I - Account EMI

[Jav]

Hi to all fellow members,

I pop-up to an EMI called I account. Is based in HK so would appreciate any feedback in terms of corporate accounts opening, easy of transfers etc. Is it worth or there are better options?

 

[lookingforward]

Hi to all fellow members,

I pop-up to an EMI called I account. Is based in HK so would appreciate any feedback in terms of corporate accounts opening, easy of transfers etc. Is it worth or there are better options?

never heard of it, would like to also know a bit more

 

[Samuel Newman]

it's website looks awful
why don't you use some well-known EMI like Leupay, Paysera, MisterTango, Sepaga?

 

[Jav]

Has been recommended to me for receiving upper 5 figures company payments with no problems so I am asking about first hand opinion.

 

[MrTony]

They open account not in the name of the Company in requisit, but you can use USD for sending and accept, accept offshore companies. A long time in business. I don't know any other EMI, which provides payments in USD, as I-account, so I think they are a good decision.
Also, their new product - Liri Business Development

 

[Jav]

Thanks for the info. I was thinking there is something good about it cause the guy who recommend it to me is on top of his game.

Can you please clarify what you mean by" They open account not in the name of the Company in requisit"

 

[MrTony]

When you will transfer funds to the counterpart as the sender will point I-account (and only in
The same, when you will accept funds. If your partners can't send money to the account, which opened not in your Company name - it will be impossible.
So, as a resume - you don't accept own payment details for Company (like in a bank).

 

[Nyep]

He means iAccount accounts are registered under "iAccount" and are not in the name of the customer.

Basically - when money is transferred in the beneficiary will need to be "iAccount", not your company. When money is transferred out the sender will appear as "iAccount", not your company.

That was the showstopper for me back when I considered them and I didn't inquire further.

 

[Jav]

What about the opening of the I account - is it comparable to other EMI's or...

 

[MrTony]

I had some misunderstandings with their compliance, but in common as usual EMI in a procedure of opening.

 

[dirtyharry]

That mean you got an account opened with them @MrTony ?

 

[MrTony]

Yes, I do. But don't use it almost.

 

[cptproto]

The last thing I heard is that they don't accept third-party wire-transfers. Please let me know if this is possible as soon as you have your account.

 

[Jav]

The last thing I heard is that they don't accept third-party wire-transfers. Please let me know if this is possible as soon as you have your account.

Do you mean that if you have a business account you can't receive wires from other businesses?
It would be useless for me than. Are you sure?

 

[MrTony]

You can receive wires from other businesses.
You can't accept funds in the favour of third parties.
I don't know current situation for C2B payments.

 

[Ladislav Smicek]

anyone had delays in outward transfer execution? I mean over 30 days delay.

 

[Runway]

I am opening with NEAT HK anyone has some first hand experience?

 

[negon]

I am opening with NEAT HK anyone has some first hand experience?

IS this topic about NEATH HK ? open your own thread and follow the forum rules

 

[KJK]

anyone had delays in outward transfer execution? I mean over 30 days delay.

Is something happening with the company? I don't know anyone who is using them, their account seems to be a legit service but not a very useful or practical one... except maybe you're from some nearby country where having an account would cause complications. Or maybe it's intended for mainland Chinese citizens who want to hide a bit?

I find their service pretty useless, the website ugly and outdated. So I'm wondering who is using them for what

 

[Ladislav Smicek]

Is something happening with the company? I don't know anyone who is using them, their account seems to be a legit service but not a very useful or practical one... except maybe you're from some nearby country where having an account would cause complications. Or maybe it's intended for mainland Chinese citizens who want to hide a bit?

I find their service pretty useless, the website ugly and outdated. So I'm wondering who is using them for what

In the beginning the weren't bad but now they are not executing large outward transfers or executing after 3-4 weeks. They always give a bs excuse that they checking and verifying transfer info. This is not company specific. its happening will companies on that EMI.