Cashing out to bank big sum from skrill

[bpbbloaob1]

Hello, anyone can suggest me in what country I could open bank account to withdrawal my funds from skrill? The money earned in online gambling. The sum is rather substaintial, I'm talking hundreds of thousands.

 

[void]

this money is no problem to any EU bank or EMI - you have to be ready to provide information about source of wealth (and statements, screenshots from gambling sites)

 

[bpbbloaob1]

I'm non EU citizen, can I open bank account without traveling to destination country? Can it be done online only? Also those money I won, been on skrill for several years, I didn't do with them anything (they are like dead waste), was waiting to get back to gambling again, but now I'm interested in other things, will bank allow me to make wire transfers to crypto-exchanges trading platforms? Because in my original country I'm afraid they won't allow me to send big money outside the country if I will want to make wire to bitstamp for example.

 

[bpbbloaob1]

what is EMI by the way?

 

[negon]

You can open an account in Cyprus and use transferwise inbetween in this setup you don't need to tell anyone where the money comes from or at least no need to mention gambling at all.

 

[void]

transferwise will ask about the source after you send some amount in total (say bigger tens of thousands)

 

[void]

if your goal is to move this money to crypto exchanges then I'd open mistertango or transferwise (using your personal IBAN provided) - withdrawal from skrill will work without problems
when EMI is loaded use their card or direct wire transfer

 

[void]

also you can get their card from skrill and use this one to load the exchanges
limits depend on your Skrill VIP status however

 

[bpbbloaob1]

if your goal is to move this money to crypto exchanges then I'd open mistertango or transferwise (using your personal IBAN provided) - withdrawal from skrill will work without problems
when EMI is loaded use their card or direct wire transfer

This is interesting, I tried to use moneypolo.com, they provide you with iban and swift and bank account, but skrill do no cash out there, since it's not real bank account, only virtual as I understood it (i'm still waiting on their response). Is mistertango like moneypolo?

 

[bpbbloaob1]

also you can get their card from skrill and use this one to load the exchanges
limits depend on your Skrill VIP status however

crypto exchanges accept wire transfers from banks, not visa/mastercard deposits (or if they do, the fees will be huge), so I'm thinking the most efficient way for me is to open bank account -> withdrawal there money from skrill -> wire from bank to bitstamp or kraken or another bitcoin exchange.

 

[void]

This is interesting, I tried to use moneypolo.com, they provide you with iban and swift and bank account, but skrill do no cash out there, since it's not real bank account, only virtual as I understood it (i'm still waiting on their response). Is mistertango like moneypolo?

I know nothing about moneypolo, MT is a pretty standard EMI providing you personal IBAN starting with LT....
skrill doesn't have a clue if there is a bank or anything else behind this IBAN or if it's yours or not (however be aware what T&C say)
use reasonably sized withdrawals and you'll be good

 

[Martin Everson]

@kush What country are you from? India?

 

[bpbbloaob1]

@kush What country are you from? India?

no, I'm from former USSR country

 

[Martin Everson]

Ok all good.

 

[extremedox101]

how you felt safe keeping 6 figures in skrill ?

crypto exchanges accept wire transfers from banks, not visa/mastercard deposits (or if they do, the fees will be huge), so I'm thinking the most efficient way for me is to open bank account -> withdrawal there money from skrill -> wire from bank to bitstamp or kraken or another bitcoin exchange.

depends, what is high fees for you? cex accept mc/visa.

 

[bpbbloaob1]

how you felt safe keeping 6 figures in skrill ?



depends, what is high fees for you? cex accept mc/visa.

skrill is safe, they are part of paysafe, i been using it for years and years, never had any problems. also I'm not able to use their prepaid card, because it's not available for non eu countries.

 

[bpbbloaob1]

also you can get their card from skrill and use this one to load the exchanges
limits depend on your Skrill VIP status however

I can't, card not available in my coutnry.

 

[bpbbloaob1]

if your goal is to move this money to crypto exchanges then I'd open mistertango or transferwise (using your personal IBAN provided) - withdrawal from skrill will work without problems
when EMI is loaded use their card or direct wire transfer

can anyone tell me what is EMI? I don't understand

 

[extremedox101]

because it's not available for non eu countries.

this true the cards sent to EEA countries, not issued worldwide . i mean that lots of money to leave in non bank/ EMI regardless of reputation you link to them .

EMI= electronic money institution

 

[bpbbloaob1]

I'd rather hold money on skrill then on some bank, but, given the circumstances, I need bank account.