Unique registration address in Scotland

[Serni]

Hello to everyone!
I've just got a request from my bank (CIM) to change the registration address of my Scotland LP to some address, which isn't such as popular as my current one.
Probably you could advise someone who could help me to solve this issue?
My current registration agent in Latvia gave me some offer with the ridiculous high price, so I am trying to find some alternative solution.
Thank you.

 

[Garret Gates]

The same situation. These issues created by USD correspondent bank, which detected the most of company legal address are the same for the most of companies. Anyway if your base currency is EUR, you can ignore it.

 

[Serni]

The same situation. These issues created by USD correspondent bank, which detected the most of company legal address are the same for the most of companies. Anyway if your base currency is EUR, you can ignore it.

Yes, my only concern is the sudden deny of euro payments if some other correspondent euro bank will suddenly stop euro payments for CIM by the same reason.

 

[Garret Gates]

Yes, my only concern is the sudden deny of euro payments if some other correspondent euro bank will suddenly stop euro payments for CIM by the same reason.

I don’t think so, if only ECB revoke license, so this will be global s**t ‍

 

[Garret Gates]

Updates: No need to register another UK legal address. CIM Bank stoped to executive any USD in/out payment for UK companies since today....pff :-/

 

[Serni]

Updates: No need to register another UK legal address. CIM Bank stoped to executive any USD in/out payment for UK companies since today....pff :-/

Interesting. So what is going on, how do you think?

 

[Garret Gates]

Interesting. So what is going on, how do you think?

As they told it’s up to USD correspondent bank(s) restrictions now, so if you want to process USD payments, you should redomicile company to another jurisdiction or leave as it is and use another currency: EUR/GBP/CHF and bla bla bla (not USD)