Seeking Crypto-Friendly Multi-Currency Bank for US LLC (Foreign-Owned Disregarded Entity)

[Bimbawi]

Hi,


I’m looking for a crypto-friendly multi-currency bank account for a US LLC that is foreign-owned and classified as a disregarded entity (with no nexus or other presence in the US).


By “crypto-friendly,” I don’t mean that the business is directly involved in crypto trading, but rather that we need to transfer fiat to a crypto exchange to buy USDC for paying suppliers and to avoid high fees.


So far, I haven’t found any bank willing to support this. Most of them prohibit any crypto-related activity entirely, including Wise, Airwallex, Payoneer, Volopay, and many others.


Revolut has rejected my application because I previously had a personal account with them that was terminated, which appears to have resulted in a general ban preventing me from signing up again even with my Company.


Any advice or recommendations for banks that might work in this scenario would be greatly appreciated.


Thanks!

 

[CyprusLawyer101]

What is the business environment?

 

[Bimbawi]

We sell retail goods through‌ our website, eBay, Amazon, and similar platforms.

 

[providenceventurer]

Why not partner up with someone who can pay you back in crypto?‌

 

[Bimbawi]

How do people even find such individuals?

It sounds pretty risky to‍ me,and to the banks,since I’d be helping someone who might be involved in illegitimate activities⁠ convert crypto into euros. That’s a serious issue for me because I’m afraid of losing⁤ access to my bank accounts.
But ultimately, it’s the system itself that’s to blame if⁣ people feel forced to take such routes, simply because the legal and official options aren’t⁢ available.