Someone know Zenus?
- Thread starter erni
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Zenus is live, I just got an invite from the waitlist. There are fees:
Incoming funds must be sent to a pooled account:
Intermediary Bank
PITA
- $50 non-refundable application fee
- $50 monthly fee
- $15 ACH payments
- $25 wire payments
Incoming funds must be sent to a pooled account:
Intermediary Bank
- Legal name: The Bank of New York Mellon
- Swift: IRVTUS3N
- ABA/Routing number: 021000018
- Address: 1 Wall Street, New York, NY 10286
- Legal name: Custom House Financial
- Account number: 8901309192
- Address: 12 Appold Street, London, EC2A 2AW
United Kingdom
- Legal name: Zenus Bank
- Account number: 52240LA
- Address: 252 Ponce de Leon, San Juan, PR, 00918
PITA
Looks like an interesting bank, fees are what’s I’d call sensible when you look at the fees of the other PR banks.
I’m not sure however on the route any funds would take looking at the above. How does CRS work if funds are passing through USA and UK to reach PR?
I’m not sure however on the route any funds would take looking at the above. How does CRS work if funds are passing through USA and UK to reach PR?
I made one trial deposit and withdrawal.
The pay in details are complicated due to FFC requirements and wire-only.
The pay in details are complicated due to FFC requirements and wire-only.
I use Zenus, it works well for me. No problems with money in and out.
Only annoyance is that you can't use a VPN and location must be turned on on your device.
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Only annoyance is that you can't use a VPN and location must be turned on on your device.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
No problem at all with Zenus and they even refunded the $50 application fee
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
WoW they are wroth to have a look into - what about CRS any chance they report or inform the tax man other way?
finally launched.
is it safe so far ? are the cards seen as US cards when making online purchases .how complicated/ simple the kyc procedure ?
is it safe so far ? are the cards seen as US cards when making online purchases .how complicated/ simple the kyc procedure ?
No problems so far. KYC was easy. A few extra questions about source of funds when money came in, but all very reasonable and no frozen funds.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
Hello, when you send funds from Zenus to another bank do they result as sent from your account name, or do they use an intermediary like "Custom House Financial" as like when you send funds?
Hi does anyone know if I open account with such bank and get virtual or physical debit card will it have US billing address on it?
I want to use the card to make online payments in US stores like walmart, target, my european card is getting declined there
I tried to call them or email but no reply, phone number doesn't work
I want to use the card to make online payments in US stores like walmart, target, my european card is getting declined there
I tried to call them or email but no reply, phone number doesn't work
I gave them a virtual office US address, no problem at all.
Btw, they started to ask questions about outcoming wires. Maybe because I sent money to the Bahamas, I don't know. Anyway after a few papers and photos they were satisfied (I purchased some building materials).
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
No they didn't. The virtual office address corresponds to the company's registered address though.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
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