Hello there guys,
Has someone tested the Binance card? It's working well?
About that type of prepayment or debit cards which are linked to your personal or company account like the Binance card, the Advcash debit card, etc...What do you thing on terms of reporting under CRS to your high tax country?
Someone told me that as per debit visa and debit mastercard you pass verification, you're fully identified. Or also for Mercury EMI in USA or similar, the same. The fact is:
- When you cash out in a cashier with Advcash or Binance card in your home country, the banks are informing your local tax about that? (about there's a withdrawal of 3K in your name under a visa o mastercard)
- If you make purchases online at a lottery website, hosting, online supermarket, etc...you're also targeted the same way like cashing out in a local cashier?
Has someone tested the Binance card? It's working well?
About that type of prepayment or debit cards which are linked to your personal or company account like the Binance card, the Advcash debit card, etc...What do you thing on terms of reporting under CRS to your high tax country?
Someone told me that as per debit visa and debit mastercard you pass verification, you're fully identified. Or also for Mercury EMI in USA or similar, the same. The fact is:
- When you cash out in a cashier with Advcash or Binance card in your home country, the banks are informing your local tax about that? (about there's a withdrawal of 3K in your name under a visa o mastercard)
- If you make purchases online at a lottery website, hosting, online supermarket, etc...you're also targeted the same way like cashing out in a local cashier?