You mean this one Fincofex - why would someone need your help to setup the account and get approved?
The fees are beyond ridiculous. It's like they're doing a satire on EMIs like Erabanq.why you think so?
The fees are beyond ridiculous. It's like they're doing a satire on EMIs like Erabanq.
thank you for your feedback @Martin Everson you are good for this forum.....actually did a quick check on FincoFex and its a bunch of Latvians behind it with Kazakhstan backer. Started with £2 in share capital. Run for your life and take cover....lol
. Anyone promoting this company must be in on this scam
. £1000 a month card fee....im dead.
Officers:
FINCOFEX LIMITED people - Find and update company information - GOV.UK
FINCOFEX LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activitybeta.companieshouse.gov.uk
Significant person:
FINCOFEX LIMITED persons with significant control - Find and update company information - GOV.UK
FINCOFEX LIMITED - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activitybeta.companieshouse.gov.uk
These fees are not crazy at all.
the guys are sick and try to milk the cow1000 GBP per month , card fees?
COMMISSION FOR CONSIDERATION OF DOCUMENTS FOR OPENING AN ACCOUNT
Start from £2000
Ok guys , i open an EMI , it s too profitable business![]()
There are desperate people who are making desperate decisions so you would be surprised there are many people who do not mind those fees. Desperate times call for desperate measures.God Damn....I can hear Bill Gates screaming "How much you want???". £500 a month inactivity fee, £2000 to consider opening documents
.
F*ck that company and anyone who even thinks of using them...lol....Oh and I mean that from the bottom of my heart. It must be a scam April 1st joke surely. I am not even gonna investigate it....lol.
There are desperate people who are making desperate decisions so you would be surprised there are many people who do not mind those fees. Desperate times call for desperate measures.
I haven't even looked it up nor checked their fees, I just pointed out that there are many people who are going for these options in order to execute a few payments, get their money and then disappear. Sometimes the risk pays out, sometimes it doesn'tYes, a fool and his money are easily parted. Especially when the company is a proven eastern european scam being pumped by a new user to the forum....lol.
P.S I would say rather - desperate people always make foolish mistakes.
I just pointed out that there are many people who are going for these options in order to execute a few payments, get their money and then disappear. Sometimes the risk pays out, sometimes it doesn't![]()
<<snipped spam>>
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Electronic Money Institutions (E-Money Institution, EMI) are a new era in banking with a focus on remote services, mobile apps, and streamlines, simple services. The most noteworthy examples are probably Paysera, LeuPay, and N26.
Most of these EMIs are riding on new EU/EEA regulations meant to increase competition in banking, which is why there practically aren’t any from outside this region that offer the same level of services with unique, individual bank accounts (IBAN with SEPA capability for rapid, low-cost EUR transfers within EU/EEA).
Many of these institutions do not hold banking licenses and a few are relying entirely on third-party licensing.
Nonetheless, no guarantees are made for the accuracy or validity of the information presented here.
EMI / Bank Jurisdiction Platform IBAN Card Card country License Platform Bank Restrictions Type
Anytime France All France Visa UK Unclear ? R. Raplhael & Sons EU/EEA (not all) All
Bred Espace France Web France No N/A Bank BRED BRED France? All
Bunq Netherlands Mobile Netherlands Maestro Netherlands Bank Own ? EU/EEA All
Deutsche Handelsbank Germany Web Germany No N/A Bank Sofort Own None Business
Hello Bank France Web France No N/A Bank BNP BNP France Personal
Holvi Finland All Germany MasterCard Germany E-money Wirecard BBVA EU/EEA Business
ImaginBank Spain All Spain Bank Caixa Bank Caixa Bank EU/EEA Personal
LeuPay Malta / Bulgaria All Malta MasterCard Bulgaria, others E-money Own Satabank None All
MisterTango Lithuania Web Lithuania No N/A E-money Own SEB None All
Monese Estonia Mobile UK domestic, aggregate IBAN Visa UK E-money Own Lloyds EU/EEA Personal
MoneyPlusCard Malta Web Malta No N/A E-money ? ? ? All
N26 Germany All Germany MasterCard Germany Bank Own Own EU/EEA (not all) Personal, sole trader
PayMix Malta Web Malta MasterCard Malta E-money Own ? None All
Paysera Lithuania All Lithuania Visa UK E-money Own SEB None All
Revolut UK Both UK domestic, aggregate IBAN MasterCard UK E-money ? ? EU/EEA Personal
Swirl Card Ireland Web Unclear MasterCard ? Unclear ? ? Ireland, UK Personal
Viabuy Germany Web Germany MasterCard Germany Unclear PPRO ? EU/EEA Personal
Worldcore Czech Republic Web Czech Republic MasterCard Gibraltar E-money Own ?