What is the least "problematic" EMI at the moment?

[bibing]

As per title.

I am going to receive around 60k USD for a domain name I sold.

I'm based in Europe.

What would be a good EMI to park this money for a while? Wise? Revolut?

I don't want to receive 60k just to have them locked for months and unfortunately buyer can't make crypto.

 

[JohnnyDoe]

Blackcatcard, zen.com

 

[Commodus]

Blackcatcard, zen.com

How is there verification process? Do they ask more verification after a while or is it a one time live verification?

 

[bigdaddyleon]

I don't want to receive 60k

the safest choice would probably be to have the payment come in through multiple accounts.

I would go with Wise, Blackcatcard, Airwallex and Wirex.

If only a single payment is possible I would prefer Wise, never had any problems and had processed many transactions.

 

[Sols]

Where is the money coming from? Do you have sales agreement/proof of sale?

 

[JohnnyDoe]

How is there verification process? Do they ask more verification after a while or is it a one time live verification?

Like all EMIs they can ask you further documents down the road.

 

[bibing]

the safest choice would probably be to have the payment come in through multiple accounts.

I would go with Wise, Blackcatcard, Airwallex and Wirex.

If only a single payment is possible I would prefer Wise, never had any problems and had processed many transactions.

Unfortunately payment can't be split

Where is the money coming from? Do you have sales agreement/proof of sale?

Most probably USA or Europe.

Yes there's proof of domain sale (the platform, GoDaddy, issues a transaction receipt)

 

[myhand]

All EMI's are at risk, documentation of your transactions is the key to stay out of troubles.

 

[Alexmorgan]

In your case as you want your money in EU regions

Go with Blackcatcard its great and they wilcome 5 to 6 figures wothout issue

If you dont live in EU you cant have their Card but if you in EU then you can have it

Dont use Wise or Revolut they will close your accounts

 

[jafo]

I don't want to receive 60k just to have them locked for months and unfortunately buyer can't make crypto.

Can you go to crypto as soon as you receive it?
If not, why can't you use a regular brick-and-mortar bank where you can walk in and deal in person?

 

[Sols]

Most probably USA or Europe.

Yes there's proof of domain sale (the platform, GoDaddy, issues a transaction receipt)

There are many factors that go into assessing the likelihood that a financial institution will find a transaction suspicious, such as account history, residence/nationality of account holder, and so on.

That said, I have seen Revolut and Wise handle six-figure domain sales without breaking a sweat. Zen is also good for these things.

 

[CyprusLawyer101]

Open an account with an introducer. Have them discuss your case in advance with one of their officers, they will send them all necessary info for account opening including relevant documents to your transaction. You will first get their approval followed by account opening. Then money will flow in seamlessly. An EU based EMI should be fine.

 

[bibing]

Can you go to crypto as soon as you receive it?
If not, why can't you use a regular brick-and-mortar bank where you can walk in and deal in person?

Brick-and-mortar bank in my own country will raise many flags.

This money is going to crypto as soon as I receive it.

 

[void]

I am going to receive around 60k USD for a domain name I sold.

This money is going to crypto as soon as I receive it.

can't you get paid in crypto?

 

[jafo]

can't you get paid in crypto?