EMI for BVI

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Mmkm

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Nov 14, 2021
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Hello
Is it impossible to find any EMI bank who want to accept a BVI cooperate company?
 
May work well‌ for most use. Have to apply for an account with them anytime soon.

Are they‍ crypto friendly ?
 
Be advised that – AFAIK – they are relatively slow in processing the applications now‍ (at least since summer)...
$5000 worth question 😉
In their Acceptable Use Policy – Acceptable Use Policy HK | Airwallex – they claim
****
What you cannot do without our approval (Restricted Activities)

Without our approval,⁠ you may not use our Services for the following businesses or to support transactions which⁤ involve the following:

– cryptocurrencies or virtual currencies;
– etc.
****
(BVI companies are now⁣ onboarded by Airwallex HK, not by Airwallex UK as it was in the past.)

I have no personal experience with this, I must say. Just guessing – as HK environment,⁢ especially banks, is IMO not crypto friendly, I would estimate chances to obtain such an︀ approval as low.
But you can give it a try 🙂

(BTW, Airwallex HK fees are︁ remarkably higher than Airwallex UK fees, as I can see – if I have understood︂ correctly. Interesting.)
 
ECCOMBX , have openned for a few clients with BVI, Seychelles, US LLCs.
I can‌ do the introduction for anyone interested.
 
I somehow forget‌ to mention – another HK EMIs like Statrys and Currenxie onboard BVI companies, too. Airwallex‍ is perhaps used more frequently but especially Statrys is worth checking, too. (Currenxie does not⁠ isuue cards and is strongly anti-crypto, Statrys gives you a card and do not declare⁤ to refuse crypto-related operations – but I have no personal experience in it.)
 
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