Xapo Bank Real Deal or Total Steal? Unveiling the Truth Behind the Buzz: Share Your Experiences Now!

[Why]

Has anyone used their service? Any feedback? Are they legit or yet another scam?

 

[PinkCat]

Monkeys have feelings too

 

[JohnnyDoe]

Monkeys have feelings too

For example stealing makes them happy.

 

[hlepic211]

Crypto-wise all works fine, but during the year I've tried to send multiple 1000 EUR+ payments and all got rejected and funds returned to balance. Basically I never had a cleared outgoing transfer from Xapo. As I don't store a lot of funds with them I didn't even ask why that happened.

Just checked - account is still operational.

Anyway... 1 more year of this BS then have all your BTC in self-custody, AML docs and enjoy. It'll be easier.

 

[PinkCat]

Crypto-wise all works fine, but during the year I've tried to send multiple 1000 EUR+ payments and all got rejected and funds returned to balance. Basically I never had a cleared outgoing transfer from Xapo. As I don't store a lot of funds with them I didn't even ask why that happened.

Just checked - account is still operational.

Anyway... 1 more year of this BS then have all your BTC in self-custody, AML docs and enjoy. It'll be easier.

hm weird
i had a few 5 figures sepa wires out and one US ACH all went fine
is there anything odd about the destination/recepient you were sending to?

 

[JohnnyDoe]

the 100k have not been credited yet. 5 days and counting.
The correspondent bank used by Xapo is LHV, which we all know is rubbish.

 

[PinkCat]

@JohnnyDoe That is indeed quite odd. Is there anything unusual about this transaction that might have triggered the monkeys?

 

[JohnnyDoe]

@JohnnyDoe That is indeed quite odd. Is there anything unusual about this transaction that might have triggered the monkeys?

Absolutely nothing. I have provided all possible info about the transaction and the sender.
I don’t understand why Xapo should use LHV, anyway if I wanted an account with LHV I would open it with LHV. This makes Xapo completely useless.

 

[ilke]

The correspondent bank used by Xapo is LHV, which we all know is rubbish.

LHV... in 2025... lol, yikes

 

[JohnnyDoe]

LHV... in 2025... lol, yikes

I didn’t know that. Enough for me for emptying the account and going elsewhere.

 

[daniels27]

I didn’t know that. Enough for me for emptying the account and going elsewhere.

Beware, there are many barbary macaques in Gibraltar.

 

[JohnnyDoe]

The shitshow continues:

 

[providenceventurer]

I have been using them back intime, now I have no use for them any longer and using a card I bought from service provider on OCT.

Which card did you get and is it good?

 

[JackAlabama]

The shitshow continues:
View attachment 8663

View attachment 8671

crazy to think xapo for 1k in membership fees (lol) dont have a better correspondence bank than LHV Pank.

 

[providenceventurer]

crazy to think xapo for 1k in membership fees (lol) dont have a better correspondence bank than LHV Pank.

But is there even an alternative?I am non eu and non us is there any alternative for me for this one?I thought i saw something for vietnam but not sure of credibility.

 

[JohnnyDoe]

can anyone recommend a good lawyer in Gibraltar?

 

[SCHLOSSFINANZ]

Hassans is the best

https://www.gibraltarlaw.com/

 

[JohnnyDoe]

Hassans is the best

https://www.gibraltarlaw.com/

Does this come from personal experience, direct recommendations from existing clients or Google?

 

[SCHLOSSFINANZ]

of course personal experience (my last interaction was a couple of years ago)

 

[JohnnyDoe]

of course personal experience (my last interaction was a couple of years ago)

Thank you. I will send a formal complaint letter to Xapo before going down the legal route, as usual