Hi,
I want to make a transfer of € 100,000 from my bank in the UK to tranfertwise
Do you know a place where I can get this money in without asking too many questions?
The money will come from another UK bank account in my name to this new account in my name (transfertwise)
I would like to use transferwise, but I would like to understand if they could ask me questions etc.
I reside in Spain, can the Spanish taxman see the transaction I make between two of my foreign accounts? (in this case between UK account and transfertwise)
don't do that! It's 100% guaranteed that Wise will block the account. They do not like balance transfers from the same account holders. And in any case, Wise is among the worst EMIs ever.
Any bank of emi will ask you plenty of questions for €100k. Origin of funds, tax returns, accounts statements, business activity etc. Most probably you already have all supporting documentation to answer these questions otherwise the money would not be in a UK bank account. So you should better open an account with a decent bank and send the money to it. For example Aion, Bunq or Blackcatcard.
What should be the "adequate documentation" in your opinion?
Origin of funds, tax returns, accounts statements, business activity etc
You need to be able to show where the money comes from, how you earned it, that it was legally obtained and that you have paid your taxes.
To be able to buy bitcoins I must first send them to a bank account in my name and AFTER I can buy bitcoins .. or rather, after I WILL DEFINITELY BUY btc.
The problem to solve is to find a suitable bank account for this operation
Hi,
I want to make a transfer of € 100,000 from my bank in the UK to tranfertwise
Do you know a place where I can get this money in without asking too many questions?
The money will come from another UK bank account in my name to this new account in my name (transfertwise)
I would like to use transferwise, but I would like to understand if they could ask me questions etc.
I reside in Spain, can the Spanish taxman see the transaction I make between two of my foreign accounts? (in this case between UK account and transfertwise)
Thanks
I can definitely help you with that. Feel free to email me.