Mercury Bank Verification after 3 years

[Alexmorgan]

Sounds like no one can relay on EMIs

Both Relay and Mercury were great banking options but in this case its time for me⁢ and others to move our companies and funds else where as US is destroying it︀ this way

 

[AutoKing]

can someone be kind enough to provide a blueprint of banking in the US ?‌ for business , as i am no longer able to tip toe the landmine of‍ US banks.

 

[JohnnyDoe]

AutoKing said:
can someone be kind enough to provide a blueprint of banking in the US ? for business , as i am no longer able to tip toe the landmine of US banks.
Click to expand...

It is not possible, because every business is different
Anyway the recommendations are valid everywhere: limit dealings with private persons, avoid transactions to/from unusual countries, describe your operations clearly and in detail at account opening and don't do anything different.

And the important advice is: use crypto whenever you can. Even the best bank with the best intentions is limited by the “rules and regulations”.

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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields​

 

[berseker]

this is my take on EMI big NOs, Avoid⁢ Wire transfers always use ACH, as wire transfers have more scrutiny and are subject to︀ harsher justice laws probably compared to ach that goes though a clearing house which is︁ why take more days but safer from fraud compared to wire, and also avoid transfer︂ money to entities and personnel in asia in general, as for why they hate this︃ my thinking is probably is that they need to keep their sheets clean in case︄ of audits in future, as asia transfers are very hard to trace who the real︅ beneficiary of the account you sent the money it's a low cost effort to make︆ money laundering compared to EU, and EMI are just small time wanna be banks that︇ can't weather a scandal if it ever has issues with customers sending funds to recipients︈ that are hard to identify their identity.