Need URGENT solution for UK Business Bank (non-resident)

[OVZA LLC]

Open an account on transferra

 

[MaltaNomad]

Do all members have EU passports?



Was a UK EMI the first to ban you? I ask as there is chance if the ban was related to fraud i.e suspect documents you provided them then your almost certainly been entered in the UK CIFAS blacklist database by them. Wise, Revoult and other UK banks etc all are members of CIFAS and use this database to blacklist clients. You would be persona non-grata (banned) for business in UK if its the case.

You can make a request below to see if its the case.

https://www.cifas.org.uk/individuals

P.S Hopefully none of above is true and it is simply EMI's internal rules and they don't like UK LLP's of non-residents following the Scottish LLP's and money laundering scandal as they see them as high risk. In which case you need a high risk EMI.

https://www.bbc.com/news/uk-scotland-scotland-business-43935839

This is the first time I’ve heard of an EMI outright banning a customer! Usually, they just close the account and you move on to the next one.

Does anyone know how long such a ban typically lasts? Is it similar to the old Visa/MC TMF list back in the day?

 

[Martin Everson]

Does anyone know how long such a ban typically lasts?

It lasts 6 years as stated on their website.

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• ‘Date recorded’ - tells you the date the information was recorded to the database. The information is retained for a period of six years from this date.

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Is it similar to the old Visa/MC TMF list back in the day?

Yes it is similar to MATCH database previously known as TMF (Terminated Merchant File).

Basically when your in either or both your screwed.