Paysera or Bankera or AdvCash

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stevy777

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Jul 4, 2021
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Which one do you reckon i should go with? (or another one) - i mostly want to use it as a transactional business account to pay for stuff online with visa/mastercard

Revolut just closed my account for no reason. I need isle of Man business so can't do Wise, N26 or Monese which both looked good

thanks for the help on this

Last edited: Apr 12, 2022
 
If those three are your options, go for all three.

These days, you can't have‌ too many accounts.
 
I totally agree, take all three and‍ add more as you find them. Searching the forum will pull a lot of results⁠ up.
 
Bankera is becoming less and less usable - for incoming transactions of 4 figures they‌ started requesting silly stuff like 6 months of full account statements from the sender account,‍ pure madness....
 
I don't understand the point of AdvCash, you can't receive wire transfers, so yeah expensive‌ and of little use.
 
In my experience most people‍ who use ADVCash as their primary do it because they have no other options
 
Adv is great for cashing‍ out on ATM.
You can cash out 80k € per year if you load it⁠ through theter or any other crypto currency they support..

Most others have a lot less⁤ limit for getting to actual cash. So i guess each emi has its own perks..⁣
 
Bankera is also good for ATM. If you ask, they raise limits and you can‌ withdraw basically any amounts
 
I bet, but they ask SOF‍ for increasing your limits.. it's pure insanity they've asked for 6 months bank account statement⁠ just for my request to increase my daily spending limit..
 
You don't get the point.

I have no problem with SOF‍ in-general.

However, bankera has asked me for SOF for a single request I've submitted to⁠ have my card's spending limit increased.

They've immediately replied to me that they are happy⁤ to do so but I must provide a valid reason, why I want this, and⁣ also my main bank account statements of the last six months, LMAO.

My bankera account⁢ was still brand-new, meaning that, it had ZERO transaction history... !!!
.... but still, they︀ wanted to do SOF for just a request 😀 LOL

Guess what would happen if I︁ were to receive 5 figures on this account ... immediately locked and frozen for ages︂ until they say something terrible to you to confiscate the funds...

Just stay away from︃ this trash EMI.
 
I don't think you are quite right in your view of banks and their process‌ for complying with legislation and international rules against money laundering. What they are doing is‍ simply something they have to do. Either you can give them the information they ask⁠ for or you can choose not to. Cooperation is often a better solution than opposing⁤ and complaining.
 
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