Anyone can do Service/partner agreement[s]/ with my Cyprus company (bank requirement)

rbmail

New Member
Feb 21, 2020
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0
161
Hello,

I'm trying to open account with lot of Banks in last 5 months but all of them are asking for Service/Partner agreement.

Anyone can help me with this? I can pay for that.

Regards,

RB
 
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Open a UK LLP and then you can get access to a lot more EMI's.
Plus you can Try Bankera/Pervesk, Revolut, TransferWise and Bunq under your current company set up.
 
thirtyniner said:
What is partner agreement meant to be?
Click to expand...

To be honest i don't know but every EMI/Bank request this, i'm frustrated because I can't open a bank account for my company.

Sols said:
Who are the partners? What does the Cyprus company do for the partner?
Click to expand...


I think it's the customers, what they don't understand is that the business is not established and I can't have customers if I have no way of receiving payments ... it's ridiculous.
 
CaptK said:
Open a UK LLP and then you can get access to a lot more EMI's.
Plus you can Try Bankera/Pervesk, Revolut, TransferWise and Bunq under your current company set up.
Click to expand...

I'm trying Bankera, but is the same process :

"Please provide copies of agreements with main business partners (confidential information can be hidden)."

😡
 
I would suggest an LLP then to at least get the business started then move back to your original company when you can prove business.
Or set it up as purely consultant company but they don't like your company or business model for some reason.
 
rbmail said:
I think it's the customers, what they don't understand is that the business is not established and I can't have customers if I have no way of receiving payments ... it's ridiculous.
Click to expand...
Have you explained that to them? If you're not trading yet, the most reasonable answer to that request is that you will provide agreements as soon as you sign them once the business is active.

If that's what this is all about, then I don't see how it's a problem. I've opened accounts with banks and EMIs for new companies, with the understanding that it's not trading yet and will provide copies of invoices and agreements in the future.

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