Post
Topic
Board Currency exchange
Re: [H] $100000 in Russian Bank account [W] Bitcoin market rate.
by
condoras
on 14/11/2020, 11:14:38 UTC
Legit since we got them as payment for contracts with other Russian companies. They're in USD because we didn't want the volatility of the ruble to affect it, so we bought USD. They've been sitting in our bank account for around a year now.

The volatility of RUB is not like BTC so you could change them all of this time and then buy BTC if you want.

When i say we can't move them its more that every method we have tried to move them outside has failed. There are no real restrictions on the money itself. SWIFT transfers to multiple countries have failed, SEPA transfers don't work. Using a middleman law firm didn't work out either.

And what's the reason that all of these methods didn't work? Did you get an explanation from banks or the law firm?

As for exchanges that was my first thought as well but there are no exchanges inside Russia that we can use. We have verified corporate accounts in multiple exchanges but they all need SWIFT transfers to deposit money. If anyone has a suggestion for an exchange that we can deposit money to inside Russia, I'm all ears.

There are some other ways (few are the truth) to do it but if we don't know the reason for denial, I doubt that you will find someone to help you out with it.
Did you try to use a verified broker?