Hello,
I've been using OSCT forum as a ghost reader for a long time and here I am sending my first post, love to be part of this awesome community !
I'm originally from Iran and also having EU citizenship and using crypto, usually stablecoins as a cheap and fast method to transfer my own funds from Iran to EU
I have fully KYC verified accounts in Kraken and using Wise as my main bank account, already done couple of withdrawals to Wise during almost 1 year which sum is 50K and is mostly spent or transferred to my local bank account
I am also︀ using Wise VISA card for my routine expenses, rental fees, groceries, food, travels, etc and︁ almost everything which maybe helping my account to look like legitimate to them
However I︂ need to transfer 6 figures 100 up to 200K from Iran to buy some properties︃ in the EU, I can split transfers in smaller parts but I worry if the︄ threshold would be triggered and Wise compliance department will be asking for source of my︅ funds, which I am note sure if they will be accepting my case
However all︆ accounts such as Iranian local bank, Iranian exchange, European Exchange/Bank account are under my own︇ name and I can send proofs about all my crypto purchases as well
I was︈ wondering to give a heads up to Wise about my activity and trying to send︉ some translated and certified documents about the source of my funds in Iran
I also︊ have other options like using multiple EMI's instead of one such as Bankera, Simplex, AdvCash,︋ etc or trying Crypto-friendly banks such as Fidor AG, Bank Frick, etc as suggested by︌ Kraken
Based on your experiences what do you think about my case and what would︍ you suggest me to do ?
anyway took too long as my first thread but︎ any thoughts would be greatly appreciated
PS: Not to mention that I also have wire️ bank transfer option using some kind of EU regulated exchanges but will be costing more fees and needs some more paperworks to get certified as well
PS2: was not sure about the category, mods please simply move my thread to other categories if needed
Thanks in advance
I've been using OSCT forum as a ghost reader for a long time and here I am sending my first post, love to be part of this awesome community !
I'm originally from Iran and also having EU citizenship and using crypto, usually stablecoins as a cheap and fast method to transfer my own funds from Iran to EU
I have fully KYC verified accounts in Kraken and using Wise as my main bank account, already done couple of withdrawals to Wise during almost 1 year which sum is 50K and is mostly spent or transferred to my local bank account
I am also︀ using Wise VISA card for my routine expenses, rental fees, groceries, food, travels, etc and︁ almost everything which maybe helping my account to look like legitimate to them
However I︂ need to transfer 6 figures 100 up to 200K from Iran to buy some properties︃ in the EU, I can split transfers in smaller parts but I worry if the︄ threshold would be triggered and Wise compliance department will be asking for source of my︅ funds, which I am note sure if they will be accepting my case
However all︆ accounts such as Iranian local bank, Iranian exchange, European Exchange/Bank account are under my own︇ name and I can send proofs about all my crypto purchases as well
I was︈ wondering to give a heads up to Wise about my activity and trying to send︉ some translated and certified documents about the source of my funds in Iran
I also︊ have other options like using multiple EMI's instead of one such as Bankera, Simplex, AdvCash,︋ etc or trying Crypto-friendly banks such as Fidor AG, Bank Frick, etc as suggested by︌ Kraken
Based on your experiences what do you think about my case and what would︍ you suggest me to do ?
anyway took too long as my first thread but︎ any thoughts would be greatly appreciated
PS: Not to mention that I also have wire️ bank transfer option using some kind of EU regulated exchanges but will be costing more fees and needs some more paperworks to get certified as well
PS2: was not sure about the category, mods please simply move my thread to other categories if needed
Thanks in advance
