Large Prepaid Cards

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Rick Ross 305

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Jul 27, 2022
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Hey Guys,
What have you seen lately in terms of large prepaid cards processors? There is a well-known is Switzerland that would allow uploads of up to $70k, then was told of another one that would allow up to $ 500k but now hearing there seems to be at least 2 players, one with an EUR 1.6mm and another USD 2.5mm uploads.
Is this possibly true? Would you know who/ where are these?
Thanks.
 
Rick Ross 305 said:
Hey Guys,
What have you seen lately in terms of large prepaid cards processors? There is a well-known is Switzerland that would allow uploads of up to $70k, then was told of another one that would allow up to $ 500k but now hearing there seems to be at least 2 players, one with an EUR 1.6mm and another USD 2.5mm uploads.
Is this possibly true? Would you know who/ where are these?
Thanks.
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Who provide this type of card?? Really curious to know
 
Quite a few providers but doesn't seem right to put their names here on public display but nothing irregular or illegal at all. HNW people upload these large amounts to handle daily expenses and avoid the burden of having to send payment instructions to the bank all the time, specially if your account has high scrutiny and you have to provide support docs all the time, also, if your account gets blocked for any reason you still can handle your expenses for some good time until/ if you sort that out.
 
Rick Ross 305 said:
Quite a few providers but doesn't seem right to put their names here on public display but nothing irregular or illegal at all. HNW people upload these large amounts to handle daily expenses and avoid the burden of having to send payment instructions to the bank all the time, specially if your account has high scrutiny and you have to provide support docs all the time, also, if your account gets blocked for any reason you still can handle your expenses for some good time until/ if you sort that out.
Click to expand...
HNW people use Amex cards with a monthly bill, or whatever other brand with similar terms. They don't have $1m daily expenses to charge on a card.
A card can be blocked at any time like a bank account.

You are dreaming to have a system to transport large quantities of money privately, securely and conveniently, without having to deal with a third party. Wait”¦ something like that already exists! 😉

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JohnnyDoe said:
HNW people use Amex cards with a monthly bill, or whatever other brand with similar terms. They don't have $1m daily expenses to charge on a card.
A card can be blocked at any time like a bank account.

You are dreaming to have a system to transport large quantities of money privately, securely and conveniently, without having to deal with a third party. Wait”¦ something like that already exists! 😉
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Sorry' for ignorance... Can you tell how???
 
I can't believe this to be true, are you sure you have looked right?

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JohnnyDoe said:
Once you have “loaded” a card with $1m, what do you do with it?
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There are cases and cases, many HNW people can handle a regular card with certain spending terms, but agreed by the client himself and there are people with really expensive and incredibly rare expenses, i can assure you from own experience

There are people who 1 M$, does not last in their hands less than 1 hour, in the right place even few minutes.
In the context of really lavish shopping and really expensive gambling are understandable examples.
 
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