Looking for an EMI for US company

[xxxmb]

At the moment my US company has a US bank account, but I'd like to receive EUR payments in a EURO IBAN if possible to lower the wire fees.

I've already got an account with Transferwise for another company and can't open another one.

As far as I can see revolut/N26 don't accept US clients. The only one I've found so far is epayments, but would love other recommendations.

 

[dvm]

xxxmb said:
I've already got an account with Transferwise for another company and can't open another one.
Click to expand...

Don't they allow to have business accounts for multiple companies having the same owner?

 

[UScorp]

Hello
Try www.paysera.com they will Open an Accounts For US Corps

 

[niggashit]

Give this try Virtual IBAN Accounts | Multi-Currency IBAN | Banking Circle

 

[Samuel Newman]

xxxmb said:
At the moment my US company has a US bank account, but I'd like to receive EUR payments in a EURO IBAN if possible to lower the wire fees.

I've already got an account with Transferwise for another company and can't open another one.

As far as I can see revolut/N26 don't accept US clients. The only one I've found so far is epayments, but would love other recommendations.
Click to expand...

you may try Payoneer

 

[fshore]

dvm said:
Don't they allow to have business accounts for multiple companies having the same owner?
Click to expand...

They do allow several company accounts. Email support to set it up.
Not sure if they accept US companies though.

 

[Samuel Newman]

fshore said:
They do allow several company accounts. Email support to set it up.
Not sure if they accept US companies though.
Click to expand...

Transferwise accepts US for sure

 

[dvm]

UScorp said:
Hello
Try www.paysera.com they will Open an Accounts For US Corps
Click to expand...

Do you have a direct experience with them? As far as I understood from communication with their support, they require a link to an official public record of a company, which would explain director/shareholder structure. What is that?

 

[UScorp]

Yes i have several accounts with them. You usually start with a personal account and add the corp accounts later, which is very easy. I opened accounts for US / UK / IE /HK companies. A link is not required ,you need to upload the company docs .

 

[Samuel Newman]

dvm said:
Do you have a direct experience with them? As far as I understood from communication with their support, they require a link to an official public record of a company, which would explain director/shareholder structure. What is that?
Click to expand...

You may ask your agent to prepare incumbency certificate with apostille if your company is incorporated in state, which has no public registry

 

[mrau]

UScorp said:
Yes i have several accounts with them. You usually start with a personal account and add the corp accounts later, which is very easy. I opened accounts for US / UK / IE /HK companies. A link is not required ,you need to upload the company docs .
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Hi @UScorp , Does Paysera provide unique IBAN able to receive SWIFT transfers? Or their unique IBAN is just for SEPA payments and you have to use their pool account (under their name) for SWIFT wires?

 

[UniversalMan]

UScorp said:
Yes i have several accounts with them. You usually start with a personal account and add the corp accounts later, which is very easy. I opened accounts for US / UK / IE /HK companies. A link is not required ,you need to upload the company docs .
Click to expand...

I have an active personal account with them , and they sad they don't open borderless accounts for HK company

 

[UScorp]

Well I have an account for my HK corp since 2017 , maybe their policy changed. They provide a unique IBAN for each account and a VISA card as well. So far i haven't any problems with SEPA transactions only payments into the account from non-sepa seems to be a problem as the funds are send via correspondence banks.

 

[mrau]

UScorp said:
Well I have an account for my HK corp since 2017 , maybe their policy changed. They provide a unique IBAN for each account and a VISA card as well. So far i haven't any problems with SEPA transactions only payments into the account from non-sepa seems to be a problem as the funds are send via correspondence banks.
Click to expand...

Thanks @UScorp . For transfers from outside sepa (swift), Is it possible to receive using your unique IBAN under your name (or your company's) or the sender must remit the payment to a an account in Paysera's name and add the final beneficiary details in a "payment reference/details" field?

 

[UScorp]

no the sender is using the dedicated IBAN but -odd- you need to notify Paysera about an incoming transfer , Besides this the account is working very well- at least with Sepa payments and the fees are reasonable

 

[niggashit]

xxxmb said:
At the moment my US company has a US bank account, but I'd like to receive EUR payments in a EURO IBAN if possible to lower the wire fees.

I've already got an account with Transferwise for another company and can't open another one.

As far as I can see revolut/N26 don't accept US clients. The only one I've found so far is epayments, but would love other recommendations.
Click to expand...

Which bank are you bank with? Most US bankers offer correspondent account opening at Euro banks. They have referral services.

Don't go with EMI's. I save your life.

 

[niggashit]

Merrill LynchPNC
Wells Fargo

These three banks offer Remote account opening at International Banks world wide. You have to schedule appointment with business banker.