Crypto friendly
Interesting, I'll give them a try
So the IBAN was not in your name?Cavendish said:
I did a test transfer from Altery to Kraken and the send email from Altery and the receive email from Kraken were timed just two minutes apart. However, when I tested a transfer to Fiat24 (another @JohnnyDoe top tip) the transaction was refunded back to Altery. At this stage I am not convinced that the 'Within Europe' SEPA info is customer unique as there are notes in the FAQs that suggest also quoting your Altery ID as the IBAN is Corporate wide. If this was the case it would explain why Fiat24 rejected the transaction. That said, I underwent my usual customer services test and spoke to a human within one minute (in fact the auto message actually says you are being transferred to a human!). Comms after that was excellent via the in App support chat. Hope this helps.
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Good timing with your question as I have just solved the riddle. Firstly, yes the IBAN is in your own name so good news there. I think the problem was that Altery do not have a section to add recipient post code in their app. Comms with Fiat24 alluded to this. I tried again and added my post code after my street address and that worked. Transfer took just over one hour.
So all is good with them right ? I plan to open an account with them next week for a business only accepting crypto for payments.Cavendish said:
Good timing with your question as I have just solved the riddle. Firstly, yes the IBAN is in your own name so good news there. I think the problem was that Altery do not have a section to add recipient post code in their app. Comms with Fiat24 alluded to this. I tried again and added my post code after my street address and that worked. Transfer took just over one hour.
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Then it basically is just for receiving EUR and GBP to send it USD (and other currencies). What are their FX costs? Account is pretty expensive for non EU/UK companies.JohnnyDoe said:
As for the business account, you don't get a dedicated IBAN. Therefore, pretty useless.
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Real cost is your entire balance (which you might or might not recover), plus lawyers fees to unfreeze it.daniels27 said:
What are their FX costs? Account is pretty expensive for non EU/UK companies.
https://altery.com/fees/
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damn... 500 euro triggered this already. My first transaction was 2 digits from a real personal UK bank which did not invoke the monkey.JohnnyDoe said:
I deposited 500 Eur on my personal Altery account from another personal account of mine in France (first transaction on the account). Result:
“We've noticed some recent activity on your account that needs further review to ensure everything is secure and in line with our policies. As part of this standard process, we've paused your account activities to help keep your information safe.
I'll be in touch if anything is needed from your end. Please wait for the updates.”
Just another rubbish EMI poo¤%&&
@nurredon claims to be a shareholder of Altery, would be interesting to hear from him.
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Bitcoin would fix this 😉JohnnyDoe said:
Real cost is your entire balance (which you might or might not recover), plus lawyers fees to unfreeze it.
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That's concerning - I moved €1000 from a personal UK bank no problem (to be moved elsewhere on other tests) - however after your experience I will be inclined to pull the plug on this one.JohnnyDoe said:
I deposited 500 Eur on my personal Altery account from another personal account of mine in France (first transaction on the account). Result:
“We've noticed some recent activity on your account that needs further review to ensure everything is secure and in line with our policies. As part of this standard process, we've paused your account activities to help keep your information safe.
I'll be in touch if anything is needed from your end. Please wait for the updates.”
Just another rubbish EMI poo¤%&&
@nurredon claims to be a shareholder of Altery, would be interesting to hear from him.
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It already did. I only need banks for dealing with those (now a minority) who still can't/don't want to use crypto.
I don't sue for 500 Eur.daniels27 said:
You must have nerves of steel to deal with so many rubbish banks while all suing them.
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I just abandon them and uninstall the app. Not worth the effort to go through account closing process.daniels27 said:
Highly appreciate your testing of those! Are you keeping all those accounts open if they don't close it?
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I think he just knows him:JohnnyDoe said:
@nurredon claims to be a shareholder of Altery, would be interesting to hear from him.
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nurredon said:
I know the owner behind it. He's legit and this is a reliable EMI.
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