1/28/2024 0 Comments Bitsafe bankYou may not know this but Multi-currency cards are super easy to use and will give you a substantially better exchange rate than banks with no hidden fees. Help with restrictions on payment services that are not available in certain countries. Bitsafe does not have an additional fee to use BUT they have an administration fee for each payout.Avoiding personal information being exposed using external payment providers.Stopping accounts being shut down and money seized by Paypal, Stripe, CashApp, and Venmo due to the nature of the business we are in.It’s important to realise why we have introduced KinkCoins and the benefits it provides for our members. We appreciate the effort to set this up initially takes a bit of work but once set up all future payments will be quick & seamless. Spend directly with the Free bank card that comes with the account.BITSAFE PAYMENTS uses SWIFT codes to send money to overseas banks. It’s also known as a Bank Identifier Code (BIC). A SWIFT code is an international bank code that identifies particular banks worldwide. Converting from EUR to your desired currency and transferring the funds to your main account The BIC is used for addressing messages, routing business transactions and identifying business parties.Then at this point, you have 2 options to manage your money which include Then choose ‘SEPA transfer (EUR)’ and use the EUR IBAN to withdraw directly to your account.Log into YourSafe/Bitsafe and select ‘Transfer Money’.Find your EUR Account Number (IBAN) within your account.Create a multi-currency account ( Transferwise, Revolut).Get Wise Business Easy to sign-up, easy to use 2. You can receive payments with ease in US and Australian dollars, euros, pound sterling, and more - without having to pay cross-border fees. Not to worry there is a solution that you will only need to set up once & will only cost 75c per withdrawal. The Wise Business account offers virtual account details in ten major currencies, while Payoneer only offers nine. Update: If you have a GBP account you can initiate a 'SEPA transfer' directly to your UK bank account (there may be a small conversion fee charged by your bank). Great!īut then, when you try to withdraw these to your account from YourSafe/Bitsafe you realise that unless you already have an EUR or USD account you will need to pay a large fee (€25) to withdraw your funds which basically wipes out most of your profits. So, you have made some sales and received some KinkCoins from your loyal customers, YAY! Then you request a free withdrawal from ATW/MTW to your YourSafe/Bitsafe account and receive your dollars in YourSafe/Bitsafe.
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