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LeuPay.EU - Review please is it a good offshore bank?

Discussion in 'Offshore Bank Accounts' started by maxmoney, Jan 11, 2017.

  1. diablo

    diablo Banned Users Business Angel BANNED MEMBER

    For small amounts they are good. You want to mix your inventory with Mister Tango and Revolut accounts and even AdvCash so you can split your hard earned money!
     
  2. Yaneek

    Yaneek New Member Entrepreneur

    What is the best reason to say when they ask why I want to use their service?
     
  3. void

    void Trusted Member Business Angel

    I do always say I'm sick of my current bank and their fees and want to try their feature rich service :-D. Kissing someone's ass always works...
     
    David97255 likes this.
  4. lookingforward

    lookingforward New Member Entrepreneur

    I am using Leupay for almost a year already, had no issues with them and support service was quick (had an issue with their new touchless card, some shops double charged me) they got my money back in two days.

    Had also no issue on their transfer to Bulgarian IBAN, all maltese IBANs still work until 2nd of June, will have to stop using them after that for sure, as im using it also as some kind of salary card from my Maltese company.

    Cheers.
     
  5. Yaneek

    Yaneek New Member Entrepreneur

    Have you used them for bigger amounts, for example 5-10k transactions? Do they always ask for invoices?
    What does the verification consist of? What do they ask?

    Do you have the list of documents required for business accounts?

    Funny avatar btw :)
     
  6. lookingforward

    lookingforward New Member Entrepreneur

    Sadly i am using it as Personal Account as "salary" account from my own company to me, Transactions variate from 2 to 7k monthly, had zero problems with that.

    Cant answer on business account usage. Maybe i would not recommend them as business account since they moved their main forces to Bulgaria, same reason why i will close my account for personal use as well.

    I knew that someone will like my avatar tho :)
     
  7. Yaneek

    Yaneek New Member Entrepreneur

    So you send from your offshore bank to your personal leupay as salary? What do you tell your bank?
    My main problem is that my bank asks too many questions and documents for pretty much all transactions. I am not sure how salaries work with offshore companies. Do you invoice from personal name to your offshore?

    Or do you say it's dividends?
     
  8. Brutus

    Brutus New Member Entrepreneur

    Something wrong with Bulgaria?
     
  9. blueweb

    blueweb Corporate Services Mentor Group Business Angel

    what bank do you use? Is it a offshore bank or a local bank?
     
  10. diablo

    diablo Banned Users Business Angel BANNED MEMBER

    Why don't you setup a simple fake UK company, invoice this company and tell LeuPay it is consultancy work or copyright's you get paid for?!
     
  11. lookingforward

    lookingforward New Member Entrepreneur

    Nothing wrong with Bulgaria, as i mentioned before, it was Satabank before(maltese iban) so i had pretty fast transfers from Maltese company with Maltese bank. Also when they've been working with satabank i had a chance to just go to their office if i had any problem. Now its completely different
     
    David97255 likes this.
  12. AlexNikoula

    AlexNikoula New Member

    please, guys, I want help here
    my PayPal account did not accept my leupay visa card or bank account because I didn't find any way to charge my leupay account any help please I want to link it with my PayPal thanks.
     
  13. eros

    eros New Member

    WELL I HAVE TO TELL YOU I HAVE FINALLY OPENED A BUSINESS ACCOUNT IN EUROS AND GBP WITH LEUPAY. EASY TO OPEN IT, GOT MY 2 DEBIT CARDS IN A WEEK TIME, EVERYTHING SMOOTH...THE PROBLEM IS THAT NOW EVERY BANK TRANSFER I RECEIVE FROM CUSTOMERS, THEY KEEP ASKING ME TO PROVIDE DOCUMENTS UPON DOCUMENTS, ITS A REAL PAIN IN THE BACK, SO PROBABLY THE ONE WHO WAS SAYING THAT LEUPAY IS SHIT, HE IS NOT THAT WRONG LOL ....AND I DON'T HAVE A PRIVATE ACCOUNT BUT A BUSINESS, MY BUSINESS IS IN THE UK, EVERYTHING IS ABOVE BOARD WITH INVOICES ETC ETC, BUT IT'S A CARRY ON EVERY TRANSFER I RECEIVE I NEED TO PROVIDE DOCUMENTS!!!
     
  14. Tamarind

    Tamarind New Member Entrepreneur

    So what did you want, no questions asked business transfers?

    Leu is mostly perfect for clean biz. Never had problems private or biz.
     
  15. Rachel Brown

    Rachel Brown New Member

    Dude call them explain your business and situation and ask their rep to leave a note to your account so they see the note and you dont have to answer same questions every time. As the member above me said, Leu is perfect for clean business, I have contacted their support 2-3 times they were nice with me.
     
    David97255 likes this.
  16. blizz

    blizz Trusted Member Mentor Group Business Angel

    don't use CAPS LOCK do you think I read you better using this? The only thing it means to me is you are a fool!
     
  17. MrTony

    MrTony Trusted Member Business Angel

    OMG, all guys that crying about providing documents about your transactions, welcome to reality. If you have a normal business - be ready for proofs of this. AML and KYC today is not only formality docs at the basement of cite.
     
  18. David97255

    David97255 Anonymous company emi's merchant Mentor Group Business Angel

    Well ... Honestly it's not so difficult to provide supporting documents to a bank or Emi ( invoices, contract, proof of delivery ) and this for all kind of business.
     
  19. David97255

    David97255 Anonymous company emi's merchant Mentor Group Business Angel

    You are really wrong about Leupay.
    Clean business has never been their primary target.
     
  20. Rachel Brown

    Rachel Brown New Member

    I live in Bulgaria and I use Leu for legit business no problems for me so far. I don't have any illegal business here so I cannot try how they would react, I hope you understand my situation.
    Also being in Bulgaria its risky to "joke" with a local company, because they are like a local company - support speaks bulgarian and bank accounts are registered under the license of the BNB (Bulgarian National Bank).
    I really dunno about the illegal business as I only have legal business with them.
     
    blizz likes this.