theyd better be one for a 1000 usd a year feeThey look like a very responsive bank with lot's of potential to grow in the market.
no limit, but over 300k eur will be delayed because it will go through another bank or something like that (by memory)How much is the limit after the removal ?
you had 300K in Xapo and wired it to another bank, regardless how it should have arrived by now, can you confirm ?no limit, but over 300k eur will be delayed because it will go through another bank or something like that (by memory)
That is what they said in an email update, i haven't tested it. Here I found the email for you:you had 300K in Xapo and wired it to another bank, regardless how it should have arrived by now, can you confirm ?
We wanted to let you know that you will experience some delays when making GBP transactions between 8th and 11th November 2024 as we transition to a new payment provider. We’re working to minimise the disruption and to keep everything running smoothly.
In the meantime, we’re thrilled to share a new update that gives you even more freedom over your funds. The 100,000 withdrawal limit is now lifted, so you can withdraw as much as you’d like, whenever you’d like.
GBP, EUR, USD, USDT and USDC withdrawals up to 300,000 will be processed by Xapo Bank directly, while larger amounts (or cumulative withdrawals over 300,000 within 24 hours) will take just one business day. And, of course, there are no limits for Bitcoin withdrawals.
Gibraltar is a British Overseas Territories. It does not follow UK tax rules. They have their own taw laws. The have a branch there. You can walk in, the house is open.Thanks. I see they are registered in Gibraltar. Is that part of the UK? And therefore under UK tax? My knowledge is limited on the location.
wtf whats that?my account was closed this morning when tried to login, no reason yethave been contacting them to learn what went wrong
Don’t be upset, no bank is safe and monkey-free. Always leave in a bank (anny bank) only money you can afford to lose.my account was closed this morning when tried to login, no reason yethave been contacting them to learn what went wrong
terrible. But xapo comes with the added "benefit" of charging 1000 usd a year, to not have access to your moneyBtw, a few days ago I warned Xapo that I would have received a 100k Eur deposit, preventively sent them full info and supporting documentation on it and asked if everything was ok. They confirmed they got all what they needed and that there are no issues with receiving such type of deposits.
Chat screenshot from last week:
View attachment 8628
Surely enough, today they sent me an email asking for Information on the deposit (the same info they already got plus more). The money has been put on hold pending review.
today’s chat:
View attachment 8629
Monkeys don’t care about attitude, it literally makes no difference if you are rude (which I never am) or condescending.@JohnnyDoe I understand your frustration with them, but from my humble experience with monkeys, your attitude isn't helping at all
Lucky you. In my case, I tried to prevent questions by submitting documentation BEFORE receiving the deposit. They confirmed that everything was in order, that they have no issues with such kind of deposits and that I could send more. They lied.I had some questions from them AFTER I wired 100k+ away, but just submitted the relevant contract and never heard from them again, account currently seems in good standing.
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