Wise closing my business account need new EMI or bank

[Marshal]

So he can lose half of it or worse when/if crypto devaluates again? He isn't asking‌ about investing strategies, is he? Crypto is a risky business. Just look at today's crypto‍ market. How it's bleeding. Yes, you can win big, but who knows when bull run⁠ is going to start? It's a game you shouldn't play with your savings.

Perhaps the reason is⁢ very few people use them? For your own sake I hope you are not planning︀ transferring that amount of money to an EMI almost no one heard of.

 

[CyprusLawyer101]

You could say marketing services to online businesses.⁤ And also explain to them the plan for your new venture.

 

[Sols]

Lots of‌ small and high profile gambling companies use Finductive. The CFO of a big company like‍ that isn't going to write a review on TrustPIlot.

 

[Clearsky Network]

Sure, will try to help
get in touch with me via telegram @ClearskyPayments and provide⁠ basic company info

Xace is⁤ supposed to be the most gambling friendly EMI, however, their compliance is very unreasonable. Many⁣ cases when companies suddenly find out their account is blocked for no reason.

 

[ayousupply]

Yeah that is why I am currently doing research︀ on which one to use
My options so far: 3s Money or payset

Yeah of course not, I am not interested in a review from the company employees but︃ from real people

 

[ayousupply]

So I got an account now with 3s Money. Good thing is, account manager reached‌ out and we decided to even get paperwork to compliance team even before the transfer‍

Because the thing is, as soon I got the 400,000$⁣ I will transfer it to a US company for a digital asset.

 

[maxmoney]

They used to advt. here time agos.

 

[vehzag]

And they will︀ collect this funds and then close your account without any explanation after first transaction. Even︁ if you have all the docs. Be careful
With personal account for now all good︂ with them

 

[ayousupply]

I registered with 3s Money,⁠ and have also sent my documents to them for sending out the 400,000$ because I⁤ want to buy a digital asset. My account manager in 3s will let their compliance⁣ team check that before I even sent the money to 3s. Hopefully this works

 

[ayousupply]

So I have an account with 3s Money and opening one with payset
Not sure‌ to which one I shall send the money to from the closed Wise account.

Payset seems to be more safer bet when it comes to gambling:
"engage in any illegal‍ gambling activities,"

3s Money:
"unlawful gambling activities"

unlawful is more strict than illegal

I do⁠ like 3s Money though, because they have a dedicated account manager and respond much faster⁤ so far than payset.

Anyone any idea?

 

[Sols]

Is it? What's the‌ difference? They just look like synonyms to me.

Talk to the banks/EMIs, explain what the transaction is for, and get them to⁠ pre-approve it.

 

[ayousupply]

Yes that is what I am doing right now. But I don´t‍ have much time as the sale has a deadline.

It is indeed. If⁤ it is unlawful it means it can be maybe not regulated and has not established⁣ any laws to it. And illegal is as it says, illegal and pretty good defined⁢ by law

 

[bibing]

Since when marketing is considered high risk?

 

[ayousupply]

Since it is‌ being done for Gambling companies I guess. Because it is affiliate marketing.

 

[Sols]

Marketing is often‌ used as a front for other transactions. Transaction amounts can vary wildly and it's very‍ tedious to verify that the services were provided, which makes it popular for moving large⁠ sums of money around. It doesn't exactly help when the marketing is for another high-risk⁤ activity.

 

[ayousupply]

Airwallex looks also quite good. Will try to open an account with them

Also will‌ probably open account with mano.bank they are specialised in gambling but they are fucking expensive‍
3000€ to open the account

 

[ayousupply]

Ok, after reading the airwallex reviews, does not seem to be that good

 

[myhand]

What replacement did you go with ?

 

[ayousupply]

I opened accounts‌ with 3s Money, mano.bank, payset. but not sure yet where I will transfer the 400,000‍ to. Mano bank are extremely gambling friendly

 

[Juleski70]

Typically you can take it/characterize it as a shareholder⁠ loan if it is a short period and then repay it to your business' new⁤ account once you're happy with your new banking set up (even better if you can⁣ do it within your company's fiscal year).