No, you haven't overlooked anything. That pretty much sums it up. Unfortunately it seems next to impossible to find a bank and/or a facilitator to open said account.
Not a bad idea. But I was trying to avoid an "extra" office in Serbia/Turkey/Armenia/WhateverStan. The problem is that we sell physical goods not "ones and zeros" which means you would have to route the cargo through any of the above countries with killing your margin as a result. Thought about...
Was actually looking for a bank account. The business and funds are absolutely transparent and legit, but unfortunately they come from the perhaps most toxic place on the planet besides North Korea.
I agree with you that their prices are pretty steep, but I haven't been able to find anyone in the mid-price. It's either crazy expensive or crazy cheap which obviously is a scam
Hello,
We're EU company with a Russian subsidiary. We used to receive funds through Revolut, but now unfortunately Revolut doesn't accept ANY transfers from Russia. The payments are for customs cleared physical goods.
Any ideas or introducers, you could recommend?