Hello, I need advice on selecting an EMI or a bank with personal IBAN to transfer fiat from exchange or cryptocurrency to. For the conversion into EUR or SEK to purchase a car in Sweden. The amount is $45,000 USDC.
I am a Swedish citizen. The money was gifted to me in cryptocurrency by my father, as he was unable to make a direct transfer from Turkey to pay for the car. The only option was to purchase cryptocurrency in Turkey through Binance TR and transfer it to my Binance account. The funds he received were from his business in Turkey, but they were paid to him in cash by the company, making it impossible to provide banks with a complete trail of the money's movement, which is causing issues.
I am hesitant to try transferring to Wise or Revolut due to the potential for account freezes, as I have read about such cases.
What would you recommend? Which EMI or bank can I trust? I need to ensure full transparency to declare everything to my tax authorities, as in Sweden, all cryptocurrency transactions must be reported and declared.
I am a Swedish citizen. The money was gifted to me in cryptocurrency by my father, as he was unable to make a direct transfer from Turkey to pay for the car. The only option was to purchase cryptocurrency in Turkey through Binance TR and transfer it to my Binance account. The funds he received were from his business in Turkey, but they were paid to him in cash by the company, making it impossible to provide banks with a complete trail of the money's movement, which is causing issues.
I am hesitant to try transferring to Wise or Revolut due to the potential for account freezes, as I have read about such cases.
What would you recommend? Which EMI or bank can I trust? I need to ensure full transparency to declare everything to my tax authorities, as in Sweden, all cryptocurrency transactions must be reported and declared.
