Anyone tried any Dubai bank to receive 6 figures amounts from legit crypto exchange to bank acc?

[TheCryptoAnt]

PinkCat said:
ah nice! Do they still ask for SoF for large amounts if it comes from an acc in your name?
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No idea g sorry, Id assume yes if the amount if large enough so play a bit of 3D chess w the bank

 

[JackAlabama]

PinkCat said:
ah nice! Do they still ask for SoF for large amounts if it comes from an acc in your name?
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yes, it happens, saw it happening a few times.

 

[bwy]

TheCryptoAnt said:
ENBD on their premier/private (cant remember sorry) is if you get authorization.
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Have you or someone you know actually gotten this setup? What was the authorization process?

 

[fighthorse]

PinkCat said:
Yes you can do it with some EMIs some of the time, but it is not predictable and reliable. Example, I've been using wise since before they were transferwise, ran 6 figures just fine, and recently they just closed my account.
Again, I'm not involved in anything illegal.
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can be your crypto was tinted as discussed before. I don't have problems with Wise or binance to exchange crypto to fiat.

 

[PinkCat]

fighthorse said:
can be your crypto was tinted as discussed before. I don't have problems with Wise or binance to exchange crypto to fiat.
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no, because all wise see is fiat transfer coming from kraken, they know its from crypto but that's it

 

[bwy]

JackAlabama said:
yes, it happens, saw it happening a few times.
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What is the SOF (Source of Funds) check like with ENBD? Do they verify your actual crypto holdings and trading history, or is it better to be creative and avoid mentioning crypto directly?

 

[JackAlabama]

bwy said:
What is the SOF (Source of Funds) check like with ENBD? Do they verify your actual crypto holdings and trading history, or is it better to be creative and avoid mentioning crypto directly?
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ive seen it all happening. So its a classic case of ymmv.