So if you think that they're desperate for a few million dollars that you wanted to deposit, they're not! They want to know who you are, and they want to see documents and relating to the source of funds. And if they're not satisfied of the explanations that you give, they might ask for further information. But at the end of the day, if you're unable to satisfy their compliance department that you are legitimate person, and the source of funds is legitimate, and there is a reasonable rationale for opening up an account in their jurisdiction, then they won't open your account, regardless of how much money you want to deposit. Actually the United States is probably the easiest place to open up an account! American bankers are not subject to the same scrutiny as offshore Banks. And because the offshore Banks depend so much on their correspondent channels, they're not going to prejudice their entire Bank with your money which could result in either a huge fine, and investigation, or ultimately, being cut out of the American financial system.
    1