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justin.framedl.eth pfp
justin.framedl.eth
@ahn.eth
as the founder of a US company with a team based in the EU, i run payroll from an EU subsidiary (french sarl) we do a lot of cross border txs, both in fiat & crypto, so frequently on/offramp USDC via circle, which hasn't been an issue at our US bank; and with the recent push of EURC, i was super excited this would make transfers to the EU entity simpler, faster and cheaper however, each time i've made a wire so far, our french bank, bnp paribas, gives me so much shit, demands heaps of documentation ๐Ÿ˜ญ is anyone else trying to leverage EURC in any real-world capacity today? is it just bnp that sucks? or am i being foolish to expect meaningful stablecoin adoption at any institutional level in /europoooooor anytime soon?
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Cake One ๐ŸŽฉ๐Ÿ”ต๐ŸŽญ๐Ÿ”ด pfp
Cake One ๐ŸŽฉ๐Ÿ”ต๐ŸŽญ๐Ÿ”ด
@theonlycakeone
As a french person working with a US company and also at the same bank, i feel you... And yes, it sucks.
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Lata pfp
Lata
@lata
no advice but i was also really excited about EURC and this makes me really sad to read
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qdau pfp
qdau
@df
curious how you're offramping via circle - is that circle mint?
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Sohey.base.eth pfp
Sohey.base.eth
@sohey.eth
Iโ€™ve been using Bunq @ & Revolut with euroc and have not had any issues with off ramping. But bunq did send me a warning but only when I tried to send money to my cb account
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Arjan | That Poetry Guy pfp
Arjan | That Poetry Guy
@arjantupan
No specific experience in this area, but... banking in France with some of the traditional banks, such as the one you mention, is even more painful than banking in Germany with similar banks. If in any way possible, I would try to find a different bank. Even for a regular new account we had to sign a document of about 30 pages. In The Netherlands you can open that online, get a simple to read contract sent home, which you can sign and scan to return. You might be able to find a bank that's less painful.
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Speakup ๐ŸŽฉ๐Ÿ”ฎ ๐Ÿช” pfp
Speakup ๐ŸŽฉ๐Ÿ”ฎ ๐Ÿช”
@speakup
It's a nightmare.. Not sure it will improve any time soon either..
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Just Build pfp
Just Build
@justbuild
I'm supporting you through /microsub! 81 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)
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dusan.framedl.eth pfp
dusan.framedl.eth
@ds8
I'm supporting you through /microsub! 110 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)
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hollymolly.framedl.eth pfp
hollymolly.framedl.eth
@hollyr.eth
I'm supporting you through /microsub! 68 $DEGEN (Please mute the keyword "ms!t" if you prefer not to see these casts.)
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nyc-crypto-cabal-kid pfp
nyc-crypto-cabal-kid
@zinger
Can you run payroll using EURC and have employees off-ramp at their leisure? Or need payroll in fiat?
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