EMI or Bank called Unlimit

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AdH

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Jan 13, 2023
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Does anyone know or have worked with a banking entity or emi called Unlimit ?? They seems to be joined also to Unlimit Bass.
They says they have 11 locations in Europe, Africa, India, etc... with head office in London. Offer Iban Accounts, White Cards, etc.
Thanks in advance
 
AdH said:
Does anyone know or have worked with a banking entity or emi called Unlimit ?? They seems to be joined also to Unlimit Bass.
They says they have 11 locations in Europe, Africa, India, etc... with head office in London. Offer Iban Accounts, White Cards, etc.
Thanks in advance
Click to expand...
A Cypriot EMI. Seems not to be cheap. No personal experience.
Can you share what do you need? What is your goal?

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AdH said:
Does anyone know or have worked with a banking entity or emi called Unlimit ?? They seems to be joined also to Unlimit Bass.
They says they have 11 locations in Europe, Africa, India, etc... with head office in London. Offer Iban Accounts, White Cards, etc.
Thanks in advance
Click to expand...
Do they provide services for individuals?
 
They used to be called Cardpay and focused on payment processing. At some point they rebranded to Unlimint.

Cardpay/Unlimint is Russian and most of their clientele is Russian/CIS as well. Aside from that customer segment, they mainly service desperate clients that can't struggle even with other high-risk EMIs.

Their products and services are mediocre. There are better options, but there are worse.

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This is the probably the answer to your question.
 
SkyWallet said:
Do they provide services for individuals?
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As far as I understand, no. (But you can ask them. They seem to be accustomed to tailor-made solutions.)

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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...
 
Forester said:
A Cypriot EMI. Seems not to be cheap. No personal experience.
Can you share what do you need? What is your goal?
Click to expand...
I am looking for a client of us, for an institution who permit our client, to:
- open IBAN accounts
- to receive payments with cards and transfers
- to have the possibility to issue debit cards, with their brand
- all in one platform
 
IMO they are a Russian laundromat with idiotic kyc questionnaire. The on-boarding team is clueless and ended up rejecting a legit and clean EU based business (which holds bank accounts at several mainstream banks/emis).
 
They have their purpose and they work.

I know a distant friend who needed a Cypriot IBAN for his business and only could open it remotely and it had to be quick. His only options were Bank of Cyprus IBU (they can open remote) and Unlimit.

I think he paid in total 700€ to open quick and remotely with Unlimit and it was worth it for him. I think monthly costs are also in the 50-80€ per month range. As other people say Unlimit is not super good nor super bad. They are legit.
 
So far, transactions larger than 10k - it works. I'll provide updates if any issues arise.
 
forward said:
So far, transactions larger than 10k - it works. I'll provide updates if any issues arise.
Click to expand...
How many of such transactions have you done?
avalanche said:
Same here
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only by contact form / e-mail or also by phone ?

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If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability!
My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.
 
Very good EMI. Able to make 6 figures transactions in SEPA. Good support with personal manager. You need to be introduced to open account. It was free in my case, but it's a private contact that I'm not able to share.
Personal account fee is 10 eur per month, also fees per transaction.
Afaik you can't open personal account without introduction, maybe for company account chances are higher.
 
I know the founder quite well, and Unlimit is very reliable. It's actually a bank with proper banking license, not an EMI
 
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