Question Most trusted EMI from list for handling high amounts?

[flashbang]

• Blackcatcard
• Bankera
• Golden Suisse
• Vialet
• Gekkard

I have one single condition: to be able to make an online card payment of €50k in one single transaction.
An embossed VISA type card is preferred.

Which would be the most safe option out of these EMIs ??

Please note: I can't let them freeze my account / funds - for additional "verification porpoises" (LOL?!) , since I would handle ~€70k on my account.... which I obviously need to have access to, anytime I need or want .

Thank you for your share !!!!

 

[JohnnyDoe]

• Blackcatcard
• Bankera
• Golden Suisse
• Vialet
• Gekkard

I have one single condition: to be able to make an online card payment of €50k in one single transaction.
An embossed VISA type card is preferred.

Which would be the most safe option out of these EMIs ??

Please note: I can't let them freeze my account / funds - for additional "verification porpoises" (LOL?!) , since I would handle ~€70k on my account.... which I obviously need to have access to, anytime I need or want .

Thank you for your share !!!!

Man, what you want to do is likely impossible.
Is there a reason why you can’t structure this €50k transaction in a different way? Perhaps if you look at the matter from a different angle you can find a better solution. I am not questioning your needs, but for as much as an Amazon addict I am, I cannot see how to spend €50k at once on it! And surely nobody working in a bank will see this as legit.

 

[flashbang]

Man, what you want to do is likely impossible.
Is there a reason why you can’t structure this €50k transaction in a different way? Perhaps if you look at the matter from a different angle you can find a better solution. I am not questioning your needs, but for as much as an Amazon addict I am, I cannot see how to spend €50k at once on it! And surely nobody working in a bank will see this as legit.

Thank you for the reply buddy !!

I mean that payment for any other trusted online merchant, not only Amazon.

 

[JohnnyDoe]

Thank you for the reply buddy !!

I mean that payment for any other trusted online merchant, not only Amazon.

Can you ask that merchant to accept a bank transfer and send you an invoice? Then show the invoice to your bank and start a discussion explaining why and how. Remember that compliance people are low paid low iQ guys whose only alternative is to work as janitors, so you must be patient with them.

 

[flashbang]

Can you ask that merchant to accept a bank transfer and send you an invoice? Then show the invoice to your bank and start a discussion explaining why and how. Remember that compliance people are low paid low iQ guys whose only alternative is to work as janitors, so you must be patient with them.

Not an option unfortunately...

 

[jjrapy]

Wouldn’t be easy with the amount you’ll handle and make payments to get a credit card from a mortar bank? AMEX or similar.

 

[Forester]

Well, if you handle just ~€70k on your account and make an online card payment of €50k in one single transaction, I am afraid any reputable financial institution will freeze the operation at least for asking you for explicit verification (whether it is really OK). The solution might be to advise bank beforehand – on condition it is feasible. I have no solid background to judge whether any of EMI's listed above fulfills this condition but I doubt. I can imagine such a solution in a small bank (or even EMI like Intergiro) operated by humans who are in real-time contact with clients...

 

[jayminho]

Hahahaha. Ohh boy. Let's pretend we don't know what he's trying to do.

 

[VESTANON]

• Blackcatcard
• Bankera
• Golden Suisse
• Vialet
• Gekkard

I have one single condition: to be able to make an online card payment of €50k in one single transaction.
An embossed VISA type card is preferred.

Which would be the most safe option out of these EMIs ??

Please note: I can't let them freeze my account / funds - for additional "verification porpoises" (LOL?!) , since I would handle ~€70k on my account.... which I obviously need to have access to, anytime I need or want .

Thank you for your share !!!!

@OP an Emi Cant provide such parameters, A Physical Bank Would...Moreso Large Onetime Swipe Limits Are Efficient With A Mastercard..

A Visa Card might Suffice But With At Least two concurrent swipes.. Do look into Cards with customizable Multiple Daily Swipe with High limits Per Swipe..

 

[flashbang]

Please help

@OP an Emi Cant provide such parameters, A Physical Bank Would...Moreso Large Onetime Swipe Limits Are Efficient With A Mastercard..

A Visa Card might Suffice But With At Least two concurrent swipes.. Do look into Cards with customizable Multiple Daily Swipe with High limits Per Swipe..

Well, BlackCatCard , Revolut, Bunq, ADVCash can indeed provide these parameters.

But putting the trust in one is the hardest part - I would exclude Bunq and Revolut immediately, leaving BlackCatCard and ADVCash ..

Would you guys trust BCC for handling high amounts ?

Thank you

 

[John Spectre]

No one from above list will work.

Would you guys trust BCC for handling high amounts ?

They will do SOF check for every transaction over 10k.

 

[flashbang]

No one from above list will work.



They will do SOF check for every transaction over 10k.

Yeah but wouldn't they just accept my Wise Bank Account statement for the SOF check ?

Since all the funds would be coming from my own Wise account

 

[Sols]

What's SOF for the funds on the Wise account?

Surely, the money didn't just magically appear on your Wise account. They had to come from somewhere.

 

[flashbang]

What's SOF for the funds on the Wise account?

Surely, the money didn't just magically appear on your Wise account. They had to come from somewhere.

Haha yes, the money on Wise came from my own high street bank account , which is associated with my Wise account by the way.
The Wise's bank account statement says "Deposited" only though. No details of the deposit is visible there unfortunately.

However, my high street bank account has a different residential address than the address I have on Wise.

Would that arise some confusion ? :SSS

Would BBC accept this situation or this is still not sufficient ?

Thanks

 

[John Spectre]

All of these don't answer to the SOF question, unfortunately.

 

[Sols]

You have to show them the actual Source of Funds, not just from which personal account you most recently transferred the funds.

Did you get the funds from a salaried job? Then show employment contract, pay slip, and be prepared to even show tax return.

Did you get the funds through investments? Show proof.

And so on and so forth.

 

[Marie Manila]

Haha yes, the money on Wise came from my own high street bank account , which is associated with my Wise account by the way.
The Wise's bank account statement says "Deposited" only though. No details of the deposit is visible there unfortunately.

However, my high street bank account has a different residential address than the address I have on Wise.

Would that arise some confusion ? :SSS

Would BBC accept this situation or this is still not sufficient ?

Thanks

SOF means the way how you acquired the funds initially.

Let me give you an example. If you got some salary and bought some BTC from that salary (let's say only 1 k$). After a few years you make a cashout with and it is worth 20k $ now.
If the bank asks for SOF it is usually not enough to say "They are currency gains from the BTC price". They will also ask you from where you got the initial 1 k$.

Maybe if you hold the funds for more than 10 oder 20 years already and you can provide a statement from 10 years ago, the bank might accept an excuse like "Oh I received that money a long time ago! I do not have any documentation any more!". But this is kind of risky.

 

[ivars]

"I sold this NFT art I made for $100k". I do wonder how sophisticated the people doing SOF are.

 

[flashbang]

"I sold this NFT art I made for $100k". I do wonder how sophisticated the people doing SOF are.

Lol do you think the Compliance team would accept such an excuse ?

 

[ivars]

Well there lays the problem, doesn't it. What if you actually did legit sell NFTs?