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EMI SEPA or Transfer Limits - 6 Figures

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masterminders

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Mar 5, 2017
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#1
Can I receive a deposit of €200,000 with a corporate EMI openned not up to two months ago? All personal accounts are done with darks before upgrade to business.

What are the limits before they start asking proof or source of funds and what to expect?

I intend to transfer funds out to purchase bitcoin or transfer to Hong Kong account or China my fear is wouldn't EMI ask questions for such volumes coming in and going out? So far I have only received via SEPA around €500 in both LeoPay and Paysera with no questions. Now am thinking of huge sums

Please share your experience with large funds with any of these Revolut, Mistertango, Paysera, LeuPay or any other that I can try.

I'll try to open N26 if it is a solution.
 
#2
no EMI (and majority of bank accounts) will receive such an amount without asking about the source of funds
even ten times less will be a problem in most cases
 
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#3
void said:
no EMI (and majority of bank accounts) will receive such an amount without asking about the source of funds
even ten times less will be a problem in most cases
Click to expand...

What should I do in this case? In HK or China where funds would be transfered to trust me no questions are asked 98% of the time. While I can do an invoice and send to the EMI I am scared it may not be enough.
What do you think?
 
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#4
I have not enough experience with wide range of EMIs. If I'd trust one it would be probably transferwise nowadays, but I'd say that few months ago about mistertango too... and look where we are.
Running your own EMI is also an option - not a cheap one, not ultra expensive one if it's your long-term problem.
 
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#5
As many times before discussed here then you want to look into several different EMI's to split your money / transfers. This means less attention to each account and less pain. Anyway, with the figures you mentioned I doubt it's an easy task, there are simply not that many EMI's around to trust your money.
 
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#6
200k should be at least 3-6 months period of splitting up transfers of uneven value through different sources to the final destination Bank that you want. And yes a China/HK Bank will ask questions if you manage to drop 200k in one go.
 
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