The worst EMI in the world

[JohnnyDoe]

Accepted a P2P transaction. Maybe the other guy was high risk and they decided to take down two birds with one stone.

P2P is not acceptable, like with most EMIs.

 

[yngmind]

Mercury was good, but they were requesting information from me almost every week. I used them for over a year, but my account was eventually shut down. They gave me 30 days to withdraw my funds and download statements.

 

[rss]

Mercury was good, but they were requesting information from me almost every week. I used them for over a year, but my account was eventually shut down. They gave me 30 days to withdraw my funds and download statements.

What kind of info? Can you go into more specific details? Thx

 

[yngmind]

What kind of info? Can you go into more specific details? Thx

ID verification
Proof of domain ownership
Business operations clarification
Source of Funds
U.S. Operations:

They were asking the same stuff every other week.

 

[Forester]

Accepted a P2P transaction. Maybe the other guy was high risk and they decided to take down two birds with one stone.

P2P is not acceptable, like with most EMIs.

Yeah. In addition, Zen has gone really crazy last time, as most of the LT EMIs – due to that LT regulator has gone crazy.

ID verification
Proof of domain ownership
Business operations clarification
Source of Funds
U.S. Operations:

They were asking the same stuff every other week.

OMG.
R.I.P. Mercury.

 

[rss]

ID verification
Proof of domain ownership
Business operations clarification
Source of Funds
U.S. Operations:

They were asking the same stuff every other week.

Makes sense. I’m guessing you didn’t have US operations (?)

 

[Forester]

Makes sense. I’m guessing you didn’t have US operations (?)

Even when, asking for the same stuff every other week does not make much sense, with all due respect...

 

[rss]

Even when, asking for the same stuff every other week does not make much sense, with all due respect...

I agree but we don’t know what he was submitting every week…

I kept the ball rolling like this with binance for over a year, just kept feeding them bs over and over again

 

[yngmind]

Makes sense. I’m guessing you didn’t have US operations (?)

I did

 

[avalanche]

Even when, asking for the same stuff every other week does not make much sense, with all due respect...

For them its a day job to ask this stuff, so they cant understand that you have other things to do in your life.

 

[Alexmorgan]

Mercury was good, but they were requesting information from me almost every week. I used them for over a year, but my account was eventually shut down. They gave me 30 days to withdraw my funds and download statements.

Thats the good in them

They give you a chance to take out your money

 

[avalanche]

Thats the good in them

They give you a chance to take out your money

Even Wise offers that

 

[SilverNeo]

Even Wise offers that

No, they offer this on paper they will say X amount of days and you won't have it and then you complain to the regulator and provide your evidence and then after a few months you will finally get your money back.

 

[Primat2024]

I agree but we don’t know what he was submitting every week…

I kept the ball rolling like this with binance for over a year, just kept feeding them bs over and over again

why would someone do that if he want an account with mercury?

 

[avalanche]

No, they offer this on paper they will say X amount of days and you won't have it and then you complain to the regulator and provide your evidence and then after a few months you will finally get your money back.

In my case they did offer 1 month. I guess it depends on the reason for termination. But then I appealed and recovered the account

 

[forward]

Anyone heard anything about / used Anna? Looking for reviews.

did anyone used anna for UK LTD incorporation services & accounting ?

 

[Jeanvaljean]

Doh! Sorry: www.anna.money

I used Anna , their fees a lil high but easy to open an account with them

 

[avalanche]

I used Anna , their fees a lil high but easy to open an account with them

Dont you need to be UK resident for it? And if you do, whats the point compared to normal banks

 

[forward]

Dont you need to be UK resident for it? And if you do, whats the point compared to normal banks

risk tolerance & non-res UK UBO, plus the certain business types. but there are plenty of emi's on the market

 

[Houdini]

Doh! Sorry: www.anna.money

It seems like a very smart service, banking, bookkeeping, tax reporting, and more all in one.

But can they really be good at everything? For a UK LTD that’s more or less just a shell, I can imagine it being the perfect match and very useful.