Questions about business AdvCash

Jerry1911 · Jul 8, 2022

For those of you who have an AdvCash account for their company - is it possible to deposit crypto (that you've received from customers for example), convert it to EUR and withdraw it to an EMI/bank account via SEPA?

Bonus question #1: which EMI/bank is willing to/can accept EUR deposits from AdvCash? (by "is willing to" I mean that they won't close your account and by "can" that it hasn't blocked AdvCash's IBAN in their system)

Bonus question #2: have you ever been questioned regarding source of funds or the transaction in general when receiving deposits from AdvCash to your EMI/bank account?

JohnnyDoe · Jul 8, 2022

Why one would want to do that via AdvCash?

CoinMaster · Jul 8, 2022

You can deposit crypto to your AdvCash account, that's out of question, you can also transfer the money after converted to EUR to any other account.

But they are expensive as hell.

Jerry1911 · Jul 8, 2022

JohnnyDoe said:
Why one would want to do that via AdvCash?

As a backup option

icecold · Jul 9, 2022

Try to open a business account with them and see if it suites you. It can't be wrong to do.

CoinMaster · Jul 11, 2022

AdvCash works in many ways very good for my business.

Willblack · Jul 11, 2022

CoinMaster said:
You can deposit crypto to your AdvCash account, that's out of question, you can also transfer the money after converted to EUR to any other account.

But they are expensive as hell.

Mind sharing a cheaper crypto friendly EMI?

CoinMaster · Jul 11, 2022

Mister Tango, Kraken, Bankera - there are many.

If you need a nicely ordered database of EMI's and hundred of other services just sign up for the mentor group and click the link below: