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offshoreforever

New member
Hello everybody. I write because I have the following query.

I have an account at Paysera Wallet, an EMI from Lithuania. My question is whether this entity complies with the CRS treaty. I asked and from support they replied that they do not report at all. That although customer data is available to the Lithuanian central bank and information is usually shared between member countries of the European Union, on their part the intention is not to inform.

I know that Lithuania is a CRS country. A traditional bank would surely inform the treasury of my country (I do not reside in the European Union), but in the case of Paysera I am not sure. I also know that other similar entities such as PayPal, Skrill, Neteller, Payoneer and TransferWise, do not report. Perhaps in the case of Paysera it is the same.

For example, TransferWise is from England. That country is CRS Compliance, however it does not make the annual reports for the treasury as a classic bank would. I believe that the case of Paysera may be similar, but just in case I wanted to ask in this forum.
 

MichalS

New member
Hi
I know that paysera is widely spread among shady guys dealing with mlm, hyip etc
So I would assume it does not report but waiting to find out from other users too
 

offshoreforever

New member
Hi
I know that paysera is widely spread among shady guys dealing with mlm, hyip etc
So I would assume it does not report but waiting to find out from other users too
I did not know about this. Thanks for telling me.

If that's how you say it, then I can hope that they don't actually report.

Of course, I will wait for other Paysera users to see what they tell me. But what you tell me is already a sign.
 

Marie Manila

Active Member
At least Paysera doesn't ask for TIN.
This could be a sign, that they do not report. But they can also report without TIN. So, no guarantee on that.
By the way, does anybody know, if Paysera is crypto friendly?
 

offshoreforever

New member
At least Paysera doesn't ask for TIN.
This could be a sign, that they do not report. But they can also report without TIN. So, no guarantee on that.
By the way, does anybody know, if Paysera is crypto friendly?
That's a good point. They do not ask me for my tax identification number, but they could still inform.

Paysera is not crypto friendly, unfortunately.
 

Admin

Forum Moderator
Staff member
Elite Member
I know that paysera is widely spread among shady guys dealing with mlm, hyip etc
yet they tighten accepted business and refuse simply legal business activity. Tried to apply and they refused LoL :)

In regards to CRS and Paysera, I believe they will report if they get forced to it until then they won't.
 
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