good evening, I have an unlicensed Forex company in Saint Vincent and Grenadines and I would like to know if there are banks that open accounts for this type of business. I already have accounts, but banks are never enough
The jurisdiction or license is not the main issue. Even if you run a business in an unregulated jurisdiction, you should still comply with regulations.
I am experiencing a lot of issues with EU and UK banks even for the companies registered in the EEA that are not a subject of regulation and licensing.
A lot of street banks stopped onboarding corporate clients. Other street banks do not provide the service required for the business needs of the companies. High street banks have now a lot of compliance requirements even for low and medium-risk businesses and are really crazy when it comes to the review of the applications.