TOPIC: International Check Cashing Service

International Check Cashing Service 3 years 9 months ago #1

  • Admin
  • Admin's Avatar
  • Offline
  • Platinum Member
  • Posts: 489
  • Thank you received: 294
  • Karma: 27
We can now circumvent your local bank with this service! This is huge!


This service is for Global Entrepreneurs only whereby they can use their international trust and the Private Asset Management System.

Checks are cleared by a USA processor through their top tier banks. Service is offered by a company I know well.

The trustee (PCF Missions Foundation) would be the agent to work with you to set up the account.
Agent sends the checks to our PMC office in Panama duly endorsed

PMC has in place an agreement with a check processing company (CPC) in the US that clears the checks through top tier banks.

PMC uses secure data transmission scan/platform used by financial institutions to process and transmit the checks data.

The CPC clears the checks, and wires the funds to PMC Bank account.

PMC wires out the funds to client or credits client’s prepaid card – Thus you can instruct to put so much on a debit card and/or so much in the trust account in the PAMS.

For the service PMC charges between 3.5% to 5% of the value of each check.

For example:

A Chilean client receives its retirement check from IBM in the USA for USD $ 2,500.

Once the check is cleared - PMC Retains USD $100.

Client receives USD $ 2,400 minus – Bank Wire Fees of $35.00

Net amount received by client is USD$ 2,365

Turnaround time: The whole process takes about 10 business days. (edited)
Last Edit: 3 years 9 months ago by Admin.
The administrator has disabled public write access.

International Check Cashing Service 3 years 9 months ago #2

  • jaschiavone
  • jaschiavone's Avatar
  • Offline
  • New Member
  • Posts: 9
  • Thank you received: 1
  • Karma: 0
Mark:
I like the sound of it. Is there a debit card account or two you would recommend? Also, same question regarding debit cards backed by the Bit Coin in the PAMS system?
The administrator has disabled public write access.

International Check Cashing Service 3 years 9 months ago #3

  • Admin
  • Admin's Avatar
  • Offline
  • Platinum Member
  • Posts: 489
  • Thank you received: 294
  • Karma: 27
A debit card will be issued in conjunction with the check cashing service and we'll be using this very debit card for access to fiat in the PAMS. Re: BitCoin debit cards, we have to evaluate this again because just recently certain processors which create the VISA backbone have terminated use of some cards for BTC purposes and also, I understand that banks in the USA will not allow their debit cards to be used for BTC purchases. The banks are at war with crypto, which is not a surprise. If anyone would like to research this and come back with a report, you might have the answers before I can get to it. Stay tuned.
The administrator has disabled public write access.

International Check Cashing Service 3 years 6 months ago #4

  • Christopher
  • Christopher's Avatar
  • Offline
  • User is blocked
  • Posts: 13
  • Karma: 1
I use bitpay, by visa for btc for almost two years now without a problem.
The administrator has disabled public write access.
Time to create page: 0.115 seconds