What can I do if my bank rejects my cryptocurrency transaction?

If your bank rejects a cryptocurrency transaction, it is likely due to a lack of clarity around the source of funds or concerns about regulatory compliance. In this situation, you can turn to Cense AG to help resolve the issue. Our platform provides detailed risk assessments of your cryptocurrency holdings and transactions, which can be shared with your bank to demonstrate that your funds are legitimate and compliant with AML regulations.

By using Cense AG’s reports, you can provide your bank with the documentation they need to reconsider their decision. This process gives banks the confidence to process your transaction, knowing that the risk of handling illicit funds has been thoroughly assessed and minimized.