So long Bankera

[wellington]

Expect to see that cease most of its operations due to revenue collapses.

https://cointelegraph.com/news/lith...-crypto-regulation-and-ban-anonymous-accounts

 

[diatessaron]

Thank for posting this. Will be interesting to learn how SpectroCoin handles this. They're both owned by the same people.

 

[clemens]

Maybe @Gediminas know more?

Toggle signature
One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity

 

[lostguy]

clemens said:
Maybe @Gediminas know more?
Click to expand...

he may not know! 🙁

 

[Konstanz]

I don't think there is much difference to Bankera. Bankera is not crypto company they provide fiat service, it's different regulation

 

[Gediminas]

wellington said:
Expect to see that cease most of its operations due to revenue collapses.

https://cointelegraph.com/news/lith...-crypto-regulation-and-ban-anonymous-accounts
Click to expand...

there won't be any difference for Bankera at all

lostguy said:
he may not know! 🙁
Click to expand...

I always know thu&¤#

Toggle signature
https://locked.money - Your Crypto Management Company, Ready in Days ”“ Trade, Invoice, $1,200/Year!

 

[wellington]

Too time consuming to use them anyway, far superior offerings in the market.

 

[Sols]

I don't see how this is specific to Bankera or would impede their business.

There is a lot Bankera can do better. But offering anonymous accounts isn't something they do.

Toggle signature
This is the probably the answer to your question.

 

[forbidd3nknowl3dg3]

Sols said:
I don't see how this is specific to Bankera or would impede their business.

There is a lot Bankera can do better. But offering anonymous accounts isn't something they do.
Click to expand...

Sols: Can you PM me? I'm not sure how to initiate a private convo with you on OCT.

 

[Gediminas]

Sols said:
There is a lot Bankera can do better.
Click to expand...

would you mind giving to me those suggestions either here or in private? I would forward them to Bankera, because they are always improving and care about the feedback from the market.

Toggle signature
https://locked.money - Your Crypto Management Company, Ready in Days ”“ Trade, Invoice, $1,200/Year!

 

[lacomaco]

wellington said:
Too time consuming to use them anyway, far superior offerings in the market.
Click to expand...

It would be great if you could share your experiences with other EMIs

 

[JohnnyDoe]

After some months, I unexpectedly received an email from Bankera telling me that I have been approved! 😳
I remember I was denied an account”¦ anyway, now I have the privilege to use this EMI for up to 1,000 Eur per year smi(&%
I applied for level 2 verification which would increase the limit to”¦ 1,000 Eur per month! rof/%
It must be that they are in desperate need of some fresh meat if they exhumed my application and they want me as a client. I suspect they will quickly freeze my account one it has some money on it though.

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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[Gediminas]

JohnnyDoe said:
After some months, I unexpectedly received an email from Bankera telling me that I have been approved! 😳
I remember I was denied an account”¦ anyway, now I have the privilege to use this EMI for up to 1,000 Eur per year smi(&%
I applied for level 2 verification which would increase the limit to”¦ 1,000 Eur per month! rof/%
It must be that they are in desperate need of some fresh meat if they exhumed my application and they want me as a client. I suspect they will quickly freeze my account one it has some money on it though.
Click to expand...

This is fud based on nothing but your imagination. Bankera does not block accounts without real reason. They are highly regulated and they easily pass all audits every year.

Toggle signature
https://locked.money - Your Crypto Management Company, Ready in Days ”“ Trade, Invoice, $1,200/Year!

 

[JohnnyDoe]

Gediminas said:
This is fud based on nothing but your imagination. Bankera does not block accounts without real reason. They are highly regulated and they easily pass all audits every year.
Click to expand...

It is just a suspect, based on their behavior so far.
As to audits”¦ Wirecard was audited too”¦

WTF? Why don't they focus just on providing a decent service instead of playing politics?

Last edited: Aug 27, 2022
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[Konstanz]

Yes they have many applications. Yes I received questions from compliance, but it's normal.
Never had any problems with Bankera.
If you do something illegal, of course you can have problems with any bank or EMI...

 

[void]

they are unbelievably intrusive (even for current standards)

immature EMI with questinable business model

maybe with 3 figure balance and free card for daily spending 🙂 otherwise I cannot recommend

 

[polonieth]

void said:
immature EMI with questinable business model
Click to expand...

Elaborate on this statement with why....

 

[void]

polonieth said:
Elaborate on this statement with why....
Click to expand...

I already posted my experience in another thread I think

for example I transferred hundreds of thousands through them paying zero fees (I mean NOTHING 😀)
then without changing the pattern used for 2 years they started asking non-sense (bigger non-sense then others) like 6 months of full statements from a service that was used to transfer money to them, 3 previous tax return declarations that didn't even include the source of income involved with the account, marriage certificate when I declared that the payment is coming from my wife's account at bankera, etc.

ZERO individual assessment of the situation, they keep repeating the bulls**t no matter what you provide and what you explain - maybe their way how to push away a client after they realized he is paying nothing with their silly fee structure

horrible garage style unusable website is just a cherry on top
I reported about 10 errors and design flaws but literally on one cares, after years it's all still there and you can't even repeat the bloody payment you're sending twice a week without c&p all the fields

 

[polonieth]

void said:
I already posted my experience in another thread I think

for example I transferred hundreds of thousands through them paying zero fees (I mean NOTHING 😀)
then without changing the pattern used for 2 years they started asking non-sense (bigger non-sense then others) like 6 months of full statements from a service that was used to transfer money to them, 3 previous tax return declarations that didn't even include the source of income involved with the account, marriage certificate when I declared that the payment is coming from my wife's account at bankera, etc.

ZERO individual assessment of the situation, they keep repeating the bulls**t no matter what you provide and what you explain - maybe their way how to push away a client after they realized he is paying nothing with their silly fee structure

horrible garage style unusable website is just a cherry on top
I reported about 10 errors and design flaws but literally on one cares, after years it's all still there and you can't even repeat the bloody payment you're sending twice a week without c&p all the fields
Click to expand...

Ok, but what is questionable about the business model?

 

[void]

polonieth said:
Ok, but what is questionable about the business model?
Click to expand...

look at the fees they charge and for what - it doesn't make any sense to me and I have no explanation what are they living from unless they have very patient investors and aggressive exit strategy based on the client base value...
or maybe there are other explanations out of legit scope, I don't know

btw they now refuse to tell me whether I'm allowed to use the account or not after i refused to provide what they asked for - "supporting documentation might be required for future transactions" 😀

all and all garage look and feel from my perspective