Multiple Virtual IBAN for UAE Dubai Company

[limitlessecom]

Hello,
i am looking to create a multi virtual iban emi for my new dubai company. I am searching for fintechs like airwallex or currenxie, where applications are accepted as a UAE Dubai Freezone Company.
Please let me know if you have any solution!

 

[Novice]

Airwallex and currenxie didn't accept your company? Or you got accepted but you need more EMIs?

 

[limitlessecom]

airwallex has accepted my US llc, but not the dubai fzco
Currenxie is still in review - they asked for shop proof - i sent them, i think only currenxie will work so far.
I really need more EMIs

 

[JohnnyDoe]

What’s the reason for having multiple ibans?

 

[limitlessecom]

i am doing ecommerce and i own multiple shopify stores, aswell as multiple paypal accounts. so i need multiple euro ibans. only emis i have found so far were airwallex and currenxie

 

[JohnLocke]

You may want to have a look here
https://www.offshorecorptalk.com/threads/emi-for-uae-company.39080/https://www.offshorecorptalk.com/threads/sepa-banks-emi-for-dubai-uae-companies.39332/
Some good suggestions there already like Paxum, Bankera and more.

 

[JohnnyDoe]

i am doing ecommerce and i own multiple shopify stores, aswell as multiple paypal accounts. so i need multiple euro ibans. only emis i have found so far were airwallex and currenxie

Stay away from Bankera. Currenxie works well until it works. If you do decent volumes there might be a couple of other options.

 

[limitlessecom]

ok thanks a lot for the tips guys, really appreciate that! What do you mean by other options? are there any emis accepting UAE companies?
Btw i am also UAE resident next month, so there is no need for non resident bank accounts

 

[JohnLocke]

Btw i am also UAE resident next month

Take a chat with @Fred in that case.

 

[limitlessecom]

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[Houdini]

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Why would you do that? you think you get more answers?

 

[Fred]

ok thanks a lot for the tips guys, really appreciate that! What do you mean by other options? are there any emis accepting UAE companies?
Btw i am also UAE resident next month, so there is no need for non resident bank accounts

If you look for other EMI's who actually re-sell a real Bank like Currenxie and AirWallex you can look at Ebury and 3S Money.

While Ebury is a fully fledged Bank replacement who actually runs on Santander Bank they are more FX related and look for 750k$/year in FX.

3S Money charges 100$ a month and got reported having USD issues lately. However couple if really professional guys working there.

Both have office in DIFC here in Dubai.

 

[JimBeam]

Payoneer works for UAE companies but their 2% fee for withdrawals is insane!

 

[limitlessecom]

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