Any BANKERA feedback?

[Gediminas]

Bankera is only a brand name. They work under the Pervesk license and its infrastructure.‌ The license is shared under the agency agreement. Bankera is officially a registered agent of‍ Pervesk. It doesn't need a separate license, because they operate under Pervesk license.

 

[Sols]

My post history will show I've⁠ been openly critical of @Gediminas where I've found it to be justified, but you just⁤ look silly here. You can clearly see that Bankera is authorised as an intermediary by⁣ going here: https://www.lb.lt/en/sfi-financial-market-participants//uab-pervesk and clicking "Intermediaries" or by going directly here: Era Finance Ltd

 

[Spinat]

I second what @Sols say he almost raped @Gediminas and any other service provider that‌ showe up on the forum here in the past! The words in his posts comes‍ to an suprised, it almost looks like he got paid to say so ja334¤¤#

 

[kuvalda204]

Thanks guys for all your comments.

Now it looks like this:
1. Bankera does not‌ own any financial license and can only register customers into another institution (see their customer‍ agreement published at their website: "The Agent is a registered agent of the Institution which⁠ is authorized to act on behalf of the Institution in order to create legal relations⁤ with the Clients.")
2. Bankera is not legally authorized to provide ANY services to the⁣ customers except the above. All the actual services are provided by Pervesk UAB.
3. Any⁢ Bankera's attempts to promote accounts opening and banking services as being _provided by_ Bankera -︀ are strictly illegal, unless this company and brand are owned by Pervesk (which is not︁ what we can see in registries). Customer must be informed that the services is actually︂ provided by another legal entity, and this is not duly done.
4. There's no point︃ in any interaction with Bankera as it's an offshore company which is not regulated or︄ supervised by a financial authority, and has no responsibility for your money.
5. Any loss︅ of funds and misleading advertisement itself can (and must be!) reported here: Settle a dispute︆ with a financial service provider

I hope that the users here are smart enough to︇ make decisions based on the facts and other users experience but not based on sales︈ people pitches.

 

[Konstanz]

Your comments make no sense.
Bankera provides services︇ under Pervesk EMI license.
Many other EMIs are doing this too. You can build your︈ brand name and buy Whitelabel solution from Pervesk and promote and provide services under their︉ license/infrastructure.
It's totally legal and very common practice in this industry. For example, many known︊ prepaid card programs don't have their own license or own cards, they have agency agreements︋ with other EMI's and distribute these cards in the name on the issuer EMI.
Also, customers are informed about this. It's clearly stated on Bankera website and in the agreements︌ you have read!
I am sorry but your claims now seem like trolling!

 

[sullyferdinand]

should their compliance team work for free and review your application?
the review fee︁ is non refundable as per their website. if a bank or emi rejects you, why︂ do you expect them to return the application fees?
i do not see a scam,︃ probably just shitty service

 

[rewindghost]

The problem is they are advertising SWIFT⁤ support all over the internet when they dont have! For example this is from their⁣ twitter account (14th april):
“Bankera started opening accounts for business clients to offer them #SEPA⁢ and #SWIFT payments. Sign up and open your Business Account at Bankera today! #BusinessAccounts #FinTech︀ #finance #Bankera”

Also, their compliance team could get their salary from the company’s operating income︁ like other companies do (TW, Revolut, etc)..

 

[AMD]

says who ? - sorry but I‌ need to know this

 

[Gediminas]

Says common sense. Just do your research about this company group.

 

[sullyferdinand]

in that case, it is really misleading
I cant understand why⁢ some users here keep pushing and comenting pervesk pervesk pervesk like robots and defending them︀ like this is his father's company....

for the compliance part, pervesk its not the only︁ one that will charge for the application
many other emi and also banks work like︂ that

 

[jayminho]

i believe when MT had its temporarily offline service⁤ due to the 200k fine imposed to them , a lot of mt clients were⁣ looking for alternatives, bankera noticed this, and capitalized on it by placing ads matching the⁢ word "mistertango" on google. thats it. as I sad, "I BELIEVE" that is the connection.︀ nothing obscure about it. just business!!

 

[jayminho]

i liked the explanation. it makes sense. even︀ namely speaking, its a more westernized word. "BANKERA" so it makes all perfect sense for︁ me, from a marketing perspective.

 

[lory]

Does anyone else have a good or bad experience with BANKERA?

I also want to‌ ask how much documents do you need to open a BANKERA account, where is the‍ account located / country and what bank?

 

[Gediminas]

Documents required for⁠ corporate accounts:

1. Certified copy of the certificate of incorporation or an extract from the⁤ Register of Commerce (not older than 6 months);

2. Certified copy of the memorandum and⁣ articles of association (certified at least less than a year ago);

3. Certified copy of⁢ the Company’s Register of Directors and Register of Shareholders (not older than 6 months). Do︀ note that, if the information is available on the extract from the register of commerce︁ (or similar), it does not have to be sent as a separate document;

4. Certified︂ copy of a valid identification document (passport/ID) of each beneficial owner. Beneficial owners are individuals︃ that own (or in other way hold ultimate decision power) directly or indirectly (e.g., through︄ a legal entity) 25% or more of the company.

5. A signed copy of the︅ Company’s shareholder structure. This is required only for customers that are controlled by other legal︆ entities. If the company is owned and controlled by individuals directly, an explanation of this︇ is sufficient.

Please note that documents listed from 1 to 4 will only be accepted︈ if they are officially notarized or apostilled and translated into English. Documents can be accepted︉ without an apostille if they are available publicly and in English from official sources and︊ can be made available to Pervesk. In such a case, you must obtain copies of︋ the documents, sign them and include the links to said official sources for Pervesk to︌ verify them.

Keep in mind they might ask for additional documents while onboarding.

 

[exprtadvisrdev]

Well I will post my current feedback here, first of all as I have mentioned‌ many times in other posts I'm not a big fish so I think my experiences‍ won't apply for people willing to move millions in any EMI... Now let's talk.

I have been using Bankera for a couple of months always holding around 10k each month⁠ in the account, I have used it to withdraw some funds from my broker and⁤ another EMI. It's been used almost as a transaction account and I have not moved⁣ too much money there because they say the limit of funds transactions in my account⁢ is 10k per month (they also offer to increase it but since I'm ok with︀ that number at this moment I don't have issues).

I also find some of the︁ claims in this thread a little silly, I mean... Answers of most of the questions︂ are easily find on their site or even talking with their CS team (which to︃ be honest is fast to respond) and yes there are people in this world which︄ their only options is banking with EMIs or banana republic banks since not everybody has︅ the luck to born with a good passport. I think some of the post are︆ kind of trolling like

About how safe is the money I don't have any idea︇ but to be honest I don't feel my money will be safe in any other︈ place than in my hardware wallet (and I know is not completely safe there either),︉ I opened the account because I don't have many choices (I can't even open a︊ good bank account in the country I'm living) and I like to move my money︋ spread different countries and places (it's safe to diversify) because I have experienced frozen funds︌ in Paypal, money stuck in TW, failing banks in Panama, money lost in Venezuela, etc.︍

I have only used the IBAN service since I knew they didn't have SWIFT yet︎ (it's easy to deduct that since in their fees pages they don't mentioned it) and️ so far it has worked well.

I will update or create a thread with a‌ full review of their service in a couple of months. BTW I not using the‍ account for anything "shady" or for business stuff, it's just part of my savings being⁠ moved from one place to another so I can't tell if anyone will be able⁤ to move a lot of money without issues.

Maybe in the future I will try⁣ to open an account for my business.

 

[Back2Matters]

I had a chat with support right now, they still have no ETA for mobile‌ app.

 

[Gediminas]

Well, it should come out in a 3-6 month‍ time. 😉

 

[volcanotnt]

Video review about "Bankera" Aug 1, 2020




@Gediminas can you comment on your opinion, what‌ you think about that? You still, believe and guaranteed in Bankera?

 

[Gediminas]

Why do you think it's a review? I watched it some time ago. Feels⁠ like a bulls**t about nothing actually. Mr Malinauskas (the vlogger) used the name of TonyG⁤ and Bankera to get exposure for himself, nothing more.

Bankera is one of the best⁣ EMI's on the market. Period.

 

[kkein]

i searched each of the 4 pages of the thread here for "CRS" and found‌ nothing.
So, not sure if it has been answered before, but does Bankera do CRS‍ reporting?