What is the best way to get lots of cash into and EMI like Wise or Revolut?
- Thread starter Houdini
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Deposit the cash with a bank at a branch and then initiate a wire transfer to your Wise and Revolut accounts.
Depending on how clean and well documented the origin of the cash, that's either a trivial process or is going to drain the life essence out of you.
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This is the probably the answer to your question.
Depending on how clean and well documented the origin of the cash, that's either a trivial process or is going to drain the life essence out of you.
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This is the probably the answer to your question.
@JohnnyDoe cig-:,
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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity
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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity
please elaborate this step... let say you sit in your kitchen with 500k EUR in the backpack... what's next?
Find a buyer and potentialy get % on top of 500k in crypto.
However I have only read about this on the internet, I assume it is not possible in real life. ;-)
You make two toasts with honey and two slices of cheese, preferably edam or cheddar. Once you consume it and the fiat is from a legit source, give me a call.
not saying it's not possible but definitely difficult and with huge potential of things going south
let say I'm brave/unwise enough to give a call to a guy from the internet forum...
hey buddy I'm John Doe, sitting on 500k EUR in cash in the middle of France, 100% legit, let's make a deal
what next?
Obviously the trust factor is of maximum relevance here, however these type of transactions are taking place regularly. A % should be charged for the service and you hand out the cash and have the crypto transferred to you rather silmutaneously. Usually in a public space or hotel. A counting machine may also be used for counting and to check for fakes.
I must be a wuss but this is way out of my comfort zone... I hesitate to believe this happens very often (if at all) without solid personal references which brings us back in a circle to the original problem
good luck though and be safe
Way out of the comfort zone for most 🙂
This is not a regular thing for me either, but it is happening regularly.
baw3## Stress is one of the leading all-cause mortality.
I'm going to have a drink now. I need one! I've lost so many college buddies and friends because of stress. cry&¤
OP, @I'mRobot, listen to @Sols, and remember: If at FIRST you don't succeed, skydiving is NOT for you! ... and neither is trying to convert cash into another form unless you have a proven, time-tested ride-or-die partner who can exchange it for you! 😉
***THIS*** is how we purchased crypto back in the day on localbitcoins.com.
None of you remember this? 🙄
What kind of notes you have? Mostly 5 EUR or 20, 50, 100, 200, 500?
Is the cash located in the EU?
Where are you located?
Based on that you can find some institutions that can exchange cash to e-money.
it was a different story in 2014... and nobody I know was bumming around with 100k+ 😉
The good old days... I "heard from a few friends" who were buying millions off LocalBitcoins ... but sadly, they later lost them in a boating accident smi(&%
I'm so glad you have learned this painful but non-obvious truism. Much #Respect!
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