How to make anonymous payments into a Bank of Central Asia account?

GnarlyKnuckles on 05/04/2022 - 04:08

Can anyone advise me on the easiest way to make anonymous payments into a Bank of Central Asia account? I don't care if the bank or whatever other service that facilitates the payments knows who I am/records my identity, I just need to remain anonymous to the actual recipient.

Financial

Comments

  • mrklaus on 05/04/2022 - 05:31
    +3

    To my knowledge, the very nature of the banking system is to prevent this from being done. :)

    • GnarlyKnuckles on 05/04/2022 - 05:38

      Nah dude. For example, I can walk into any bank in Australia and anonymously deposit cash into anyone's account that is held at that bank (does not need to be that actual branch; just the same bank), as long as I know their account number. I can also anonymously pay cash into anyone's Australian bank account via an ATM deposit. My question is how can I do an equivalent thing, but pay into a Bank of Central Asia account.

      • sjj89 on 05/04/2022 - 06:11
        +3

        Go to a branch

      • bradl822 on 05/04/2022 - 07:51
        +4

        I'm with CBA and they have recently just changed in-branch deposits to require proof of ID.

        They said it was new legislation to do with money laundering etc.

        • rektrading on 05/04/2022 - 08:01

          Use iTune gift cards.

        • GnarlyKnuckles on 05/04/2022 - 13:26

          Does that mean it is no longer possible to deposit cash into an account via an ATM? Obviously you don't have to (can't?) 'prove who you are' to an ATM.

          • bradl822 on 05/04/2022 - 13:47
            +1

            @GnarlyKnuckles: Just tested on an ATM. It says it's capped at $1000 deposit. And that they need a mobile number. I didn't go any further then that though… Because I ain't got no money… Lol

            • rektrading on 05/04/2022 - 13:54

              @bradl822:

              And that they need a mobile number.

              People can use a burner or free sms.

            • GnarlyKnuckles on 05/04/2022 - 17:43
              +1

              @bradl822: Good to know brad, thanks for the info. I don't think there's any way I can deposit into a Bank of Central Asia account via an ATM in Australia, but I still appreciate you doing the test/reporting back the info.

  • rektrading on 05/04/2022 - 06:41
    -2

    The Travel Rule prevents ordinary people from making anonymous electronic deposits/Tx.

    It will be more difficult to protect one's privacy going forward when Asia implement a CBDC.

    The easiest way to protect one's privacy is to send Bitcoin.

  • dogboy on 05/04/2022 - 07:16
    +8

    Yeah, totally not suss…

    • GnarlyKnuckles on 05/04/2022 - 13:31

      It's actually totally not suss. As I said, I'm happy for the 'middle man'/financial entity to record my ID; I just don't want the recipient to know it.

  • Krankite on 05/04/2022 - 07:32
    +1

    Follow up question, I have a stack of rubles that I need to exchange anonymously does anyone know the best way to exchange these?

    • rektrading on 05/04/2022 - 07:48

      You can buy SBERCOIN from Sberbank. Its been approved by the 🇷🇺 feds.

      Dropping a few $100 as a bet against the USD/SWIFT won't hurt. Just make sure to use the verified ticker.

      • netjock on 05/04/2022 - 10:48
        +1

        Nice to see the church of money worshiping is out in force.

        Do you bet on war casualty counts too?

        • rektrading on 05/04/2022 - 10:51

          Prediction markets are unpredictable. There is no way to chart them.

  • djones145 on 05/04/2022 - 07:41

    talk to someone in westpac aml/ctf division, they should be able to help

    • rektrading on 05/04/2022 - 07:52
      -3

      HSBC is better for Asia. They've people who speak the same language, dodgy.

      • star-ggg on 05/04/2022 - 08:13
        +2

        All banks are dodgy if your account is big enough

  • funnysht on 05/04/2022 - 08:33
    +1

    cryptocurrency

    • netjock on 05/04/2022 - 10:49
      +1

      iTune gift cards bought with cash.

      • GnarlyKnuckles on 05/04/2022 - 13:38

        Crypto and iTunes-type solutions are out, because that would require prior arrangements with the recipient; thus negating anonymity.

  • Donaldhump on 05/04/2022 - 08:59
    +1

    i have a bank account in uzbekistan, if you deposit it in there i am happy to pass it on

  • Typical16-bitEnjoyer on 05/04/2022 - 09:01

    What did Bank of Central Asia say when you asked them?

    • netjock on 05/04/2022 - 10:49

      Think it is "a bank in central asia" which could be Afghanistan or Iran or Syria depending on how you define asia.

      • Donaldhump on 05/04/2022 - 11:26

        Iran and Syria aren't in central Asia to my knowledge

        • netjock on 05/04/2022 - 11:33

          Don't worry Trump doesn't know a lot of things.

          You don't think on the internet people are going to be exact about their dodgy dealings?

          Check on Wikipedia and Afghanistan is sometimes included and sometimes not. Iran is bordering Central Asia as they define it.

          First rule of evading sanctions is not to mention the client.

          Didn't you remember Barclays taking out electronic transfer headers?

          According to court documents, Barclays followed instructions, principally from banks in Cuba, Iran, Libya, Sudan and Burma, not to mention their names in U.S. dollar payment messages sent to Barclays’ branch in New York and to other financial institutions located in the United States. Barclays routed U.S. dollar payments through an internal Barclays account to hide the payments’ connection to OFAC-sanctioned entities and amended and reformatted the U.S dollar payment messages to remove information identifying the sanctioned entities. Barclays also deliberately used a less transparent method of payment messages, known as cover payments, as another way of hiding the sanctioned entities identifying information.

          • Donaldhump on 05/04/2022 - 13:42

            @netjock: Check on Wikipedia and Afghanistan is sometimes included and sometimes not. Iran is bordering Central Asia as they define it.

            where did i mention Afghanistan?

            Iran is bordering Central Asia as they define it. And??

            Iran and Syria aren't central Asian countries, even if they border central Asian countries

            Didn't you remember Barclays taking out electronic transfer headers?(justice.gov)

            According to court documents, Barclays followed instructions, principally from banks in Cuba, Iran, Libya, Sudan and Burma, not to mention their names in U.S. dollar payment messages sent to Barclays’ branch in New York and to other financial institutions located in the United States. Barclays routed U.S. dollar payments through an internal Barclays account to hide the payments’ connection to OFAC-sanctioned entities and amended and reformatted the U.S dollar payment messages to remove information identifying the sanctioned entities. Barclays also deliberately used a less transparent method of payment messages, known as cover payments, as another way of hiding the sanctioned entities identifying information.

            What the hell does that have to do with my statement.

            • netjock on 05/04/2022 - 20:45

              @Donaldhump:

              Iran and Syria aren't central Asian countries, even if they border central Asian countries

              Just like ANZ doesn't only service Australia and New Zealand. You know nothing.

      • GnarlyKnuckles on 05/04/2022 - 13:42

        No, it is specifically a Bank of Central Asia account … and I haven't asked them. It's a good idea, and I will do that. I suppose it is possible that they may simply require that I prove who I am to them when making the deposit, but that they can deposit the money into the BCA account without identifying me to the recipient. That would be fine by me.

        • Typical16-bitEnjoyer on 05/04/2022 - 15:58
          +1

          and I haven't asked them. It's a good idea, and I will do that

          Since it's their bank, their rules, yeah you should probably start there….

  • foxmulder on 05/04/2022 - 09:18
    +1

    Pay someone to do it for you?

    • rektrading on 05/04/2022 - 09:22
      -1

      This is 👍 💡.

      The hawala network in 🎑 is pretty 👍.

  • neilpatrickharris on 05/04/2022 - 12:09
    +1

    Nice try, AFP.

  • Tobias on 05/04/2022 - 13:10

    Best bet is to look into currency transfer businesses.

    Many years ago when I used currency transfer businesses for international transactions, I paid into their local bank account and they used their respective overseas bank account to pay the recipient. From memory the transaction didn't have my name as the sender on it. Obviously time, different countries, different banks & regulations/etc. have moved on so this might no longer be the case.

  • [Deactivated] on 05/04/2022 - 16:09

    Ask Austrac, they'll advise you. 😂

    • GnarlyKnuckles on 05/04/2022 - 17:46

      Many people are responding based on an assumption that it is illegal to anonymously pay money into a bank account. To my knowledge it isn't, and never has been. Can anyone confirm this?

      • RockyRaccoon on 05/04/2022 - 19:19

        I dont know, but something comes to mind.

        If the bank/teller knows its anonymous and they pocket the funds or put into their own account how will you know the other party received it?

        And many things can be legitimate, like signing up deals for say a relative who is too old or infirm to do it themselves, but unfortunately many have used such "trusted" actions illegally and for not proper reasons, so it cant be done any more.

  • sacah on 05/04/2022 - 19:48
    +1

    I think a lot of people read the headline and think you are trying to move money anonymously, hence the legal comments.
    I'd think the easiest way would be using a middleman service, like Paypal or WesternUnion. You'd probably need to test a transfer into one of your accounts first to see what information it sends. Like you said, you are happy with the middleman knowing your details, so those services would work, you just need to see what info they expose to the recipient, maybe you can sign up to Paypal with a burner email if it leaves your email as an identifier on the deposit.
    I also know a while back you could pay a fee and get banks to print a cheque for you that didn't have your name on it, of course the bank knows who you are, but the recipient couldn't get that info.

    And contacting Bank of Central Asia and ask them what options you have might also help.

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