EMI to withdraw from Payoneer

[Mike75]

I have €200K blocked on my Payoneer account for my UK Ltd company, and I am a non-EEA resident. Unfortunately, my Wise account was recently blocked, and Revolut doesn't accept non-EEA residents.
Does anyone have recommendations for a EMIs that can help me withdraw these funds, given my non-EEA status? Your help would be much appreciated!

 

[bountymounty]

Try Airwallex and Zen - I'm not a fan of any of them but people‌ around here tend to find them suitable for most trash business.

 

[Alexmorgan]

Seems Airwallex is something to be considered everyone here talking about it

 

[apres777]

Airwallex is definitely one of the better EMIs out there. You can try onboarding with‌ them but they are not the biggest fans of UK LTDs so to speak. Prepare‍ some paperwork regarding the incoming transfer, Airwallex will definitely ask for documents with that amount⁠ of incoming transfer. (especially for a "new account")

 

[Alexmorgan]

Does it⁤ work like Wise?

 

[diatessaron]

Currenxie is your go to. Airwallex is a good suggestion also but I've found them‌ to be a bit more difficult when opening an account.

 

[yngmind]

Why you can't withdraw it to your personal account?

 

[Mike75]

Thanks for the suggestions! We actually tried Airwallex and Zen, but our application was⁠ rejected just a few minutes after submitting it.
It seems challenging to find a neobank⁤ that accepts non-EEA residents for a UK-based IT consulting company. Do you have any other⁣ recommendations or alternatives that might work in this situation?

Payoneer only allows business funds to be withdrawn to a bank︈ account that belongs to the company itself, not a personal account.
I can only add︉ a business bank account that matches the company name for withdrawals.

 

[Alex Braun]

add a UK nominee to your UK company, and try︀ to open a classy bank account... then you know what to do