epayments vs transferwise

macthaiver

Well-Known Member
Hello all,

for an offshore in marshal, which is a safer solution to accept payments instead of bank? epayments or transferwise? Are they safe or they are blocking accounts for ever?

Also, what else is the option for remote fast opening?

thank you
 

macthaiver

Well-Known Member
This is good then! What about epayments?

And which is considered as the safest for Marshall company (able to open I mean).

Thank you @Admin
 

macthaiver

Well-Known Member
Hi all.. no answers so far.. I wonder why!
I have already an account with TW but i'm realy afraid to use it as i read that many people / companies complaint that they got their account blocked. So, which one is reliable? Epayments? I'm reading that they are regulated by lithuania (i have very bad experience with Lithuania. I got scammed by cardinity and i traveled there to solve it.. where i got totaly disatisfied with the gonverment support - a big zero - any i lost a huge amount that cardinity holded for ever.. ) so when I use Lithuania and the "unknown" behind I simply turn around and walk far.
At least I believe the in UK even these scamEMIS keep your money, you will get them after 1-2-3-5 12 months..

But to avoid all this, what is the suggested option? I have a company in marshall and need emi or bank account 100% reliable. I am invoicing EU companies, no USA, no laundering no mafia... clear consulting to highly reputated companies.. but i don't want to piss my customers asking them for papers as scamtinity (cardinity) did to me...

so, please kindly suggest me something .

thank you
 

macthaiver

Well-Known Member
i am a low incomer, very low i would say..
but been in this forum for some time, i read about a great developer that makes 500K per month, some other guys getting much money etc.
Guys, why you don't open an EMI that don't suck? to have respect to customers, and indeed if they do laundering yes block them, but if you see transactions don't steal them, be fair.
If i was getting these amounts per month I would do it and get all the market !
 

therealmarv

Building Trust
Entrepreneur
Get a reputable jurisdiction first! Marshall Islands is so so burned nowadays. Everybody knows it's fishy and certainly every bank knows for sure!
Then use Transferwise.
And calm down.

If you are so worried about EMIs then don't use them. Blocking can even happen on the most reputable banks. And Transferwise has top notch reputation as EMI.
 

Bmw850

Trusted Member
Business Angel
@macthaiver

I would add an EU company between your customers and the Marshall company and keep it for lowering tax by sending the profit from your EU Corp. It will be easier to invoice Eu customers, get a decent bank or emi.
Anyway transferwise is good ( fees, fast wire, card ) but they are too sensitive for me.
Epayment make the job, I would vote for.
There is a long list of emi's most are east European based or owned.
 

blueweb

Corporate Services
Business Angel
Mentor Group
i am a low incomer, very low i would say..
but been in this forum for some time, i read about a great developer that makes 500K per month, some other guys getting much money etc.
Guys, why you don't open an EMI that don't suck? to have respect to customers, and indeed if they do laundering yes block them, but if you see transactions don't steal them, be fair.
If i was getting these amounts per month I would do it and get all the market !
Actually it is not about what people are doing but how they are doing it. I believe that if you have a real company setup somewhere in Europe and not in some sort of banana republic you will get approved at first. So you need to backup your company with KYC and a really good business description that explain what exactly it is you are going to do, doing so it will help you to avoid your account to be blocked.

If you play with open cards you will also be able to backup each transaction with invoices to show the EMI once or if they will ask for it.

We have seen Mistertango, LeuPay/LeoPay, satchelPay and CG Bank which turned into some nasty game of shit, this happens and it will happen again, so you need to take your precautions and don't put all your money into one EMI but spread the risk and open several EMI accounts.

I had so far no problems with Transferwise.
 

macthaiver

Well-Known Member
Thank you guys for your answers. Much appreciated. What is a KYC ?
And what is a cheap solution of s company that works just a little? All EU companies need 4 5 8 thousands euro to work per year.
Which is a good jusriction 0% tax and trusted by EU banks? (Or at least better than Marshall )

Thank you
 
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