UBO is From asia My business is Software Service no crypto high risk categroy per month volume is 25k to 40K euro but i dont know what is problme ?Only Zen knows.
If you keep getting rejected by banks and EMIs, the problem is you. There is something about you or your business that banks don't like.
Are you UK citizen and resident in the UK?
If you don't have any connection at all to Europe or UK, that might be why financial institutions are declining you. Or maybe the software services you offer are suspicious. Or it could be that the UBO appears on some warning lists.
Our most of IT clients from EU and Our software service are open but they dont have proper reseon to deny application also can you told me which best business they define as a low risk or no risk ?If you don't have any connection at all to Europe or UK, that might be why financial institutions are declining you. Or maybe the software services you offer are suspicious. Or it could be that the UBO appears on some warning lists.
There are hundreds of possibilities.
1) Be advised that software services are, unfortunately, in many cases taken as a high risk business by financial institutions. Reasons: the product is intangible and it is quite difficult to check e.g. what are the real costs of the production or what is a real value of the product... (Tax avoidance links are obvious.)Our most of IT clients from EU and Our software service are open but they dont have proper reseon to deny application also can you told me which best business they define as a low risk or no risk ?
thanks for kind answer how can i connect you any telegram skype ?Almost every operating EMI should accept you.
Subject to you as a person,- not in the sanctions list, not a PEP, not related to some positive worldcheck results on AML side.
Business wise also if business is in the high risk section that would be problematic.
To advise properly i would need some more details about business etc.
Thanks my brother respectMy main aim here is not to promote services or affiliate them.
for this case best are people like @Gediminas .
I am sharing my information for a couple reasons:
1. People who go same way might save time by reading the post and knowing something is not exactly the same they expect.
2. FIN sector is a web where you need to know which tool to use where. And this comes only by experience. Sharing is important.
So i wont be able to help you, try to read other threads and look what best suits your business model.
A more common occurrence I've experienced and seen is they take the application fee and just never respond. They don't even bother refusing the application. They just accept all the personal information and whatever the onboarding fee happens to be that week, and then ghost the applicant. In some cases, it takes months of occasional reminders for them to eventually reply. Communication is one Bankera's biggest problems.Thank you for your helpful response. Bankera also seems a bit suspicious because they block accounts without notice or reason, citing internal policies. Consequently, I'm avoiding Bankera due to additional fees of 450 GBP upon onboarding. Furthermore, if my application is rejected, my GBP won't be refunded, which seems unfair.
It's worth considering that Zen doesn't really have a referral program, while Pervesk will gladly hand out large commissions to referrers.Seriously, how can anyone trust the advice of an introducer who makes money on every client he brings to a bank?
A serious company should be able to handle its customers without the intercession of an introducer.