Bank account for UK LTD

[negon]

Why would you send a second card to another address or a third card? and‌ what will happen with the first card if they send it to a shelf company‍ address in the EU?

 

[wexport]

You could easily use some EMI to open account.

What kind of business are you‌ in ?

 

[JohnSeed]

Yeah why not find some EMI's to open accounts with to sort this out?

 

[Suzy Emerald]

Very brave I must say: still banking in Latvia / with Rietumu.

 

[CaLViN]

Well,
we are developing mobile applications.I dont want EMIs.We already have paysera account but i‌ want a real solid bank account.
Actually,we have been using Rietumu since⁠ 2009 under different companies.All of them have been shut down but we were able to⁤ use for 3-4 years of period.
We have never lost money.We had blocks,KYC investigations and⁣ many other compliance questions.
I have a 15 years of offshore experience and from what⁢ i have learned i believe that if you have real business to show banks,you never︀ have issues.

 

[JohnLocke]

I can only second that. First‍ time I had troubles was with an EMI to say the name, mister tango. Else⁠ I never faced any issues with the banks so far.

 

[CaLViN]

Well,there are some banks/EMIs which are not trustable but⁠ mosf of the time it is up to you.
If you have an Island company⁤ with a 5. world director and use another island bank,dont expect a future for your⁣ business.

 

[rowena]

Since you're in the mobile app business, I assume you're receiving money from directly Apple‌ or Google and you can use EMIs without issues. Don't make it complicated, just use‍ trustable EMI like Transferwise. I didn't have any issues and so far received several million⁠ USD with them.

 

[moneyrequired]

I read very bad opinions about Rietumu. Could anyone confirm or disagree with this?

What kind of blocks, KYC and compliance was? Could you share more details? For how⁠ long they blocked your account and how offen? Do you received money from multiple sources?⁤

 

[CaLViN]

Well,this is another topic but i can say that KYC might take even up to‌ 6 months.
You should always have your documents ready as they might ask questions whenever‍ they want. 🙂)

 

[GlobalConsult]

You know that the deposits are 100% secured with EMI and only up to 100k‌ with banks?!

Where are the director/shareholder/administrator/UBO resident?

 

[iloveyouguys]

Hey, @CaLViN could I ask you a few questions? This is off-topic but I'd appreciate‌ it if you can help.
- Do you pay taxes in the UK?
- How‍ do you handle the accounting/filing?
- Any suggestion on how to set up a UK⁠ company? (I'm just starting out and trying to keep costs down)

 

[CaLViN]

Hello,
yes we do pay taxes but we lower them to the minimum.
There are‌ some ways to do it.You should consult with an accountant for details.
You can use‍ one of the consultants here if you are new to the offshore business.

 

[traveller79]

If one wants to open a real bank account for UK company outside UK, what‌ kind of experiences you have lately? Success somewhere?

 

[Gediminas]

Hey,

What is the business you do? I mean, what kind of consultations do you‌ provide?

What is the monthly volume for your business operations?

What would be the countries‍ for in/out transactions?

What is your citizenship and tax residency country?

 

[Addler]

Hey,
Technical consultancy for construction industry.
New set up, law monthly volumes.

Countries We are‌ selling services are mainly the Uae and middle east

 

[Gediminas]

I would then suggest you register at Bankera.

We have a very good relationship with‌ them, so I could help you with the registration, in case you need it.

 

[Fulton Abraham Sanchez]

It's possible to establish an bank account in Antigua without the necessity of travel

 

[JohnLocke]

Did you try with some of the many other EMI's like Wise, Intergiro and so‌ on ?

 

[Vediovis]

Revolut makes problems. Intergiro doesn't accept new customers. Wise can be a choice, but there's‌ a fee.