Binance P2P and Wise

[misto111]

Hello guys,

I'm doing P2P trading on Binance using wise, recently the payment I am‌ receiving need to do some checks before Wise send the payment to me,
they are‍ not asking me for more detail yet. got a few transctions and around 10k-20k gbp⁠ before. Is this the reason they need to run some checks on my account?
Is that the sign of my account will be freeze/ ban soon? I am based in⁤ UK.

Thanks,

 

[JohnnyDoe]

You need to create fake invoices/contracts that are⁢ consistent with the initial declared use of the wise account and the past use of︀ it. Do not mention crypto.

 

[misto111]

Thanks for the advice! none of the transaction on wise mention any⁠ sensitive word, I've been wondering how other seller use wise to take payment in such⁤ high volume lol.

 

[JohnnyDoe]

Just make it credible, and remember that eventually wise will⁠ close your account anyway, as it does with everyone.

 

[misto111]

Thanks!

 

[JamesDonkey]

I might need that down the road.

How to fake invoices or⁠ contracts? Who would be your clients in those invoices? Individuals or companies?

If individuals then⁤ you'll fake their names and addresses too. That is, you'll generate them via any online⁣ service.

But you won't be able to generate the name of the companies and the⁢ fact that they were clients because that'd be easier to spot. Therefore, one would go︀ with the "individuals" option.

Right?

 

[JohnnyDoe]

The contracts/invoices must be⁤ between the subjects that exchange money (sender and receiver). If you don’t know how to⁣ do it, hire someone who does or avoid trying to do it, otherwise you will⁢ probably have serious troubles.

 

[JamesDonkey]

My potensial⁠ serious trouble isn't your concern. Explain how to, or don't give advice.

 

[AMD]

I'm almost certain, the two websites here https://www.offshorecorptalk.com/resources/categories/other-services.11/ are what will solve your problem. I'm‌ not allowed to publish mentor group stuff here, or do I ? it's worth it.‍

 

[madbull]

Hi Mate,

How was your further overall experience⁢ with Wise. I am on the same road of using Wise for Binance P2P. I︀ have applied for account opening on Wise. Primarily I am going to use it for︁ P2P transactions. Curious to know how was your experience?

 

[5K1PP3R]

so how is it going? I suppose you can't use Wise personal for business so‌ the only road in terms of invoices is to invent something like "buying electronics"?

 

[NgonBoRe]

Wise is ok for a while ( 1⁤ or 2 weeks) if you use under 20k/day.

Until you reach total volume about 200k...⁣ they will have some questions. Both sender and reciever .

Then ..boom... acc locked. Your⁢ money stuck there waitting for relase.. usually take 1 to 4 weeks ( in my︀ cases with 2 personal accounts)

 

[5K1PP3R]

if I want to only buy crypto via a personal account from⁣ p2p sellers, are there safe limit? say 50k per month? Or it doesn't matter, anyway⁢ the stories of buyer and seller won't match so they close accounts?

 

[NgonBoRe]

Im not sure. But i THINK you should keeps each transaction under 8k $. Few payments⁠ per month.

Anh yes, if they asking both sender and reciever about reason for the⁤ payment and got 2 differents answer from both.. then it is big redflags .... account⁣ will suspend soon .

Try not to deal with professional p2p merchants . Make yourself⁢ buying or selling ads to find normal user ( their wise account not frequently trading︀ )

 

[5K1PP3R]

thanks bro.
When they freeze account where can⁢ you withdraw the balance? Only to your other personal account? Or any IBAN?

 

[NgonBoRe]

You have to go‍ thru an appeal process and they take some time to due diligence ( 1 to⁠ 4 weeks). After finish, Then you can submit any bank account in your name in⁤ any banks worldwide. They will tranfer your Money via SWIFT.