Bank account for UK LTD

[Dubsize]

Hi All,

what's the best juridiction to open a bank account for a U.K LTD? or the best EMI?
For info - i'm not a U.K citizen nor Resident. I am french.
this account would receive 1 wire a month from a U.S company and money would come from their U.S bank account. The amount of this wire is flexible (from 3k to 20k) as it's for consultancy and introducing services.

thanks !

 

[Martin Everson]

Transferwise

You don't need a bank just to receive money in 2018.

 

[cyprus123]

I made extremely good experience with PAYSERA. Very fast, reliable, never had any problems with‌ dozens of accounts.

 

[JohnLocke]

You may open an EMI account for instant with Mister Tango to receive that monthly‌ payment! There is no need to go through the hassle of opening a bank account‍ for your business.

 

[Dubsize]

Guys,
thank you for all the contribution - so Indeed, I will go for an‌ EMI.
Now, let say I decide to open a personal bank account in the same‍ EMI to get salary + dividend from this U.K company - that wouldn't be a⁠ problem right ?

 

[cyprus123]

That's not a problem. Anyway it's better to open 2 or 3 accounts to spread‌ a bit..

 

[Dubsize]

Oh and another question - the country I will give them for registration is not‌ the country I live in.
Therefore, will they send the debit card only to the‍ country I gave them for registration or they have no problem sending the debit card⁠ to another country?

 

[Dubsize]

got it - thanks!

 

[cyprus123]

Usually they send the debit card anywhere, depends on the EMI of course. Just try‌ it.

 

[Samuel Newman]

Leupay sends cards anywhere as I know

 

[mrau]

But I heard MT only works with⁠ SEPA payments and no longer accepts SWIFT transfers (the OP said the wire would come⁤ from the US)

 

[Samuel Newman]

Revolut or MyPos shall work great with UK company
also, both give UK IBAN

MyPos will send cards anywhere

 

[mrau]

Hi Samuel. Does MyPos serve‍ customers in South America or only in EU/EEA? Is the IBAN able to receive SWIFTs⁠ in USD?

 

[David97255]

For business‌ they send to the registered company adress

 

[Samuel Newman]

Unfortunately, they accept‍ only EU companies
They have no USD for now

 

[Samuel Newman]

My clients received cards in Serbia, India and Ukraine as I know (maybe first card might‌ be received on registered address)

 

[David97255]

Ok interesting, will‍ check for after the first card order. I mostly set up only UK LTD's but⁠ tried so many times to get the cards in another adress and was not accepted⁤ because they use it at proof of address ( or the card or the letter⁣ with the code )

 

[Samuel Newman]

it is for⁤ first card order only, try to order more

 

[negon]

How can it be first cards order only when you say they ship‌ to India (which is not EU) Ukraine etc. and that's all different accounts I believe?‍ Or what is it you mean by that? sounds a little bit strange.

 

[Samuel Newman]

they send first card to the registered address, it's like a proof of address⁤ for them
but second, third... etc. can be send anywhere