Paysera Bank is one of the largest banks supporting most of the world's countries "around the world", it is very tolerant of customers, especially countries outside the European Union, and is characterized by reasonable rates. And almost the best in e-banking, and this article, we will talk about the new updates related to Paysira Bank.
Know Your Customer or Customer (KYC):
The correct information is the basis for registration in banks, as well as false and false information that can lead to account closure and permanent ban, so you only have to enter the correct information and not, as some say, enter the information that does not currently count Paysera updates the “KYC” to customers again and sends update notifications To all the people who have previously filled in the information, and this time it takes 1-5 days to review because it is now under review with high accuracy and after the necessary official documents may be required, because the previously mentioned wrong information may lead to your permanent ban, for example, if you are unemployed About work or more precisely you do not have a commercial register, so do not write that you are a worker and vice versa, because sooner or later the information you entered will be returned to you and they will ask you for documents to increase and you will find yourself in big trouble.
Account limits:
Currently, in Paisera, the ban has been removed from the pre-set limits of 900 euros per month, just complete the fourth level, or ask for a Skype video call, then you can set the limits you want. Until you reach 100,000 euros per day without any problems, but unfortunately this will change soon, and the account limits will become a bit tricky, for example, you want to raise the limits to a turnover of 60.000 euros per month. In this case, they will ask you for documents that prove the source of the funds that will enter and leave the account, the reason for these transfers, the nature of your business, and whether the goal is money laundering or what, separate your account from your business account because the personal account contains monthly transactions of 50,000 euros, for example, It does not make sense to be a personal account.
Bank Transfers:
Bank transfers will become more strict, especially wire transfers that do not have the same name as the account holder, that is, from another person with a different name, a relative or a friend, for example, any bank transfer of a large amount They will ask you for documents explaining the reason for the transfer and the “source of funds” You will write a compelling reason for sending and a document to show that it was prepared in advance.
Reason for sending:
As everyone knows, Paysera's operations are monitored and reviewed by the central bank that gave it the operating license, the reason for sending it is very important, and in the future, they will ask you for a document proving some of the transfers you made.
Therefore, when sending or receiving, always write a compelling reason and you can prove it in the future, and you can also provide documents for it. The goal is to prevent "money laundering" and to know that the worst department of banks you can deal with is the anti-money laundering department.
Cryptocurrency:
So far, Paysera, like other banks, is completely prohibited from dealing with cryptocurrencies (BTC, ETH, USDT), directly or indirectly, and any transaction or suspicion by your bank will result in a permanent ban of your account, and some moments you will receive Notice If this is your first time, this is your last and last warning, there is an important note about cryptocurrencies and Paysira when you enter information in KYC and you find it in the source of wealth token option that there are cryptocurrencies and that does not mean that the bank is dealing with them as everyone thinks Because there is a difference between the source of wealth and dealing with it.