bankera scam

[ilke]

It depends on what you call unregulated and jurisdictions of context. For instance in my case, I plan to conduct my activities solely within a regulated exchange in the jurisdiction. Therefore I do not necessarily have to be regulated if I'm only acting on behalf of the exchange and within the exchange framework. This is simple as abc, people are just dumb or not understanding what the law says.

So some kind of aggregator/software product? If you are not taking or even touching user funds in the process, you can probably avoid regulation, but in that case I do not see why you need a C2B account and cannot use a physical bank or low-risk EMI showing them the technological services you provide that do not involve working with client funds.

And if you are taking custody of user funds or processing them through yourself, you are undertaking a regulated activity, maybe even as a small payment institution if receiving fiat and forwarding to an exchange. Or you are registered in a jurisdiction with little-to-no crypto regulation, in which case I would not be surprised EMIs reject it.

Btw, @Forester, I think it would make sense to branch off this part of content regarding @jellea's account opening options into a new thread as it does not really relate to Bankera scam/not scam status.

 

[jellea]

Well you forgot about the damages and emotional stress. I should be running my company instead I'm here dedicating time to find solution.
I try to act professionally, I gave written emails and yet they do not want to refund the so-called 450 eur. They will leave me with no choice and I know the negative impact it would have on their business. Apart from that it could bring an end to Emis charging application fee.

 

[daniels27]

Apart from that it could bring an end to Emis charging application fee.

@jellea is a true Robin Hood. We should support him emotionally.

@JohnnyDoe for you

V

Thread 'What is Your Superpower?'

Sep 16, 2009

Most of us have had the conversation with our friends about which superpower we would pick if we could. Spider power, x-ray vision, super strength or speed.


Personally, mine would be invisibility, so I could steal from the rich and give to the poor and deserving, like a modern day Robin Hood!


Which super power would you choose, and why???

• vbangs
• Replies: 0
• Forum: Let's talk body

 

[bibing]

Lesson to be learned here.

NEVER pay an application fee for banking. Period.

 

[Sols]

The word scam is going to lose all meaning if people keep applying it to legitimate business practices that they simply don't like or agree with.

Don't like application fees? Don't apply with banks/EMIs that charge application fees. It's a free market.

 

[JackAlabama]

In some Swiss banks for such activity is 10-20k non refundable fee.

I find this to be truly astonishing
people in 2025 paying this, esp considering swiss banks not offering anything more at all compared to their counterparts in usa, hong kong, singapore etc.

 

[bibing]

I have seen clients at UK EMIs pay 5 thousand EUR for opening and they are still happy.

Africans scamming people on Alibaba?

 

[Sols]

Africans scamming people on Alibaba?

It's pretty common for specialized banks/EMIs to charge thousands for opening accounts for complex or regulated entities. Those accounts often come with monthly minimum commitments of thousands in fees. Enterprise pricing for enterprise clients.