Hi,
I want to send £30,000 to coinbase and more on a later date, Natwest says you can only do £5000 a month which wont do as this is timebound.
I tried revolut and £100 worked then it blocked £1000 and send me to a chat agent that is taking forever to respond and now asking me some weird questions
Anyone know a bank where you can send large payments to coinbase over a day?
Would be a big help cheers guys I want to get in at this nice price 30p!
I assume you are living in GB if you are talking in pounds?
A good place to ask these questions (maybe a review of older topics will reveal a good answer already): https://www.offshorecorptalk.com/
Yes GB in pounds, just tried £10,000 with revolut and it instantly declined with no agent support.
Hey ive reached out to a mate from UK and his reply was :
I’ve always used Barclays. They have allowed those sort of transactions. Initially they blocked it, I ended up on a call with a guy in the bank for about 45minutes. We were chatting crypto. He seemed to really enjoy the conversation and at the end said I clearly know what I’m doing. He then said he has sorted my account so I shouldn’t be blocked again. I haven’t had an issue since.
I hope this helps you.
Just for record, I did live chat with Revolt for about a day and sent images of my wallet etc to prove the validity of what I was doing.
Now Coinbase is a trusted beneficiary and can freely move as much as I want there from Revolut.
You can use NatWest but for large amounts you have to show up at a branch with ID and sign a declaration you are taking responsibility of transferring money to another party. Banks would normally require this for large amounts to prevent fraud and money-laundering.