Is Bankera safe alternative to WISE

[JohnnyDoe]

Bankera raised $100m it says below. Where is all that money out of interest or what is it being spent on, how has it been allocated etc?

In some deep pockets. Why should they bother to provide a decent service?

 

[Martin Everson]

Hummm....I wonder if they converted the crypto to fiat at end of ICO or whether they are sitting on a stock of crypto they exchange for fiat as and when needed. In any case stay the hell away from this group unless they show their financials.

https://bitcoingarden.org/bankera-ico-raises-100-million-euros-record-breaking-number-contributors/

In some deep pockets. Why should they bother to provide a decent service?

Good point. Out of interest Mano Bank started around the same time with 10m euro in capital I think and they are profitable now. With 100m Bankera had questions have to be asked .

P.S I still can't believe people who invested have no financial information on what they invested in. That's real G stuff to take 100m from public and provide no financial data....lol.

 

[nobel]

Why Bankera? I would like to a personal account, but for no EEA citizens there is no physical credit card, not even a virtual one! They also charge €1 for a SEPA transfer versus EEA citizens €0. That is discriminatory.

 

[jafo]

Wise is not safe for any other (personal) use case than you work as a porter, pay for your groceries and from time to time send some amount to your parents somewhere. Running away is recommendable.

100% this! Forget Wise. They will rob you blind. Horrible company! Customer Service on the phone with kids screaming in the back.

 

[JohnnyDoe]

Customer Service on the phone with kids screaming in the back.

this is new. Are you sure they were not baboons?

 

[MiltonStone]

Yes Bankera is safe and good instead of wise

I totally agree. In your case you may simply not have many other options.

 

[jayM]

Wise is bigger of bankera - bankera can be good for hard business.

 

[silentreader]

For personal accounts wise.com is the gold standard imho. For business after 6 months I ran into an issue with them where they ask for verification documents which I provided already twice before. Account still open and functional but their support doesn't seem to know what they want.