Any feedback about "Transactive" ?

[Blackcrypto]

Hello guys,

Any review/feedback about "Transactive Group"

Thanks​

 

[Blackcrypto]

please any feedback ?? ?

 

[Sols]

Transactive provide high-risk financial institutions like Migom Bank and Macropay with account and processing services.‌

Be careful with them.

 

[Blackcrypto]

Hey! thank you for your feedback‍
"Be careful with them" why? Have you heard anything about them?

 

[GlobalConsult]

And why should to be careful?

They have an e-money license in the UK and‌ LT and also offer SEPA loading for various cryptoexchangers such e.g. KuCoin,

 

[Sols]

I wouldn't store wealth with them. Use them to receive funds but move them‍ elsewhere.

They have a clientele that will eventually attract regulatory attention. If there is anything⁠ they aren't doing properly, you don't want to risk having your funds stuck during an⁤ audit.

 

[lostguy]

General rule to apply for all EMI's - the money‍ can go through but should not be stored there.

 

[brunelloch]

Can you elaborate here a bit‍ more. From the security perspective, would not you be safer and better off to hold⁠ your money with EMI rather than a traditional bank?