EMI or Bank called Unlimit

[AdH]

Does anyone know or have worked with a banking entity or emi called Unlimit ?? They seems to be joined also to Unlimit Bass.
They says they have 11 locations in Europe, Africa, India, etc... with head office in London. Offer Iban Accounts, White Cards, etc.
Thanks in advance

 

[Forester]

A Cypriot EMI. Seems not to⁤ be cheap. No personal experience.
Can you share what do you need? What is your⁣ goal?

 

[SkyWallet]

Do they provide services for individuals?⁤

 

[Sols]

They used to be called Cardpay and focused on payment processing. At some point they‌ rebranded to Unlimint.

Cardpay/Unlimint is Russian and most of their clientele is Russian/CIS as well.‍ Aside from that customer segment, they mainly service desperate clients that can't struggle even with⁠ other high-risk EMIs.

Their products and services are mediocre. There are better options, but there⁤ are worse.

 

[Forester]

As far as I‌ understand, no. (But you can ask them. They seem to be accustomed to tailor-made solutions.)‍

 

[AdH]

To be honest, I have tried‍ to contact them, and it was impossible... I never got an answer....

 

[SkyWallet]

Seems to be its not a reliable‍ EMI without good support.

 

[AdH]

I am looking‍ for a client of us, for an institution who permit our client, to:
- open⁠ IBAN accounts
- to receive payments with cards and transfers
- to have the possibility⁤ to issue debit cards, with their brand
- all in one platform

 

[Clearsky Network]

I know them as PSP and they are pretty good. As for EMI, never used‌ thus cant comment

 

[AdH]

Could you please, let me kow,‍ how to contact with them??
Kind regards in advance!

 

[Clearsky Network]

get in touch with them via contact form - Contact Unlimit with your payment questions
They are usually responsive

 

[stronco]

IMO they are a Russian laundromat with idiotic kyc questionnaire. The on-boarding team is clueless‌ and ended up rejecting a legit and clean EU based business (which holds bank accounts‍ at several mainstream banks/emis).

 

[curiousmarv]

They have their purpose and they work.

I know a distant friend who needed a‌ Cypriot IBAN for his business and only could open it remotely and it had to‍ be quick. His only options were Bank of Cyprus IBU (they can open remote) and⁠ Unlimit.

I think he paid in total 700€ to open quick and remotely with Unlimit⁤ and it was worth it for him. I think monthly costs are also in the⁣ 50-80€ per month range. As other people say Unlimit is not super good nor super⁢ bad. They are legit.

 

[forward]

So far, transactions larger than 10k - it works. I'll provide updates if any issues‌ arise.

 

[avalanche]

Same here

 

[EliasIT]

How many of such transactions have you done?
only by contact form / e-mail or also by‍ phone ?

 

[avalanche]

Just contact form. If they answer‍ via phone but ignore the contact form, what sort of reliability I can expect in⁠ the future? 😀

 

[hs9k]

Very good EMI. Able to make 6 figures transactions in SEPA. Good support with personal‌ manager. You need to be introduced to open account. It was free in my case,‍ but it's a private contact that I'm not able to share.
Personal account fee is⁠ 10 eur per month, also fees per transaction.
Afaik you can't open personal account without⁤ introduction, maybe for company account chances are higher.

 

[alpakiwi]

I know the founder quite well, and Unlimit is very reliable. It's actually a bank‌ with proper banking license, not an EMI

 

[Sols]

Unlimit is an‍ EMI in Cyprus and UK, and IIRC has a couple of similar licenses in other⁠ parts of the world (PSP license in Tanzania).

Where is Unlimit's bank license issued?