CRYPTOASSETS

Your funds are in crypto but the property payment is in euros

What to align before conversion and the completion date.

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Begin before the final deadline

A property purchase and asset conversion involve different parties. Align the provider’s, bank’s and transaction parties’ requirements before moving funds. Acceptance depends on the jurisdiction and individual circumstances.

Begin before the final deadline

A property purchase and asset conversion involve different parties. Align the provider’s, bank’s and transaction parties’ requirements before moving funds. Acceptance depends on the jurisdiction and individual circumstances.

Define the intended result

Clarify who must receive fiat, into which account and by what date. In our advisory model, an independent provider performs conversion and transfer; SVIT OPLAT helps select the route and prepare evidence. We do not receive client funds.

Define the intended result

Clarify who must receive fiat, into which account and by what date. In our advisory model, an independent provider performs conversion and transfer; SVIT OPLAT helps select the route and prepare evidence. We do not receive client funds.

Assess the provider and evidence

Review the provider’s status for the relevant service, KYC requirements, source of funds and cryptoasset history. Coordinate property documents and the receiving bank’s requirements in parallel.

Assess the provider and evidence

Review the provider’s status for the relevant service, KYC requirements, source of funds and cryptoasset history. Coordinate property documents and the receiving bank’s requirements in parallel.

Review costs and timing before transferring

Clarify the exchange-rate mechanism, fees, network charges, refund arrangements and payment evidence. Timing includes checks and bank processing, not just conversion. One case’s completion time is not a universal service standard.

Review costs and timing before transferring

Clarify the exchange-rate mechanism, fees, network charges, refund arrangements and payment evidence. Timing includes checks and bank processing, not just conversion. One case’s completion time is not a universal service standard.

An example from our practice

A client held cryptoassets and needed to pay for an Italian property. We identified a provider and helped prepare onboarding and source-of-funds and wealth evidence. In this case, the client received euros in their own account within one week and completed payment on time.

An example from our practice

A client held cryptoassets and needed to pay for an Italian property. We identified a provider and helped prepare onboarding and source-of-funds and wealth evidence. In this case, the client received euros in their own account within one week and completed payment on time.

Keep the completed file

Retain agreed terms, conversion and transfer confirmations, relevant statements and asset-history evidence. Tax implications should be assessed with appropriate specialists for the relevant jurisdictions. Contact us before transferring to discuss your starting point and deadlines.

Keep the completed file

Retain agreed terms, conversion and transfer confirmations, relevant statements and asset-history evidence. Tax implications should be assessed with appropriate specialists for the relevant jurisdictions. Contact us before transferring to discuss your starting point and deadlines.

START WITH A CONVERSATION

Tell us what you need to resolve.

Meet us for a free introduction and agree the next step.

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