FCA licensed securities brokerage needing EU bank account

[offshorefxfirm]

Hello,

Just as the title says, we have a UK FCA licensed brokerage that has been around for over 5 years by now. We have been having UK banks close our accounts because of changing "risk" appetites, leading to only having one account open. We are looking for at least one more UK or EU bank that would support our business. We are not looking for segregated funds accounts, we are just looking for an additional operational account. Any pointers or assistance is appreciated. EMIs are not accepted.

Best regards

 

[JohnLocke]

Check with Frick Bank Germany, CIM Bank Swiss and Dukascopy.

And there are a lot real banks here
https://www.offshorecorptalk.com/re...k-account-banks-and-financial-institutions.3/

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[Martin Everson]

You can also try BFC Bank and also LHV Bank in UK. But de-risking by banks is a big problem in general across many business types these days.

Being FCA regulated definitely helps but if majority company of management don't all reside in UK then very little chance with banks these days.

Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[offshorefxfirm]

Admin said:
Check with Frick Bank Germany, CIM Bank Swiss and Dukascopy.

And there are a lot real banks here
https://www.offshorecorptalk.com/re...k-account-banks-and-financial-institutions.3/
Click to expand...

CIM and Frick both said no, but will try Dukascopy

Majority shareholder and CEO reside in the UK, minority shareholder resides in another country (non-EEA). Physical operations in the UK, with compliance also in the UK.