In this discussion, members explore various banking options for handling payments in the sex work industry, focusing on neobanks that offer IBANs and are perceived as sex work-friendly. Here's a summary of the key points:
- Challenges with Banking: Many models express concern over the risks associated with neobanks, as accounts can be suspended or payments delayed without notice. This risk is not unique to the sex work industry, but it poses a significant problem for those relying on digital payments.
- Yoursafe Experience: Yoursafe was mentioned as an option, but experiences are mixed. While some users had no issues, others switched due to concerns over account freezing and poor customer service.
- Wise: Wise is highlighted as a reliable option by several members, despite technically not being sex work-friendly according to their policy. Users appreciate its transparency, efficient customer service, and overall reliability. However, it’s advisable not to keep large balances in accounts tied to adult industry payments.
- Revolut: Some members use Revolut as an intermediary to minimize risks. While Revolut is considered strict, it's still used by some due to its favorable app features and interest rates.
- General Advice: A common strategy among members is to transfer funds quickly from accounts receiving payments from adult sites to mitigate risks of account suspension.
This topic underscores the ongoing challenges faced by professionals in finding secure and reliable banking solutions within the industry.