Vanuatu company with FDL License

[Lejla]

Hello everyone! Does anybody have the experience with opening an EU bank account for Vanuatu incorporated company which has Financial Dealers License? It could be EMI also, but within EU jurisdiction.

 

[Mark Rucken]

If the owner is an EU resident, then maybe MisterTango, if not ... nowhere.

 

[MrTony]

Vanuatu at the list of Unsupported countries at MisterTango.

You can try next EMI's - ePayments, Moneynetint, Europay.

 

[Lejla]

Thank you! Moneynetint - I have been trying for 2.5 months already, and it seems like an endless endeavor. New documents over and over again. I don't say it's impossible, but it is certainly exhausting. I will check ePayments and Europay. Thank you!

 

[MrTony]

Heard about such problems with Moneynetint.
Europay has very high fees, but anyway, this is some kind of exit for Vanuatu company.
I think ePayments will be the best decision for you if you pass compliance.

 

[Lejla]

Thank you!! I'll let you how it worked.

 

[Lejla]

Europay fees are really high, but if it's solution, it's solution

 

[Lejla]

Just to let you know that Europayz are not opening accounts for Vanuatu companies and if I incorporate the partner UK company, the fee for opening would be 5.000 eur....Nice, a?

 

[MrTony]

OMG. Fees are incredible. For this money you able to open a bank account at Kazakhstan or Kyrgyzstan and it will be a usual bank account with USD, EUR, cards. Or set up representative office at Mongolia or Serbia and open account there.

As to EMIs - how is going with ePayments and Moneynetint?
Also, you may apply to Bilderlings or Moneta-International with your license, but I don't know about their attitude to Vanuatu.

 

[Lejla]

Epayments, I am waiting for the answers....as well for MoneynetInt. Bilderlings, they are not open for offshore companies. I will try today Moneta....Thank you Mr Tony!