Moneynetint.com is a waste of time

[Volex]

I started the procedure of opening a personal account with Moneynetint about 1 month ago and still now they don’t activate the account.
I send them all the documents and informations when I started the procedure, but they are continuing to send me an email once a week asking the same informations that I provided.
For me Moneynetint is the worst Emi Company and a waste of time.

 

[JohnLocke]

Sad to hear that! What documents do they keep requesting? did they ask for anything notarized, apostilled etc?

 

[Volex]

First they needed the photos of the ID, utility bill and a selfie with the ID. After some weeks they asked the statements of the personal banks that i will use in the future to fund the personal Moneynetint account.
Still now they did not ask for anything notarized, apostilled ecc, but I closed with them, so I don't know if they are going to ask these documents in the future or not.

 

[profitbbb]

there are many options for personal accounts, search it...

 

[Artemis Eleutheria]

https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000NMTPfAAP

 

[Elve]

I also had a similar and complicated experience with moneynetint until I left the onboarding process. However moneynetint have important clients like Ecopayz.com for example. Surely others must have more luck with them.

 

[Tax Cow]

Be ware the less known EMIs. I'm not accusing this particular one but some of them are set up for identity theft.

An ID document alone is almost worthless, but a full set of documents - ID, proof of address, social sec no., source of funds proof, bank statements etc. is a very nice bundle that has some value in deep web.

Likewise, if an EMI or bank capable of issuing dedicated IBANs asks you to send the initial deposit to a 3rd party account for "compliance checks" before they agree to issue your own IBAN, you can bet they are a scam. Your initial deposit to your new account should always be 1-10 USD/EUR even if the minimum account balance requirement is in hundreds of thousands. Better safe than sorry.

 

[lavel]

Great information & good to know. I have considered it a few times but never thought it really would be something they practice.