Best bank for full time crypto/forex trader.

[Min0taur0]

Hello everyone.
I'm from Italy and I need a serious bank to cash out all‌ the money I made on crypto and forex trading. In Italy generally they question you‍ for every single wire that coinable is sending just because they are form UK but⁠ the sent money is from Estonia (Brexit) same goes with Binance.
I use also Revolut⁤ never had troubles with it but also I never sent too much money.

Please help⁣ me out.

 

[Gediminas]

Hey,

You have to understand one thing - retail banks won't be friendly to your‌ money sources, they also won't open account for non-resident, so your goal is to find‍ a business-oriented EMI that is crypto/forex friendly.

Retail oriented fintech such as Revolut or Transferwise⁠ might look good until you cross the road with the compliance. It's very generic, disappointing,⁤ ignorant, and slow. Your money could be frozen for months.

I would recommend applying to⁣ Bankera. For EEA residents the pricing is superb.

The Visa card is also free. Good thing is that︂ they are the providers of the cards, meaning they are not issuing them over 3rd︃ party. They are principal members of Visa.

They support SEPA Instant transfers, so your money︄ can reach the beneficiary in seconds.

If you run a higher turnover, I would suggest︅ to send me an email, so I would make sure you won't have any headaches.︆

Hope it helps 😉

 

[nomad999]

it all depends on how much are we⁢ talking about and what are the frequency of the bank transfers.

would you mind sharing︀ your experience with revolut in more details ? how much, how frequent and from which︁ crypto exchange ?

 

[CaptK]

If you are talking 6 figures speak to Seba Bank

 

[Min0taur0]

I just chat with them and I’m gonna give it a try. If my volume increase︃ can we move to a real bank with Phisicall office too ? Where can u︄ explain me details ?
Tnks

 

[Min0taur0]

I generally her paid in crypto so I change in in Coinbase and wire⁤ to Revolut. All work and no troubles but I have invoices that demonstrate so I⁣ deal with compliance in minutes.

 

[Obelix]

what you mean i have invoices?⁠ perphas its languages, but invoice i understand its the paper a company do when sell⁤ a product