Business debit card for South Korean resident with UK company

[Nishizawa]

I'm looking for an EMI that issues a debit card for offshore UK LTD. However, there seems to be little choice nowdays except for EEA residents or reputable asian countries like Japan or Hong Kong.

At first, I considered Paysera, but I heard that they started blocking the Korean citizens from this year.

For tax payment and other things, I prefer to get a debit card with account. Can someone recommend an alternative?

 

[TheCryptoAnt]

Wise?

 

[Nishizawa]

TheCryptoAnt said:
Wise?
Click to expand...

They don't issue card to Korean.

 

[Gediminas]

Nishizawa said:
I'm looking for an EMI that issues a debit card for offshore UK LTD. However, there seems to be little choice nowdays except for EEA residents or reputable asian countries like Japan or Hong Kong.

At first, I considered Paysera, but I heard that they started blocking the Korean citizens from this year.

For tax payment and other things, I prefer to get a debit card with account. Can someone recommend an alternative?
Click to expand...

Hey,

Send me an email, I might be able to help you with that.

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https://locked.money - Your Crypto Management Company, Ready in Days ”“ Trade, Invoice, $1,200/Year!

 

[Forester]

Nishizawa said:
I'm looking for an EMI that issues a debit card for offshore UK LTD. However, there seems to be little choice nowdays except for EEA residents or reputable asian countries like Japan or Hong Kong.

At first, I considered Paysera, but I heard that they started blocking the Korean citizens from this year.

For tax payment and other things, I prefer to get a debit card with account. Can someone recommend an alternative?
Click to expand...

Airwallex.
(At least, I hope that South Korean director/UBO is not a problem for them. South Korean companies they onboard as well as the UK ones. Their application processing seems to be a little bit slow in these days, in some cases, but it need not be a major failure?)

Last edited: Aug 28, 2022
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...

 

[overnbeyond]

Nishizawa said:
I'm looking for an EMI that issues a debit card for offshore UK LTD. However, there seems to be little choice nowdays except for EEA residents or reputable asian countries like Japan or Hong Kong.

At first, I considered Paysera, but I heard that they started blocking the Korean citizens from this year.

For tax payment and other things, I prefer to get a debit card with account. Can someone recommend an alternative?
Click to expand...

Working closely with a few UK EMIs and high-risk nationals can help with onboarding.
Daily load limit - 20,000 eur
Monthly load limit - 40,000 eur
ATM - Max value per day = 2,500 eur

 

[Forester]

overnbeyond said:
Working closely with a few UK EMIs and high-risk nationals can help with onboarding.
Daily load limit - 20,000 eur
Monthly load limit - 40,000 eur
ATM - Max value per day = 2,500 eur
Click to expand...

Could you share what UK EMIs you are working with? (Feel free to PM me if you do not want to/cannot do it publicly.)
BTW, do UK EMIs really consider South Korea as “high-risk“? (Not to accept/work with some regions and to consider it as high-risk are two different cases, IMO.)

Last edited: Aug 28, 2022
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...

 

[overnbeyond]

Forester said:
Could you share what UK EMIs you are working with? (Feel free to PM me if you do not want to/cannot do it publicly.)
BTW, do UK EMIs really consider South Korea as “high-risk“? (Not to accept/work with some regions and to consider it as high-risk are two different cases, IMO.)
Click to expand...

will send you a PM
South Korea is not under Schedule 3ZA high-risk countries in the UK - generally speaking, we help to onboard high-risk nationals with UK EMIs

 

[Forester]

overnbeyond said:
will send you a PM
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Thanks.

overnbeyond said:
South Korea is not under Schedule 3ZA high-risk countries in the UK
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I was thinking so ”“ but as I do not consider myself to be perfectly oriented in this, I asked 🙂

overnbeyond said:
- generally speaking, we help to onboard high-risk nationals with UK EMIs
Click to expand...

Well understandable. Thanks for the clarification.

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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂

If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...

 

[X0t0]

haha banking in korea is a nightmare for me . i had to open a bank account and 4 branches 2 different banks didn't accept my request and they request many documents. i ended up applying.

i think payonner is the best option , get the EURO card is a Debit Card even they say it's prepaid the BIN Showing it's DEBIT CARD
or tried TIDE bank if they accept it since they have hard KYC