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JohnnyDoe

Schrödinger's guy
Mentor Group Lifetime
Dec 6, 2021
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https://altery.com/
UK based EMI
In addition to IOS and Android app they offer a Telegram based account opening system. I tried it and all went smooth, nice idea and a first for me.

Updated: Monkey warning! See the subsequent posts.

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FYI, their audited accounts filed at the companies house show a tiny turnover and huge losses of 4mln pounds for 2023.
On the other hand, they are publishing their financials directly on their webpages. It counts. Very rare, if not unique among EMIs (some banks do it).
 
Account approved, I got a Eur GB IBAN with SEOUGB21. For USD you don’t get a personal account but you must send to Altery’s omnibus.
Crypto is accepted, but:

“Please note that after your first crypto transaction, SWIFT and Faster Paymentsservices will no longer be available. All other services will continue to work as usual.”
 
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Why are you after an account with this EMI, just for additional supply of the list of EMI's or is there any particular reason ?
You never know what the future holds. And it seems a bit different than the usual ones.
 
You never know what the future holds. And it seems a bit different than the usual ones.
I opened one after seeing the post from @JohnnyDoe and the verification came through in a similar timescale. Always good to have a few options in the back pocket. I've experienced ContoMobile, Bankera, iCard, Flow etc and all have a finite time of operation. I am also becoming more tiresome of the tedious Revolut hoops I have to jump through to just get a transfer executed when they decide the transaction is 'suspicious'. Tempted to leave them before (as someone else said) my loyalty is rewarded with a closure!
 
I opened one after seeing the post from @JohnnyDoe and the verification came through in a similar timescale. Always good to have a few options in the back pocket. I've experienced ContoMobile, Bankera, iCard, Flow etc and all have a finite time of operation. I am also becoming more tiresome of the tedious Revolut hoops I have to jump through to just get a transfer executed when they decide the transaction is 'suspicious'. Tempted to leave them before (as someone else said) my loyalty is rewarded with a closure!
Revolut once froze my account after I tried to send 200 pounds to our son, a student in London!! They asked for my ID, but they already had it! Communication via webchat was a joke. I went ballistic and threatened to report them for fraud, embezzlement and .... whatever I could think of at the time, to the FCA and Lithuanian police. :cool: I received a grovelling apology and never had a problem since. 99% of the time, Revolut is fine, but they do make silly mistakes, like suddenly adding another country of tax residence to my personal details!
 
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I read the comment along the thread it don't read that there is anything wrong with them, only they are not very known to people that is all.
How about you promote them a bit in Paris when you go clubbing?
 
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