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E-wallets withdraw anonymously

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gamblehappier
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E-wallets withdraw anonymously

Fri Jan 05, 2018 10:41 am

Hello, i have read somewhere that if you withdraw from your e-wallet to your bank via bank transfer,your bank can see the the transaction..but if you do the withdraw from your e-wallet to your Skrill/neteller mastercard(provided by ewallets) via atm,your bank cannot see the transaction.Is it true?
Sounds a little strange to me..
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Re: E-wallets withdraw anonymously

Fri Jan 05, 2018 11:31 am

Why would your bank see the transaction if it didn't have access to your e-wallet nor issued the mastercard?  That's like saying your bank knows you bought groceries and paid for them cash.  The only possible way your bank could see that would be if you used an internal bank ATM.
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Re: E-wallets withdraw anonymously

Fri Jan 05, 2018 2:12 pm

Alfa1234 wrote: That's like saying your bank knows you bought groceries and paid for them cash.  The only possible way your bank could see that would be if you used an internal bank ATM.
Even like this, the bank must have a way to detect who is making the transaction. I doubt there is something like this.
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Re: E-wallets withdraw anonymously

Fri Jan 05, 2018 2:19 pm

When you withdraw paper money from any ATM, the bank will immediately know who is doing the transaction. The only exception to this is when you use an anonymous card.
There is no way that bank will ever know if you just buy things from the supermarket or elsewhere, simply because the bank is not a medium between you and PaySafe. Only PaySafe, Mastercard, and the Central Bank of the country that you made the transaction will have data. As for the central banks, you shouldn't worry about any reporting, unless we are talking about millions, or you have been targeted from any authority for any other reason. 
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Re: E-wallets withdraw anonymously

Sat Jan 06, 2018 12:19 pm

All i want to say is that withdrawing with bank trasnfer from skrill(e-banking) your home bank knows the transaction so may they will tax your profits.But withdrawing with skrill mastercard via atm your home bank knows nothing so you will not need to pay taxes.Am i right here or also in the first case(bank transfer) you are untaxed?I believe also that every country has different rules.
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Re: E-wallets withdraw anonymously

Sat Jan 06, 2018 12:38 pm

You will not be taxed for simply withdrawing money from a Neteller account to your bank account a few times...that would make no sense.  If however, you do that monthly and it becomes a large yearly sum while it exceeds other income you have in that bank account, your bank could inform your goverment and you will most likely be taxed. 

Believe me, by the time you actually make enough money for it ever to become a problem you will happily pay taxes or find legal ways to avoid them.
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Re: E-wallets withdraw anonymously

Sat Jan 06, 2018 12:39 pm

neopas wrote:
Alfa1234 wrote: That's like saying your bank knows you bought groceries and paid for them cash.  The only possible way your bank could see that would be if you used an internal bank ATM.
Even like this, the bank must have a way to detect who is making the transaction. I doubt there is something like this.
I'm certain a bank stores the card data (including name etc) of every ATM withdrawal.
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Re: E-wallets withdraw anonymously

Tue Jan 09, 2018 1:48 pm

Alfa1234 wrote: You will not be taxed for simply withdrawing money from a Neteller account to your bank account a few times...that would make no sense.  If however, you do that monthly and it becomes a large yearly sum while it exceeds other income you have in that bank account, your bank could inform your goverment and you will most likely be taxed. 

Believe me, by the time you actually make enough money for it ever to become a problem you will happily pay taxes or find legal ways to avoid them.
Alfa i think we should consider more seriously skrill card or Leupay.Money with trading/arbing flows between bookies and paying big taxes will destroy profit.Money continuously moving from one bookie to another,so paying everytime taxes will reduce profit.
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Re: E-wallets withdraw anonymously

Tue Jan 09, 2018 8:25 pm

I think you misunderstand what a business does.  A business (and a person generating income as a business) is not taxed on each transaction.  It's taxed upon yearly profits.  If you have proof and a good accounting, why would you be taxed on each transaction?  You are not making sense.
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Re: E-wallets withdraw anonymously

Sun Jan 14, 2018 10:12 am

Search the forum...there is a very long thread about this very thing only a few topics down, in this same subforum.
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Re: E-wallets withdraw anonymously

Mon Jan 15, 2018 6:09 pm

Alfa u mean this thread: http://arbusers.com/index.php/topic,3651.315.html  ?

If not, could u please share a link? I would also care to find out more about the risks of ATM withdrawals via CC
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Re: E-wallets withdraw anonymously

Wed May 09, 2018 2:18 pm

It is a very important topic. We all want to know about him.
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Re: E-wallets withdraw anonymously

Mon May 14, 2018 9:37 am

Read the previous topics, think about it, and think about what you are doing, why e-wallet providers would possibly report your transactions and what the risks would be should your transactions be reported to authorities.
Remember that this is different from hiding your betting patterns from bookies. Official authorities probably don't care at all about your betting patterns (unless betting is banned in your country). It all depends a lot on your personal situation, your country and your transactions and I think nobody in an online forum can give you definitive legal advice on that.
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Re: E-wallets withdraw anonymously

Mon May 14, 2018 4:12 pm

naza wrote: If large sums of money are withdrawn from bookies to Neteller/Skrill, and we're using Neteller and Skrill MasterCard to withdraw in cash and make online expense and live from that consistantly, are there any risks of Neteller and Skrill reporting that to banks or government ?
Withdrawing cash from the ATM is always ringing bells. Depending on the country that you live this might cause you troubles. Some governments, especially those with a democracy deficit, declared a war on cash. Cash withdrawals, especially when the amounts are big might be an issue.
Spending the money with your card in super markets online purchases and other everyday expends is not a problem as you are not provoking the system with cash.
Of course this is not a legal or an accounting advise and you should consult specialists for these matters.
Also, read above, and read some other parts of the forum.
Last edited by straili on Mon May 14, 2018 4:54 pm, edited 1 time in total.
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Re: E-wallets withdraw anonymously

Mon May 14, 2018 4:54 pm

Saint, I had to modify your post...you know why.

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