To notify your bank or crypto exchange in advance of a large transfer and help prevent unnecessary blocks, it is considered best practice to send a clear, formal notification outlining the details and purpose of the transaction.
This approach has been shown to reduce the likelihood of delays, as it allows the institution to anticipate the transaction and perform any required compliance checks proactively.
Below is a template you should adapt by replacing all values in between [brackets]:
a. Template to send for Banks and Traditional Finance
Subject:
Advance Notification of Upcoming Wire Transfer
Dear [Bank] Team,
I am writing to inform you in advance of an upcoming wire transfer from my account [Your Account Number/ID]. The transfer is scheduled for [Date], in an approximate amount equivalent to USD $12,000, to CETC Treasury LLC. The purpose of this transaction is to become the steward of a membership in a Private Members Association.
I understand this amount may trigger additional security protocols and wish to ensure a smooth process.
Please let me know if you require any additional documentation or information to ensure this transaction proceeds smoothly. I am available at [Your Phone Number/Email] should you need to verify any details.
Thank you for your attention and for helping to ensure a seamless transfer process.
Sincerely,
[Your Full Name]
[Your Contact Information]b. Template to send for Crypto Exchanges
Subject:
Advance Notification of Large Cryptocurrency Transaction
Dear [Exchange Name] Support Team,
I am writing to inform you of an upcoming large cryptocurrency transaction from my account [Your Account ID/Username].
I plan to send an approximate amount equivalent to USD $12,000 on or around [Date]. The purpose of this transaction is to become the steward of a membership in a Private Members Association.
I understand this amount may trigger additional security protocols and wish to ensure a smooth process.
I can provide any required verification or additional documentation. I am available at [Your Phone Number/Email] for any security checks or verification calls you may need to conduct.
My account has completed all KYC requirements.
Thank you for your assistance in facilitating this transaction securely.
Best regards,
[Your Full Name]
[Your Account ID]
[Your Contact Information]