Hi!
Perhaps not straightly offshore related, but still...
No problem, you are welcome. (And it
is offshore related, you are talking about offshore banking.)
I have an Estonia registered and operating consulting company, owners and managers local. Using local bank account now but would like to have IBANs starting with GB** and DE** for serving customers in these countries and making payments easier for them. Mostly private individuals.
Anyone is invited to correct me; but I am living under impression that SEPA payments must be handled equally across all the Eurozone, regardless of they are domestic or international, it is (one of many) EU regulations (similarly as e.g. with GSM roaming). Hence, for DE customers payments to EE bank account in EUR are the same as domestic payments... (But I can understand the psychological difference, especially for some customers.)
Ideally it would be possible to transfer money (also) to reputable crypto exchanges (Kraken) from these accounts but it is also OK if only back home.
Wise and Revolut closed accounts. Talking to Payset but they are expensive.
Any suggestions / ideas?
For GB IBAN and local UK payments check Currenxie (as already recommended), Interpolitan Money, MoneyNetInt, Wamo...
Airwallex will give you DE IBAN for EUR, and GB IBAN for GBP.
Well, but EU companies are onboarded by Airwallex Netherlands that used to suck a lot...
If DE IBAN is really needed, what about N26? I guess they open business accounts now, or not?
And there are definitely another options, there are more neobanks in DE, (I just do not recall what to recommend); and not only neobanks, if a company has DE customers, also some brick-and-mortar banks can onboard, KT Bank being an interesting example.
Neither accept crypto though. Not an issue for receiving C2B I would say.
Yes, if crypto-friendlyness is not necessary, better to omit it.
What did you get banned from Wise and Revo for? A little suspicious maybe.
They didn't say, what for.
I might have tried to transfer to Kraken from Wise. I did it from either and there was an automated response that transfers to that IBAN are not allowed. I think it was Wise. They have in their conditions that any kind of payments for crypto are not allowed. So my bad probably.
Revo opened a review or whatever they call it. Asked for docs, i sent them *.png-s, they asked for *.pdf-s. But in their system the docs were already uploaded, so the UI did not have an option to do it again....
By that time I was so pissed at them (they froze the funds for the time) + no way of communicating with them over normal channels like e-mail, new support person after every while, ... that I just gave up...
Guys... IMO, a quite standard behaviour of Wise/Revolut
(
@hannesur, for a more detailed reasoning, look e.g. here
If Wise is going to close accounts and is not the best, how diversify the money?. Generally, I guess that my general attitude to Wise/Revolut is quite known at this forum
.)
Not much, a couple thousand perhaps. But if it can be x, it can also be x000. More of a principle thing.
Definitely.
And i was as cooperative as imaginable, provided everything they asked for the same day, etc...
It could work but unnecessarilly expensive, IMO. For an EE company there are better options.
