EMI Provider for Canadian Company?

[Rebuttal]

Looking for an EMI that can provide as many of the following solutions as possible:

- IBAN, SEPA transfers
- ACH, USD account
- Decent currency conversion
- Mass Payments (Batch upload)

Having some trouble with PaySera. Transferwise Borderless, Worldfirst are not options. Seems the majority of the industry only serves businesses within Europe.

Cheers

 

[Martin Everson]

Try www.paxum.com they are Canadian or try their Dominica bank www.paxumbank.com

 

[Rebuttal]

Paxum.com seems to only allow for transfers between Paxum users, which is pretty‌ useless to me.

In terms of Paxumbank, they appear to offer what I am looking‍ for. However, they have terrible reviews. Any thoughts on this:

https://ca.trustpilot.com/review/paxum.com
It appears they are⁠ constantly freezing accounts + funds.

 

[Martin Everson]

btw what is the trouble‌ you are having?

Have you also been through all EMI's listed in the below thread?‍

https://www.offshorecorptalk.com/th...rocessors-and-btc-to-fiat-institutions.25398/

 

[Spinat]

Does PaxumBank has to report (CRS) as any of the other banks around?

 

[Martin Everson]

Dominica starts reporting under CRS from September 2020 I believe.

 

[Artemis Eleutheria]

http://www.ebury.ca/https://www.currenciesdirect.com/en/info/terms-of-use/canada

 

[JohnLocke]

How much would you trust this operation if it comes to your money‌ and say 50K euro in savings?

 

[Martin Everson]

Not 50k worth of trust.

 

[JohnLocke]

Thank you it says‌ all.