Re: Action required: update your bank information Quote:
Originally Posted by flyingmac Fun fact, I got 2 accounts running the same 100% real details both with Wise accounts, one of them holding funds and releasing them in a 30 day span, the other one working fine.
eBay like clockwork | 100% real details isn't the problem, its when there's mismatched names that issues arise.
I've a legitimate account using Wise, ebay seller matches Wise business account detail. Of course there should be no issues.
But this forum revolves around stealth. Would I use mismatched names and a personal Wise account. Not a chance, Wise will eventually freeze your account and the funds in it.
The expanding fintech market is keen to gain recognition from the regulatory bodies and receive the same status and standing as the longstanding clearing banks. Primarily they want to be granted FSCS approval in the UK so customers can use their services with a high level of confidence. They are keen to be seen as whiter than white and will take action on accounts where they think something is untoward. I get it, you can't really blame them as they look to grab a slice of the multi-billion dollar marketplace.
|