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Thanks for pointing in the direction of this EMI, I will try to apply for an account with them.
 
Please check their AUP before applying -

https://wittix.com/acceptable-use-policy

Lots of countries are not accepted, including the UAE.

I have read some reviews on their Trustpilot page regarding the corporate account, and it's not nice.

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I have read some reviews on their Trustpilot page regarding the corporate account, and it's not nice.
really you consider Trustpilot to be trustworthy when it comes to services like this ?
 
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Wittix is licensed and regulated by the Supervision Service Department of the Central Bank of Lithuania and is granted Electronic Money Institution (EMI) licence No. 48, with a payment system participant code No. 33000, and conducts business under the laws of the Republic of Lithuania.

So i thnk it will reported likely ZEN
For sure; and what's the problem?
(Be advised that you will be reported sooner or later by any institution from some AEOI/CRS country.)

really you consider Trustpilot to be trustworthy when it comes to services like this ?

Seems like a legit review, though.
Well, the validity and reliability of Trustpilot reviews is really close to zero in many cases. Keep in mind that these reviews are (mostly/very frequently) made by biased people who, in addition, lack the knowledge at the field of financial services.

So, to get the corporate account, you need to pay a fee for the account opening and provide a lot of documents.
It's not exceptional with LT EMIs.
Yet in general, as of the latest actions of the LT regulator, it is better to look elsewhere, I am afraid.
 
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Well, the validity and reliability of Trustpilot reviews is really close to zero in many cases. Keep in mind that these reviews are (mostly/very frequently) made by biased people who, in addition, lack the knowledge at the field of financial services.
Well said, trust pilot in the financial industry is most often worthless.
 
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They're very expensive even for first-tier personal/business accounts, which are supposedly low-risk; they charge "€5 + 0.15%" for every sent/received transaction. Both a static fee and a percentage is criminal!

They also don't support SEPA Instant like most of the crappy EU banks/EMIs, so if someone sent you a payment Friday night, you'll get it Monday morning (hopefully).
 
Yes they really suck !!! I’ve opened with them, as soon as the first wire landed , my account under review asking thousands of irrelevant questions
 
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