bank account for registered crypto business
- Thread starter PurpleBlack
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The key questions:
– Where is this business registered?
– Where is registered the company that is running the business; or where are you resident if you are running it in your own name?
Understandable
No, it's not.
Yes. (But their registration fees are not low;︁ and they take a half of fee upfront with no guarancy to be onboarded.)
Another possibilities (perhaps there are some) really depend on the answers to key questions above.
– Where is this business registered?
– Where is registered the company that is running the business; or where are you resident if you are running it in your own name?
Understandable
No, it's not.
Yes. (But their registration fees are not low;︁ and they take a half of fee upfront with no guarancy to be onboarded.)
Another possibilities (perhaps there are some) really depend on the answers to key questions above.
thank you for your reply,business is registered in european union country and we have a license to operate as a crypto exchange
for bankera ive︀ heard a lot and i dont mind paying thei registration fee if their service was︁ good but most of what ive heard is negative,im not an idiot to apply for︂ them and have it denied,losing 900 euro for no reason
for bankera ive︀ heard a lot and i dont mind paying thei registration fee if their service was︁ good but most of what ive heard is negative,im not an idiot to apply for︂ them and have it denied,losing 900 euro for no reason
Setup a EU company and approach Bank Frick which is the one Kraken use as well as other crypto exchanges. You may also look into what bank your competitors use, most often it is easy to find out and you can apply afterwards.
thank you again.my exchange will be a direct competitor to zen and nebeus,nebeus uses modulr and we are already in talks with modulr to integrate their service into our platform,modulr only supports eur and gbp tho so thats a problem,im pretty sure we will be able to grab a big share of their market and for that reason we cannot use them.any︀ idea if brick and mortar banks in eu would open an account for us online?︁
thank you.bank frick told me that we need at least 500k in︅ fiat to be able to use their service and the company is currently sitting on︆ approx 380k eur
thank you.bank frick told me that we need at least 500k in︅ fiat to be able to use their service and the company is currently sitting on︆ approx 380k eur
OK 🙂
Well, I do not know any details about your business project; but be advised that neither Nebeus nor Zen are just crypto exchanges. Yes, you can convert crypto to fiat there and vice versa but they also run a lot of another important business. I am not much familiar with Nebeus but as Zen is concerned, their primary businesses are payment operations, (fiat) FX and cards. So they might not perceive you as a direct competitor.
I understand.
See above. „I︂ do not have competitors. I have only potential business partners.” 🙂 (If you convince them that︃ you are bringing some business that is otherwise unreachable for them... why to refuse?)
In EU – no idea. Bank Frick LI, Seba or︅ perhaps Sygnum (but the onboarding there is really not easy) CH; as already advised...
Pretty expectable. With Seba or Sygnum you︇ can expect the same or more.
Well, in such a case you might have only︉ an option to start with some EMI like Nebeus/Zen/Intergiro and move forward later; or to︊ accumulate more capital....
Good shot!
Well, I do not know any details about your business project; but be advised that neither Nebeus nor Zen are just crypto exchanges. Yes, you can convert crypto to fiat there and vice versa but they also run a lot of another important business. I am not much familiar with Nebeus but as Zen is concerned, their primary businesses are payment operations, (fiat) FX and cards. So they might not perceive you as a direct competitor.
I understand.
See above. „I︂ do not have competitors. I have only potential business partners.” 🙂 (If you convince them that︃ you are bringing some business that is otherwise unreachable for them... why to refuse?)
In EU – no idea. Bank Frick LI, Seba or︅ perhaps Sygnum (but the onboarding there is really not easy) CH; as already advised...
Pretty expectable. With Seba or Sygnum you︇ can expect the same or more.
Well, in such a case you might have only︉ an option to start with some EMI like Nebeus/Zen/Intergiro and move forward later; or to︊ accumulate more capital....
Good shot!
we will be offering fx trading pairs too,physical cards down the line also︅ but will first start with virtual cards
both zen and nebeus have a really bad︆ customer service and ive had my accounts frozen multiple times for days,i would not want︇ to cooperate with such companies
both zen and nebeus have a really bad︆ customer service and ive had my accounts frozen multiple times for days,i would not want︇ to cooperate with such companies
I would recommend Payswix, onboarding is not easy at all but the fees are good. If you have a good history, i would go for Clear Junction
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