SpectroCoin > Transferwise?

[dragonballrulez]

Hello, This is my First Post in this awesome forum 😀
After couple days research is‌ my conclusion valid:

For e-Residency Estonian company that wants to offer Crypto Payments to the‍ customers and has Transferwise account is this the best option:

1. Customer comes to the⁠ website
2. Pays with Crypto (Bitcoin/Alt) using SpectroCoin
3. It gets instantly converted to FIAT⁤ EUR
4. Then it is sent to Transferwise in EUR

The FIAT from SpectroCoin comes⁣ from a Dedicated IBAN.
It is all according to Transferwise requirements and the company actually⁢ doesn't touch any crypto coz it's instantly converted to EUR.

If I have made a︀ mistake anywhere please correct me 🙂
If there is even BETTER option feel free to share︁ it

 

[cp74]

I can say that Wise to Spectrocoin will be a problem, so you should consider‌ the reverse too. I have both but never tested not to get a risk.

Why you don't think about Bankera for a proper way with Wise. You can still manage‍ transfers between Bankera and Spectocoin internally as well.

I suggest you get help from @Gediminas

 

[dragonballrulez]

Thank you cp74

Option 1:
Spectrocoin > Bankera > Transferwise⁣ > Personal Bank account
In this case is it possible for: Spectrocoin > Bankera >⁢ Personal Bank account?

Option 2:
SpectroCoin > Transferwise > Personal Bank account.
Transferwise in their︀ regulations say that they accept FIAT funds for crypto payment processors, if it is regulated︁ in EU/UK and comes from a dedicated IBAN.
So, according to their rules, it should︂ all be good to go.
Has anyone had any troubles: SpectroCoin > Transferwise?

 

[Gediminas]

Hey,

If you are eligible, you can request vIBAN at SpectroCoin, so you could transfer‌ to/from Wise without problems as long as they won't ask for the source of the‍ money. SpectroCoin vIBAN would look the same as Bankera's.

 

[JohnnyDoe]

What is SpectroCoin vIBAN?

 

[dragonballrulez]

Thank you Gediminas for the response.
Your experience if of great help.
Yes, it should look⁠ the same coz as far as I have concluded those three companies SpectroCoin, Bankera and⁤ Pervesk are run by the same people.
By this you mean that: Transferwise doesn't accept⁢ companies to receive their funds from Crypto Payment Processors? Even through FIAT EUR directly...
And if they ask for the source of funds, they could make troubles for my company?︀

 

[Gediminas]

Then they will find out the money is related‍ to crypto.