I think if you stay away from $ on these things you end up ok.
Mind I just sent a small dollar amount to a chap stateside for something (data I came across which he had on his site - hobby) that can’t be attained without a lot of fuckery - gift my end to him as a thanks - but that was wise to wise tag so not using the banking system - probably another reason people have issues is using swift or using wise -> external account at some point it will flag up an issue and the compliance costs are just not︀ worth it.
Perhaps get the counterparties to also use wise and provide their tag then︁ it’s all internal DB to internal DB and technically should reduce the compliance concerns as︂ it’s all internal and not something wise has concerns from regulators external over as they’ve︃ carried out KYC and AML on both ends.
Mind I just sent a small dollar amount to a chap stateside for something (data I came across which he had on his site - hobby) that can’t be attained without a lot of fuckery - gift my end to him as a thanks - but that was wise to wise tag so not using the banking system - probably another reason people have issues is using swift or using wise -> external account at some point it will flag up an issue and the compliance costs are just not︀ worth it.
Perhaps get the counterparties to also use wise and provide their tag then︁ it’s all internal DB to internal DB and technically should reduce the compliance concerns as︂ it’s all internal and not something wise has concerns from regulators external over as they’ve︃ carried out KYC and AML on both ends.
