Connectpay!!

[aplusbangla]

Hey,
I was trying to make an account at Connectpay but it looks like it is harder than I thought, is there someone already have an account with them, I made manytime pro account with other websites but never got too many questions and ask for many papers! and I don't know what other benefits beside pro IBAN!.
please if someone can tell me if this worth to create an account here or not.

 

[negon]

WoW you mean ConnectPay | Banking made easy right ? That's a hell of a lot of information they are asking for!

 

[aplusbangla]

yep ConnectPay | Banking made easy - I start to believe they work for the CIA hh

 

[aplusbangla]

WoW you mean ConnectPay | Banking made easy right ? That's a hell of a lot of information they are asking for!

do you know any alternative?

 

[negon]

Somewthing special with them that I can't say right now? let me know otherwise I know a few others I can post here.

 

[Martin Everson]

50 euros a month service charge aka 600 euros a year just to have a basic business or personal account with that no name Lithuanian EMI that has been in business less than one year..lol.

 

[blizz]

Isn't it the same with most EMI's - they have not been in business long time see LeoPay, MT etc.

do you know any alternative?

There are lots of alternatives, question is, what makes this EMI special to you? Did they offer you something that you need?

 

[MrTony]

They do not accept offshore companies.
Very hard compliance.
But they responded very quickly.

 

[blizz]

So they are useless!

 

[Martin Everson]

Who is their target customer if they have hard compliance and high fees . What normal legit human being living in the EU is going to pay 50 euros a month to have an EMI account? They are either drunk or think they are the only game in town. For a non-EU resident they want 100 euros a month.

For non-EU business accounts the fees are outrageous.. There business model is already dead on arrival I can tell you. They will have to step back from these fees or close their business down. Avoid this company like the plague .

https://account.connectpay.com/IBANAccountsForBusiness_PriceList.pdf

 

[Bmw850]

I approached them for a business account. When they told me the fees for the application process, I laughed.
Since, every 2 days I receive a reminder by mail, I think they need my 750 euros

 

[porkie]

Do they require video verification or selfie with id of any kind?

 

[aplusbangla]

Do they require video verification or selfie with id of any kind?

i dnt think so but if you are all the papers you can open account at better websites

 

[porkie]

i dnt think so but if you are all the papers you can open account at better websites

What'd you recommend? I have papers in place but I'm not able to pass video verification.

 

[Bmw850]

Do they require video verification or selfie with id of any kind?

No they don't , but they have very expensive fees. It's not worth

 

[Tax Cow]

High fees are a motivator to have a little respect for the clients. Unlike MT or LP and iCard that can afford to dump thousands of customers overnight.

With that said, I think everyone's correct their fees are not adequately priced. CIM in Switzerland has about the same fees and corps registered in tier 1 offshore jurisdictions with reporting requirements are welcome.

At around willingness to pay EUR 1,000 - 1,500 a year for simple banking services, you can already prod well known banks to see if they will take you on. Including the ones who say they do not accept offshore corps.

 

[blizz]

As already said, they are useless and people that use this service are either drunk or plain stupid as @martin already pointed out!

 

[profitbbb]

yep ConnectPay | Banking made easy - I start to believe they work for the CIA hh

) You can try to search introducer which has a connection inside but it costs money. I am not sure it is worth to deal with connect pay