Bitcoin / crypto friendly banks?

You could use services like transferwise or EMI accounts before you transfer any crypto money to your bank account.

Generally i can recommend germand and swiss banks to you, as a lot of them are not against bitcoin. I wouldn´t say there bitcoin friendly, but at least most of them dont mind, if you don´t exceed certain limits.

To disguise the bitcoin reference from your transfers, EMI´s are doing good. Just keep in mind, that a lot of EMI´s are not bitcoin friendly. Transferwise for example freezes any account with bitcoin relation.

Agreed, transferwise and some EMIs are not a great solution unless you are just doing small volumes that might fly under the radar, and using something like localbitcoins where the money is coming in form private individuals and small businesses. Most bitcoin exchanges will give you problems of transferring to a 3rd party account, especially if anything goes wrong. If moving large amounts on money you will need to use and exchange to get any sort of decent exchange rate on it.

You could bounce it through an EMI that accepts Bitcoin - usually at a terrible rate, then to transferwise, then to your bank, but this laundry will costs you some fees. The problem is when any one of the 3 asks you the source of funds and proof. You better have your paper work in order. Again small amounts you might get away with it though you will loose on rates, but it's risky if you do a high turnover.

hi

sorry for the off-topic

i live in 3rd world country which crypto is not totally illegal but can get you into troubles.
do you think if i sent large amounts from local bank account to bitstamp i,e .... i would left my funds in danger zone?

are the banks in 3rd world simply trace what kind of business you are transferring to?

They may only be able to trace the transaction if it comes from one of the Cryptoservices where you can wire transfer money!

thank you

I would say Swissbank