Get an account, make it your payment option re ManyVids The Debit Card might make sense.Įlsewhere : I think you need SWIFT for sweeping out hundreds of Euros, but for smaller sums, if you need cash, the ATM route is cheapest. USA : SWIFT is expensive but cheques are cheap for pulling your money out. Expect to drop about 3% on the exchange rate. UK : Is in SEPA, so although you end up with Pounds in your account, the transaction is done in Euros, then converted by your bank. ATM withdrawals have fees, so that’s not a good way to use the card.
Talk to your platforms, see where you stand.ĮU and UK (and any other SEPA countries) : the costs are bugger all if you just do a monthly “sweep all the money out to my main account” thing, or use the Debit Card to do spend the money that way. At a $1000, well, worth it because clearly losing your normal bank will be a total shitstorm.
However, for payments that are not in Euros, there can be a 25 Euro deposit fee, so you wouldn’t want to do this if you were being sent a $100 payout. If the platform offers SEPA payments, free.
BITSAFE BANK ACCOUNT FREE
If the platform offers a payment in Euros option, free.If the platform offers a Bitsafe option, free.Getting Money IN (ie getting paid by Platforms) It’s not money laundering unless the source of funds was illegal or it’s tax shenanigan’s. If you’ve told them something else though and your bank is the Good Christian Trump Bank Of Our Lord USA, have a Plan B.īut you could, give the club (or a friend who knows your real name) the cash for them to bank, and send equal funds to your Bitsafe. TBH your existing bank is probably fine with your cash, if they know what you do. In my Bitsafe account only the name of the bank, it’s IBAN/BIC and ref notes show up. I sent myself money from a personal account in the UK to my personal Bitsafe account. As such I would expect this to allow a Trading As style, which would hide your real name, but I haven’t checked, so, ask. SWIFT, I can’t speak to, but no one uses that for small transactions anyway.īitsafe also offer a BUSINESS account. This is the “FSSW not wanting to give their client their real name” issue. Very useful if you spend time in Euro countries OR live somewhere that would otherwise need SWIFT. You can also have a Bitsafe Debit Card if you like and just spend on it. This way your bank can no longer see where your money comes from – OF, MV etc – and their delicate sensibilities will remain unperturbed, and your main banking continues. Then just have Bitsafe send the money to your main bank account. So, try them.Īccept payments from Platforms and other adulty sources. Nothing from OF, MV or anyone else that might give them conniptions.Ĭertainly they seem fine with Europeans, Brits, Canadian, Americans etc. All your bank sees is that you are sending money from your account somewhere else (Bitsafe), to your account with them, and “nothing to see here”. Then you simply do a transfer from your Bitsafe to your bank. It lets you have your scary payments – e.g. How does it protect my main bank account? No more wondering if a prude at your bank will tell you to bank elsewhere because you got paid by OF. Yes – they are fine with how we earn our living, inc FSSW. So, I found it when it turned up as a payout option under ManyVids, so, looked into it, and opened an account. PROTECT YOUR BANK ACCOUNT by routing all the scary adult industry payments via Bitsafe.
BITSAFE BANK ACCOUNT DRIVERS
Taxi drivers will normally be told to open a Business Account. As more people have an MV and OF and AW, banks are starting to notice what those incoming payments mean.īanks do not like Personal Accounts being used for Business purposes : This is actually a general rule, and even taxi drivers etc can get caught out. Not all of them, not all banks, but even if your bank is cool, now, if they change their mind, you’re toast.īanks do not like Adult : Some close accounts because they have objections to our industry. In doing so, it hides the source of your income from nosey banks.īanks are closing adult industry accounts. It’s basically a Collections Account – it collects all your money from platforms etc, for you do with as you like – send to your main bank, or spend using their card.
BITSAFE BANK ACCOUNT UPDATE
Update : Haven’t changed as the links still work as of April 2023īitsafe, is BRILLIANT! at protecting your bank account.
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