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Correct - you are classified by default as a high-risk business given money laundering concerns and reluctance of high-street banks to serve their effective competitors. Even provisions in the PSD2 prohibiting discrimination of MSB's by the banks don't really work well. The fact you're regulated...

I've offered @Franciscorhp a non-onligatory consultation on this matter, so assume it'd be fair to say that I've not offered any services so far :)

What's your company ownership structure? Is it regulated in the UK or elsewhere in the EU? Is it regulated as an authorized payment institution (API) or rather registered as small payment institution (SPI)? If it is incorporated not in the UK, does it has passporting under PSD2 to the UK? Do you...

I won't question whether AdvCash + Darks work fine or not. However, please do bother to read carefully what OP has written in the original post. The question is related to the top up of account with debit card issued by Sri Lankan bank.

And how darks can help get through BIN restrictions for the particular region? No way...

Paxum is one of not so many options available for your occupation. While payouts from Onlyfans are generally OK for Paxum, my advice would be to channel donation/tribute payments through other venues like cryptocurrency or some sort of cryptovouchers that can be bought via CC, as otherwise you...

Off-topic: man, do you know how to use multiqoutes? You have 186 messages in less than a month...

Well, they have quite a lot of agents, so probably someone decided to alert them on what's happening on OCT :)

Forex licenses come with a catch - you'd need to deposit certain amount (from 50 to 700 k EUR) in order to obtain such license in any reputable (and even not-so-reputable jurisdiction). Advisory is usually an auxiliary activity to the main license, either STP (transmission of orders to master...

They are in fact being ran by former RIetumu executives :) HNWI = high net worth individual

Estonian cryptolicense setup is increasingly popular within gambling industry, as it allows to process deposits as purchase of cryptos. PM me if you'd be interested.

Well, given that EMI's former brand, Moneta International, was associated with serving high-risk customers, no surprises here. Funny enough, its current name Bruc + Bond sounds very similar to cheap packaged tea Brucke Bond, which is very popular in Russia :D

It's a proven scam - I - Account EMI

I don't think they would consider your application unless you're US resident/citizen.

I'd look at the Chanel Islands or Isle of Man for incorporation of the company and banking can be arranged with Liectenshtein-based bank. PM me if you would be interested :)

They've already found much more spots for money laundering in the mainland EU and the UK - it's pretty pointless to name each country. From my experience dealing with the permits for EMI's and PI's in countries like UK or Czech Republic, ownership and management of regulated companies by...

I don't think so. From what you've quoted it seems that they just want to distance in legal terms from their Russian consulting thinktank (and as a matter of a fact, those guys are Russians - I've seen their CEO on one of the crypto-related conferences). From the point of the group arrangements...

Well, there is no requirement for a video interview in AMLD5. There is a requirement for liveness biometric check in place, which is quite different from conducting an onboarding video interview.

I think that @Johnsnow wants that company to be more anonymous than it's allowed to discuss on public forum :cool:

A shell Dominica bank with bank license bought for some petty cash through corrupted local law firm - that's how things go in Dominica offshore banking sector, which is kind of a joke. When it comes to service level of Paxum Bank, they are not much interested in onboarding new clients through...