Easiest bank account for EU company with CEO\ben in CIS country (for Kickstarter)

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ML1

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Sep 15, 2019
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Hi guys

Wanna hear your opinion what are the best&cheapest places (like UK company and some bank\EMI) to open bank account for EU company aimed exclusively for Kickstarter project (physical elecroniсs)?
Ben and director will be from sanctioned CIS country.
Previously I had positive experience with Paysera, Bankera, some CZ banks, even UBS but that was looong ago.
What are the options now?
 
Not a suggestion, but if anything isn't working for you, just go for St. Kitts banks. Alternatively, you can go with China EMI, or you can try Cyprus EMI, but be prepared for the costs.
 
You don't have much of options for your setup. Look for EMI's like Airwallex and maybe Wise can open accounts for you.

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What is the jurisdiction of incorporation?

Does the owner have an EU residence permit?
 
UK company with a beneficiary from Russia/Belarus?

I think banks may actually be more benevolent than EMIs - most EMIs will just straight reject difficult cases while many European banks (like Raiffeisen) still do a lot of business in Russia.
The easiest will probably be outside of EU in one of the former Soviet countries like Georgia, Kyrgyzstan etc. Or if you have an existing relationship with a bank, try there.
 
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