Syechelles company + Cyprus bank account refused

yuseff said:

I had registered a seychelles company with pkcy.com

i got to know that

Piraeus Bank has refused to open my bank account.

Supposedly my name matches someone in WorldCheck database .. i have no criminal record...

Can anyone assist me...

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Have you received the reason for refusal or nothing?

You typically don't get the reason for the decline. However, if they declined your application and if it is because of a match in the database you can forget about the account opening at any bank, most banks worldwide has implemented the worldcheck database as part of their DD / KYC procedures!

What is this worldcheck database? does all banks have access to it you think?

What are you going to do now? Can't you just signup with service like LeuPay or WorldCore?

Where are you from if you don't mind? what about LeuPay and similar providers ?

yuseff said:

WorldCore is not for my nationality

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Advance Cash, Xapo, LeuPay all possible alternatives or not?

yuseff said:

I had registered a seychelles company with pkcy.com

i got to know that

Piraeus Bank has refused to open my bank account.

Supposedly my name matches someone in WorldCheck database .. i have no criminal record...

Can anyone assist me...

Click to expand...

What's your business?

maxmoney said:

Advance Cash, Xapo, LeuPay all possible alternatives or not?

Click to expand...

Yes you can use them as an alternative to the banks! Actually it works fine for some business setups.

There are great alternatives to Piraeus bank. Either use EMI service providers or find a different bank in Cyprus or Russia!

yuseff said:

I had registered a seychelles company with pkcy.com

i got to know that

Piraeus Bank has refused to open my bank account.

Supposedly my name matches someone in WorldCheck database .. i have no criminal record...

Can anyone assist me...

Click to expand...

Pireaus bank is greek bank. for offshore acc u must apply at the bank of cyprus

Yes they are a Greek Bank!! but they are separated in Cyprus, they operate under Cyprus conditions and not Greek.

Enea Qerama said:

Pireaus bank is greek bank. for offshore acc u must apply at the bank of cyprus

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I totally agree, they are much better but started to reject applications frequently.