/biz/ - Business & Finance

>>50147259
Thanks for playing Verification not required

Always call your bank and explain the situation before you deposit millions, you mouthbreather. They are just following strict regulation because if they don’t they will face billions in fines

>>50147259
not your keys not your crypto
not your vault not your gold
not your physical cash not your fiat

imagine selling crypto for chuckecheese fiat monopoly money

Call them and tell them you are a colombian drug lord

Yeah this is bullshit

I cashed out multi-millions to big bank in Australia from Binance and had zero issues, not even a message or phone call from the bank.

>>50147259
Call them?

>>50147396
welcome to EUROPE

>>50147259
You're meant to warn them first and see if they care. Good job faggot

>>50147411
why do they cuck the white man?

>He thought he could actually cash out

Not your bank not your cash

>>50147259
I know how to fix this fast in the US
Not sure about other countries
Call the bank and get transferred to management
Take their name and be polite
Then explain that you’re a day trader, don’t mention crypto
Ask them to fix it and if they don’t tell them you’re going to send emails and make phone calls to the BBB, bank management, and the comptroller
They should unfreeze it that day

>>50147259
looks like you got too much money there goy

Every fucking time

OH MAN. I wish we could invent some new kind of money no one could control. Oh well, a man can dream.

>>50147259
It sounds like the bank is insolvent.
You should warn your fellow citizens.

>>50147259
Call them. Get a lawyer. Prepare to flee the country. Feds are out to get your ass.

>>50147287
these kikes need to fucking die in a fire AND THEY WILL

I hope everyone doesn’t take their money out of the bank before you get the chance to
https://youtu.be/8bL3VcU1_vY?t=907

>>50147411
gulag continent

>>50147259
>some scammer got into my account and stole millions of dollar's!
>Why would the bank not have security systems in place to prevent this!!!!

>>50148196
fuck ye, should I move to dubai? wdyt

>>50147287
Basically this.

OP is a gigantic retard.

>>50147259
You need to call them OR go in face to face and ask to speak to the manager, you have a big boy transaction to sort out.

>exchange asks for kyc
>kyc is fine
>bank spergs out
all these anti-terrorist measures are fucking bunk. they don't even work when they have to, they don't stop terrorists
fuck jews

>>50147259
Always call b4 making transactions over 10k , if u have an account where u have thousands in transaction it might not set off the anti-fraud. Don’t keep more 250k in the bank anything after is not insured. Money in the bank is not safe, it’s honestly safer under your mattress. The funds should free up in no more than 9 days.

>>50147259
I have never tried to cash out that big from crypto but the ones I have done, I used UTK payment gateway to make my payments and also keep my funds hidden via Secret network. You can make almost payment with crypto, so wtf made you go through bank?

>>50147811
Please be nicer buddy

>>50147287
What do you tell the bank if you are cashing out then depositing into the bank?

>>50150228

your portfolio is probably worth 500 bucks thats why nigger lmao

>>50151431
? Literally "i am cashing out and depositing into my bank"
I called my bank when I cashed out 100k and they said "ok thanks for letting us know"

>>50147259
My bank keeps asking questions every week, I worry I'm next. The sad part is it's all legal money and I've sent so much paperwork it's not even funny, yet they keep asking for more and more details and it's driving me insane. It's way too hard to file this information too. I wish I could just tell them to login to my fucking exchange accounts and look at it themselves or fuck off because I'm tired of getting messages back and forth about inquiries. I just wanna buy a house already, but I won't be able to get a loan (I have 50% down payment) until I'm cleared by AML.
Fucking Europe of course. Made it so complicated that the honest man is struggling to even understand how to file this shit in an audit and the conartists know what they're doing so they can run away with any money without questions asked.

>>50147293
>imagine trading your digital tokens for real dollars to buy real things
>imagine owning any physical property
yeah you're right, who could imagine?

>>50151431
Man, you retard. I cashed out 900k, told my bank beforehand that i made it from crypto. Its literally that easy, no reason to lie where the money comes from.

>>50151568
Actually I just got a message they're closing the case and have no more questions and apologized if I felt it was uncomfortable and that they did not mean for me to felt untrusted. Fuck me this took two months of being pissed off and stressing about doing lots of paperwork and stupid questions from boomers every week (they legit complained my transaction log didn't have a name on it).
Next bullrun I will make sure to make less than 10 trades in total and maximum 2 exchanges I want to buy holy shit what a pain to deal with.

>>50147259
retard you are supposed to sell your crypto for actual cash

>>50147259
This is why keeping your money in bank accounts, stocks, defi, bonds, or other financial instruments is a jewish scam.
That money is only yours when you posess it and why anybody would turn their hard-earned money over to greedy kikes in this fucked up finance capitalist system is beyond me.
If you want to invest, invest in your own business or the business of somebody you know and trust. Invest in precious metals or crypto that you alone hold the keys to. Invest in property, skills, and tools.
If you want to save, save cash under your mattress. Even high yield online savings accounts were only offering 0.5% interest a year ago. And now with 10%+ inflation? They've bumped it to what, 1% maybe?
Losing out on a whopping 1% apy is nothing compared to how you'll feel when you go the bank while in need and they don't have your money to give you.

>>50151431
Just say it was from crypto. Bank should be able to find history of your dealings with exchanges pretty easily. Just make sure you do your taxes properly since you are beyond the point of hiding gains now.

>>50150280
kill yourself before I get to you, filthy jew parasite

>>50151632
You do this p2p clown and in cash.

>>50147259
noo d lol

You should use a DEX on an L1 like FTM or CNDL then bridge your stablecoin to ETH then onto a CEX. That way you are only selling USD and not trading.

>>50147259
You should call your bank before cashing out such ridiculous amounts so they know what's going on. From their end it looks like some broke dude is running some kind of money laundering scheme.

>>50147456
This. Filing a BBB case is the key to getting customer service in the US. For whatever reason, American businesses are terrified of the BBB

>>50147287
this is the biggest meme repated here, I did the same thing like 2 years ago, called my bank before wiring money from Coinbase, the woman on the phone was like
>ok? so what?
and that I only need to call if I want to withdraw a large sum in cash so they can prepare it

if tha bank thinks your transfer is fishy they're gonna block it anyway, you calling them like a autists and stuttering over the phone is not gonna change anything

>>50147589
This. OP, who do you bank with?

>>50153275
That's a meme from the 80s. No one cares about the BBB.

>>50147259
you were warned about this shit since 2017
but in every one of these threads there is always the screeching retards never paying taxes, it will never happen to me
now its your turn to get to a high portfolio and you just found out who the real retards on here were

i have been telling you for over a year now that cashing out in europe is getting pretty impossible
for things between 100k and whatever your make it number is don't bother cashing out, just wait until next cycle peak
then the best advise based on current conditions is get a luxembourg or schweiz private banker and handle all your normie tier transactions through them
be advised minimum deposits are required so best don't even bother if you have less than mid 7 fig portfolios

>>50147259
This is what I worry about happening if I ever make it big with crypto
Everything is stacked against the little guy

>>50152222
they always run and scurry like roaches

>>50152222
>>50154617
>>50147811
Come and get us nigger, we will torture your entire family and drone strike your entire city before you can touch one of us

>>50151701
US is no different; they interrogate you for months to get a standard home loan.

>>50153802
Imagine giving money to Jews voluntarily

>>50147259
Just go to the bank and demand your money, depending on their response you hire a lawyer. I remember worrying about this and it's why I didn't cash out back at the top in 2018, well lost all that money in the market, would have been better off wiring it to my bank and fighting.

>>50153292
Not all banks ae equal.

>>50154835
I will not do that, I will try to be nice

>>50147287
how much can i deposit without needing to call them

>>50147259
>u cant even withdraw without getting fucked by money laundering niggers.

How do you think you're smart enough to "make it" and you can't figure out a way to reduce your tax burden?

I'm not gonna hold your hand, but there's some very easy ways to get around getting ass-blasted by the tax man if you've got a modicum of brain cells to use.

>>50147259
The love story between privacy and regulations trannies.
Wake me up in 2024

>>50149250
Eveen after it’s FDIC insured read the fine print every bank is insured differently…they can have something stupid as “the bank is insured up to 250k per person or per branch” read n make sure. Also what I did last year when I cashed out decently I had crypto.com, coin base, banks (traditional and online), Robinhood accts any trading site with a card I tried to get…I would atm that shit slowly everyday, until I stacked out half of my winnings…why? Bcuz Robinhood Coinbase crypto.com card I wouldn’t get taxed during tax time since more than half is technically still trading. I paid this year only 7% for my stock tax winnings since I left majority in exchange I buy shit with my debit card from those exchanges. Fuck them, why should I pay my fair share when the elite don’t pay shit? I’d rather give my “tax” income to the poor that I can see are poor, not the ebt snap faggots. Hey if my neighbor is struggling they don’t have to ask, come take what you’d like.

>>50147259
Because you're a stupid midwit cashing out millions to a bank instead of cashing out what you need for expenses on multiple accounts. You got what you fucking deserved