Transfer from TransferWise to ADVCash or Etana

[BrettonWoods]

This is going to be blocked, right? Due of the EMI to EMI forbidden ridiculous rule.

I'm asking just in case, maybe someone here was able to do it.

 

[Edge]

Blocked and your account may be in jeopardy if you do it often, mostly because‌ advcash is synonym with crypto and Wise hates that.
Not sure about Etana, aren't they‍ just custodians ? But I wouldn't be surprised if they are blacklisted since you can⁠ link your etana account to Kraken apparently .. So I don't know ..

 

[jd919]

"We do not work with Transferwise" said Etana.
And you can't verify account on Advcash‌ with TransferWise statement because TransferWise is not a bank just a third party.
Mostly TransferWise‍ account only work with exchanges under UK regulator.
But some UK regulated exchanges still not⁠ work with TransferWise because they are not a bank is only third party.

 

[jd919]

Wise link
https://wise.com/help/articles/2932118/incompatible-accounts-and-payments

 

[Piano]

So Kraken should be no problem for‌ Wise..,

 

[vudangthai]

I transferred‌ EUR from Kraken to Wise, fund credited in around 6 hours.

 

[JohnLocke]

That's an important part, didn't know they could communicate in German‍ 🙂

Anyway, it's a one way thing, you can pay in from crypto platforms to Wise⁠ but you can't pay out to crypto platforms from Wise.

It's better then nothing 😉

 

[MakingP]

Yeah I found this strange when I first came to know - has anyone figured out how to transfer from Wise to an exchange?

 

[jayjay]

Yeah I found this strange when I first came to know - has anyone figured‌ out how to transfer from Wise to an exchange?

 

[Cavendish]

via Bankera or iCard for outbound to Kraken are two of numerous options that work.‌

 

[uplana]

You are going to use services like Spectrocoin or Intergiro which both works all ways around‍ as of the time I write this.

There are many other services that may work⁠ for the same. For instant Revolut could be a possible middle man service.

 

[MakingP]

Cavendish said:
via Bankera or iCard for outbound to Kraken are two of numerous options that work.
Click to expand...

uplana said:
You are going to use services like Spectrocoin or Intergiro which both works all ways around as of the time I write this.

There are many other services that may work for the same. For instant Revolut could be a possible middle man service.
Click to expand...

Thanks both - this is great, any thoughts on which option is most preferrable? Ideally the easiest option which allows me to get funds into Kraken

 

[jayjay]

Thanks both - this is great,⁣ any thoughts on which option is most preferrable? Ideally the easiest option which allows me⁢ to get funds into Kraken

 

[uplana]

Spectrocoin let you do that easily, but is it crypto or fiat you want into‌ kraken ?

 

[MakingP]

uplana said:
Spectrocoin let you do that easily, but is it crypto or fiat you want into kraken ?
Click to expand...

Fiat

 

[jayjay]

Fiat

 

[Cavendish]

Between Bankera and iCard my personal preference is Bankera - due to higher transfer⁠ limits, faster processing and responsive customer service.

 

[noname]

So if I sell crypto on any EU/UK regulated exchange such as Bitstamp I can‌ withdraw EUR to Wise account, but if I want to purchase crypto from Bitstamp or‍ Kraken then it must go Wise > Bankera (or other crypto friendly EMI) > Exchange.⁠ Can't do it directly Wise SEPA > Bitstamp, Is this correct?