Hi peeps! Pls what's the best way to receive international transfers of large sums of money from prospective business partners,without it being regarded as money laundering due to the volume/amount involved,and the money confiscated by the authorities? I need advice from people in the banking/financial sectors,or people who have had such transactions before.

Anyone with a word to chip in?

I receive regularly. No cause for alarm. Just carry your account officer along, if possible let him know ahead. Usually if there is scrutiny, they will ask you acct officer first if he/she is okay with the transaction.

Ok. Thanks.

sholatech:
I receive regularly. No cause for alarm. Just carry your account officer along, if possible let him know ahead. Usually if there is scrutiny, they will ask you acct officer first if he/she is okay with the transaction.

sholatech:
I receive regularly. No cause for alarm. Just carry your account officer along, if possible let him know ahead. Usually if there is scrutiny, they will ask you acct officer first if he/she is okay with the transaction.

Very correct here. As long as it is genuine, you can receive any amount most especially if you operate a domiciliary account. Just preinform your bank through your account officer and you are good to go!