Why do banks (often) refuse to repatriate crypto-to-fiat?

Hello,

Thank you for your message.

Yes indeed, the company was incorporated in February of this year, however we have been working since October of last year and have already repatriated several times.

By chance, we had the same bank with which we repatriated several times, but we still obtained the agreement of two other banks after assessing our files. Moreover, the three banks in question (which I cannot name for reasons of confidentiality) even wanted to meet us to congratulate us on our work (one of them even kept our memo as a textbook case because apparently we were their first crypto client in Belgium and they didn't know how to proceed, which proves once again that there is a lot of progress to be made before crypto investors are reassured at the time of repatriation…).

After that, you have to take into account that the matter is new and there will be no one with 10 years of experience in this issue, so it's logical, we are in a way the pioneers.

The reputation is built little by little, indeed, this is only the beginning!

Good idea the partial cure / no pay, we already applied it ^

Don't hesitate if you have any other questions!

/r/BEFire Thread Parent