Recent content by needhelp

Wouldn't that be considered a crime to reproduce a document for bank account opening purposes (Forgery) which leads to jail time?

I am a resident of country A, and a citizen of country B. Will the bank in Country A report my bank account to country B even if the bank thinks I am still a resident of country A and not country B? The only entity that knows that I am now a resident of country B is the government/embassy of...

I am reading that Armenia is loosing/already lost the war against Azerbaijan. Would this affect in any way or form AmeriaBank if I decide to open an account with them? PS: their website is offline now, lol I hope they didn't get bombed or something

I had the same experience as you, but they just froze my account and over 35K euro without any notice and without requesting any documents. My business cash flow is zero right now due to their fault.

UNSAFE. ALSO DEPENDS HOW MUCH MONEY YOU ARE TALKING ABOUT. I just had my Transferwise account frozen with 35K euro in it, for absolutely no reason, running my 100% legit online business. My own fauly thinking it was safe to keep all this business funds in one single EMI. It would have...

Payments from Stripe, payouts to director personal account (wages) Payouts to suppliers That's it

I need to pay suppliers in China for some products, Most emis and western union and similars only allow these transfers from personal accounts and not business accounts. Is there a way to send money from UK to China in RMB (CNY) as a business customer?

Unfortunately not, they are just simple bracelets without brand and that does not resemble any brand. I produce them. Anyway, if anyone knows how to deal with this situation, please let me know.

The problem here is: they just freeze the funds without asking any questions or documents. I'm happy to provide any document or answer if needed, there is nothing to hide here. They just take that decision without consulting you first. It's fine, I am going to stick to a REAL bank such as...

No, you are just a pro-Transferwise marketer on this forum. I do not sell magic bracelet, I have a fashion website. So they should also close bank accounts of websites such as ASOS.COM and Nike.com if that is the case. Before talking about other people's businesses you should know more...

My business is legit, I have personal accounts in my own name and everything is clear as water. No shell companies, UK ltd with UK residency on my own name. I have provided accounts to transfer the funds to. Only after a few days, they got back to me AGAIN saying that my funds would now be on...

I'm telling you, my business is 100% legit, I sell freaking fashion bracelets man, not marijuana! Transferwise is clearly not as good as you state, I never considered good in the first instance since every few weeks they had to "revise" transfers (what bank does that??!). I learnt my lesson...

I was thinking, maybe because I send money to my Chinese supplier on a weekly basis, in RMB currency, they have blocked me. But I find it hard to believe. I don't see any other reason why they suspended my 100% legit online business, no other bank has ever given me any issue. My fault...

Nope, they didn't ask for any document, they just closed the accounts.

Transferwise blocked my company 35,000 EUR and closed my account (legit online business, registered with Tax, low risk). No explanation provided. Now they want to do a 60-day diligence check but I am not sure if I'll ever see this money again. It's my business funds and also they blocked my...