The worst EMI in the world

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Mercury was good, but they were requesting information from me almost every week. I used them for over a year, but my account was eventually shut down. They gave me 30 days to withdraw my funds and download statements.

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yngmind said:
Mercury was good, but they were requesting information from me almost every week. I used them for over a year, but my account was eventually shut down. They gave me 30 days to withdraw my funds and download statements.
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What kind of info? Can you go into more specific details? Thx
 
rss said:
What kind of info? Can you go into more specific details? Thx
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ID verification
Proof of domain ownership
Business operations clarification
Source of Funds
U.S. Operations:

They were asking the same stuff every other week.


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I'm not a tax advisor, so please don't consider my posts here as tax advice. Always seek a professional opinion.
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Business Bank Account for your US LLC Remotely
 
Belfort said:
Accepted a P2P transaction. Maybe the other guy was high risk and they decided to take down two birds with one stone.
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JohnnyDoe said:
P2P is not acceptable, like with most EMIs.
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Yeah. In addition, Zen has gone really crazy last time, as most of the LT EMIs ”“ due to that LT regulator has gone crazy.


yngmind said:
ID verification
Proof of domain ownership
Business operations clarification
Source of Funds
U.S. Operations:

They were asking the same stuff every other week.

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OMG.
R.I.P. Mercury.

Last edited: Nov 28, 2024
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

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yngmind said:
ID verification
Proof of domain ownership
Business operations clarification
Source of Funds
U.S. Operations:

They were asking the same stuff every other week.

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Makes sense. I'm guessing you didn't have US operations (?)
 
rss said:
Makes sense. I'm guessing you didn't have US operations (?)
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Even when, asking for the same stuff every other week does not make much sense, with all due respect...

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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...
 
Forester said:
Even when, asking for the same stuff every other week does not make much sense, with all due respect...
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I agree but we don't know what he was submitting every week”¦

I kept the ball rolling like this with binance for over a year, just kept feeding them bs over and over again hap¤#"
 
Even when, asking for the same stuff every other week does not make much sense, with all due respect...
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For them its a day job to ask this stuff, so they cant understand that you have other things to do in your life.
 
yngmind said:
Mercury was good, but they were requesting information from me almost every week. I used them for over a year, but my account was eventually shut down. They gave me 30 days to withdraw my funds and download statements.
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Thats the good in them

They give you a chance to take out your money
 
rss said:
I agree but we don't know what he was submitting every week”¦

I kept the ball rolling like this with binance for over a year, just kept feeding them bs over and over again hap¤#"
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why would someone do that if he want an account with mercury?
 
SilverNeo said:
No, they offer this on paper they will say X amount of days and you won't have it and then you complain to the regulator and provide your evidence and then after a few months you will finally get your money back.
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In my case they did offer 1 month. I guess it depends on the reason for termination. But then I appealed and recovered the account
 
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