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And here the provider that you are talking here may indicate payout partners or other companies providing sub-account and do remit the money on behalf of us charging a small fee ? Thanks

Thanks for your supportive advises all the time :) I understood what you are talking about. But what about we will be only dealing with businesses (only B2B business) with all the supporting documents like invoices and investment documents ? then the likelihood of us being scrutinised by the...

Thanks again for your comments Maritin, I have thought of the later one to be honest. For example, If i had an account (HKD account ) with one Hong Kong bank which has corespondent bank account network with for example Thailand, then my client in Thailand who has his local currency with him...

I do really appreciate your reply. The one important thing that i have not shared is that we already have pinpointed partners who will onboard to our remittance platform right away. We are not looking to compete with those digital remittance players in Asia. We are looking to build up the...

Hello Folks. Thanks for all the contents and valuation information here. My friend and I have been thinking of starting a small remittance business which would heavily focus on Asian clients. We do already have a lot of partners who have many customers looking to convert their own currencies (...

Two entities with Mauritius and Vanuatu brokerage licenses.

Hi Forum. I do always appreciate all the valuable advises and contents. My friend has an offshore Forex company and asked me how to get a bank account ( with merchant account ). His forex trading company also deals with crypto-currency trading as well. I know Mistertango is a really good option...

From my experience, there will no HK bank allowing you to open the account without visiting. Even if so, there is a high chance of the account being shut down. You need to find a reliable partners who have an Asian-extensive bank network.

I do really appropriate your help. Yes - I have been thinking of starting a small payment institution coming years and looking for the best option that suits to my situation. Because of my tight budget, I have been eyeing for getting an offshore PSP licences such as Georgia and Mauritius. I have...

I have seen a few of postings here regarding EMI white label providers such as Pervesk. I am wondering if it can be a really good option for who would like to start the small-size EMI business. Can anyone share one's own experience leveraging the EMII white label solution rather than obtaining...

Your similar set up will very differ from my business in that more organised and legally structured acting banking role a like. Sure it's really pain in finding bank or EMI dealing with domestic RMB.

My business is co-working with some of reliable partners in China and think can aid in your type of transaction,

I, myself have got a solution for this if your monthly transaction volume is in line with my requirement.

But are you looking to transfer your USD from your corporate account or personal account to each of supplier' personal account ?

Yes but i do have some options. But let me clarify first; are you looking to do the transaction every week 20,000 Euro ?

Which country are you looking to transfer fund to China from ?

I meant can i take it as a scam ? Thanks

Are you still looking for the solution ? If so, please reply to my post.

I am sure that you can possibly find a good money changer who can take RMB/CNY yet offer you a competitive fees in Asia. Last edited: Jul 6, 2020

Thanks for your comment and exactly you have got my point. So you mean that it's not possible legally and does not make sense at all right ?