How reliable are they, anyone know if they are licensed and where?Try Wallter.com
They accept US companies.
Licensed in LithuaniaHow reliable are they, anyone know if they are licensed and where?
Have lots of experience with Wallter, how can i help?I'm reaching out again to explore alternative options for opening a euro bank account for my non-resident LLC. I attempted Revolut, but they don't facilitate accounts for non-residents, and Airwallex proved challenging during the application process.
Do you have any experience with Walter or 3S Money? Alternatively, I'd appreciate any recommendations for euro bank accounts suitable for non-resident LLCs.
Wallter are a bunch of crooks and stealing money from accounts as they please. Their bank statements are based on a 1995 excel file. Good luck with doing anything with them, dont touch them with a bargepole.Have lots of experience with Wallter, how can i help?
Excuse me, how did you decide that Clearsky is related to Wallter or any other EMI at all?? I suggest to do your research before making false accusations.Wallter are a bunch of crooks and stealing money from accounts as they please. Their bank statements are based on a 1995 excel file. Good luck with doing anything with them, dont touch them with a bargepole. Clearsky are closely related, if not the same company ubo there.
Bank of Lithuania imposed a fine of €280 thousand on Wallter UAB
The Bank of Lithuania revealed that, during the period under inspection, the customer risk assessment procedures applied by the institution had not ensured an adequate identification of money...www.lb.lt
and they dont learn....
3s money great
airwallex great
as in they are real companies adhering by the regulations set.
oh and if anyone got problems with an emi in lithuania, just raise a complaint with the regulator, that will sort things out
Wallter is not the only EMI that got fined, there are tons of others and they are still recommended on the forum. Even Revolut got fined... so?so based on the research from the actual central bank of Lithuania - wallter is a no go as they already received two fines - and you still recommend them - buyer beware
have a nice day
in 2020
“The company not only held client funds in an improper manner, but also concealed this fact by providing factually inaccurate information to the Bank of Lithuania. These are two serious legislative infringements.
More: https://www.lb.lt/en/news/wallter-u...ection-and-provision-of-incorrect-information
in 2021
The institution had not always identified its customers and their representatives properly
- and -
In addition, in the period under inspection, the institution had not ensured independence of the internal control function, which is responsible for the organisation of the prevention of money laundering and terrorist financing, from business interests.
More: https://www.lb.lt/en/news/bank-of-lithuania-imposed-a-fine-of-eu280-thousand-on-wallter-uab