Company based in Russia looking for alternatives to Payoneer, (Transfer)Wise, etc

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MessageInABottle

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Aug 25, 2021
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Hello!
Im an individual entrepreneur registered in Russia. Until now we have been using Payoneer‌ to receive and send business related funds via SEPA / SWIFT.
Now there is a‍ new law in Russia that forced many payment providers / banks to audit users or⁠ ban them.
What other alternatives could you suggest me?
Already known: Bankera, Neat, airwallex, nium,⁤ Worldpay, Currenxie, paydo, paynexpay, safenetpay, paysera,

many of these might be not as good as⁣ some other.
Open to any suggestion.

Stay healthy
 
Can you give more info regarding that law? I would like to look into it‌ because I can read russian.
 
This was the message from payoneer. also the account was blocked (we provieded everything they‌ needed, yet its takes now over 3 weeks and will go on until september 12th‍ I suppose 🙂 )
"
Thank you for getting paid with Payoneer.

Due to changes in⁠ local Russian regulations, we are required to disable several features of our platform for Russian⁤ residents.

This means that as of September 12, 2021, you will no longer be able⁣ to:
send payments to other Payoneer users or recipient bank accounts (domestic or international)
manage the currencies you’ve received and transfer them between your account balances
pay your VAT obligations⁢ with your earnings from marketplaces and other foreign initiators
After September 12, you will still︀ be able to:
receive payments from foreign companies and marketplaces as you do today
have your earnings automatically withdrawn to your local bank account daily
Please note that we are︁ only able to automatically withdraw your funds to your bank account if your bank is︂ located in Russia.

To allow your continued use of Payoneer’s services, please make sure that︃ your bank account in Russia is registered with your Payoneer Account no later than September︄ 1. Unfortunately, if you do not connect a Russian bank account, we will not be︅ able to process any future payments."

Transferwise blocked the account right away.
Currently registering with︆ other FinTechs.

Law (RUS): (Новость) Изменения валютного законодательства с 1 июля 2021: использование иностранных электронных︇ кошельков (электронных средств платежа) при проведении валютных операций
 
What is the outcome of your research if your don't mind to tell about it‌ please?
 
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