Altery

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JohnnyDoe

Schrödinger‘s guy
Jan 1, 2020
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johnnydoe.com
https://altery.com/
UK based EMI
In addition to IOS and Android app they offer a Telegram based account opening system. I tried it and all went smooth, nice idea and a first for me.

Updated: Monkey warning! See the subsequent posts.

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Last edited: Jan 13, 2025
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields

 
FYI, their audited accounts filed at the companies house show a tiny turnover and huge‌ losses of 4mln pounds for 2023.
 
On the other hand,‍ they are publishing their financials directly on their webpages. It counts. Very rare, if not⁠ unique among EMIs (some banks do it).
 
Account approved, I got a Eur GB IBAN with SEOUGB21. For USD you don't get a personal account but you must send to Altery's omnibus.
Crypto is accepted, but:

“Please note that after your first crypto transaction, SWIFT and Faster Paymentsservices will no longer be available. All other services will continue to work as usual.”

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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields

 
I see that their company was incorporated in 2009, and I found‍ this about their founder (no issue for nationality). If possible, please tell me about your⁠ experience.
 
Opened an account, everything went smoothly, thanks for sharing
 
Why are you after an account with this EMI, just for additional supply of the‌ list of EMI's or is there any particular reason ?
 
I opened one after seeing the post from‍ @JohnnyDoe and the verification came through in a similar timescale. Always good to have a⁠ few options in the back pocket. I've experienced ContoMobile, Bankera, iCard, Flow etc and all⁤ have a finite time of operation. I am also becoming more tiresome of the tedious⁣ Revolut hoops I have to jump through to just get a transfer executed when they⁢ decide the transaction is 'suspicious'. Tempted to leave them before (as someone else said) my︀ loyalty is rewarded with a closure!
 
Revolut once froze my account after I tried to send 200︀ pounds to our son, a student in London!! They asked for my ID, but they︁ already had it! Communication via webchat was a joke. I went ballistic and threatened to︂ report them for fraud, embezzlement and .... whatever I could think of at the time,︃ to the FCA and Lithuanian police. 😎 I received a grovelling apology and never had a︄ problem since. 99% of the time, Revolut is fine, but they do make silly mistakes,︅ like suddenly adding another country of tax residence to my personal details!
 
Please keep us all updated if anyone runs into any issues with this EMI. Thank‌ you for the insight!
 
I read the comment along the thread it don't read that there is anything wrong‌ with them, only they are not very known to people that is all.
 
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