Recent content by kriyazen

This will effect 50+ EMI who used Payrnet as their provider. e. g, Wamo. At the moment funds are safeguarded in properly designated accounts at the Bank of Lithuania. The Bank of Lithuania website has published more information about this decision here...

I heard the UAE government is in favor of crypto. As for the license, well we all know what happened to Wise :)

I am a resident of the UAE and have a Wise account for my UK and EE companies. All went well for two years with no issues. Last month I transferred EUR 5k from my UAE FZE LTD's bank account as a salary to my Wise personal account. I got an email from Wise asking loads of crap, e. g. what I do...

Thanks Fred as always. Good to know

IMHO UAE just needs the money. By the way for an FZ company, to my knowledge, at least a hot desk space is always required. Unless it is some sort of "Offshore" FZ company, good luck to open a bank account with that.

Mashreq Neo - After opening AED account (Personal), you could instantly open foreign currency account in EUR/USD etc. Not sure if this is still possible. They delivered the debit card using fetchr. Emirates ID card required though.

There are "consultants" in the UAE who can help create "substance/presence" and open bank account. In my case, the FZ (not RAK, though) hooked me up. I'd try to ask in the FZ.

Hey, I have dual citizenship ZA and tax residency in the UAE.

Does any of you friendly people know of any EMI that excepts UAE FZ LLC and preferably issues debit cards in Euro? In a nutshell, I'm looking for a Wise Boadersless Business or Revolut Business copycat where I could hold and transact in multiple currencies. Thank you!

I gave them a Transferwise statement and proof of account and they paid out. It took +-48 hours maybe.

To proceed with the refund of your balance, please provide payment instructions for a bank wire transfer. A document confirming bank account ownership is essential and can be provided via ticket or email. The document must meet the following criteria: Must record the full name in which the...

If you really think it makes a difference. The amount was a few cents EUR 500. Plain simple, got an email from ePayments We are delighted to inform you that you will now be able to withdraw your funds in full to an account in your company's name with another institution. Following the...

It was for a business a UK LTD. ePayments paid out to my business account. I had to send proof that the receiving account is in the same name as the ePayments account.

ePayments is now paying out monies. I got my $$$ out last week.

For a business bank account opening, you go to the bank or the BRM will visit you in your hotel/apartment. The business relationship manager also calls me every 3 months asking if all is ok trying to sell something. I do everything online, international wires, local transfers, additional account...