EUR Banking / EMI for US LLC?
- Thread starter bigbite100
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So Zen, Currenxie and Revolut dont open accounts for US LLCs I think. Mercury does, but as you mentioned only supports USD.
3S Money I dont know. So that leaves Airwallex and Wise.
Id add Levro to the list of EMIs where a US LLC can open an account and which supports multicurrency/EUR.
3S Money I dont know. So that leaves Airwallex and Wise.
Id add Levro to the list of EMIs where a US LLC can open an account and which supports multicurrency/EUR.
Generally, you can find various options for a US LLC in discussions here US neo-banks List [For Non-Residents LLCs] and here Mercury, TryNovel, or something else?
For a EUR account, I am not sure – just check 🙂. (3S Money give EUR account, I think.)
For a EUR account, I am not sure – just check 🙂. (3S Money give EUR account, I think.)
I'm reaching out again to explore alternative options for opening a euro bank account for my non-resident LLC. I attempted Revolut, but they don't facilitate accounts for non-residents, and Airwallex proved challenging during the application process.
Do you have any experience with Walter or 3S Money? Alternatively, I'd appreciate any recommendations for euro bank accounts suitable for non-resident LLCs.
Do you have any experience with Walter or 3S Money? Alternatively, I'd appreciate any recommendations for euro bank accounts suitable for non-resident LLCs.
Wallter are a bunch of crooks and stealing money from accounts as they please. Their bank statements are based on a 1995 excel file. Good luck with doing anything with them, dont touch them with a bargepole.
https://www.lb.lt/en/news/bank-of-lithuania-imposed-a-fine-of-eu280-thousand-on-wallter-uab
and they dont learn....
https://www.lb.lt/en/news/wallter-u...ection-and-provision-of-incorrect-information
3s money great
airwallex great
as in they are real companies adhering by the regulations set.
oh and if anyone got problems with an emi in lithuania, just raise a complaint with the regulator, that will sort things out
https://www.lb.lt/en/news/bank-of-lithuania-imposed-a-fine-of-eu280-thousand-on-wallter-uab
and they dont learn....
https://www.lb.lt/en/news/wallter-u...ection-and-provision-of-incorrect-information
3s money great
airwallex great
as in they are real companies adhering by the regulations set.
oh and if anyone got problems with an emi in lithuania, just raise a complaint with the regulator, that will sort things out
Excuse me, how did you decide that Clearsky is related to Wallter or any other EMI at all?? I suggest to do︀ your research before making false accusations.
Wallter may not be suitable for everyone and its︁ ok, they are high risk oriented and open accounts quickly for complicated companies and problematic︂ jurisdictions (experience of many years working with them).
There was a question which EMI opens︃ account for a US company - I know wallter does and contributed my knowledge to︄ the Forum. Every person should make his own research before trusting his money to any︅ financial institution.
Wallter may not be suitable for everyone and its︁ ok, they are high risk oriented and open accounts quickly for complicated companies and problematic︂ jurisdictions (experience of many years working with them).
There was a question which EMI opens︃ account for a US company - I know wallter does and contributed my knowledge to︄ the Forum. Every person should make his own research before trusting his money to any︅ financial institution.
so based on the research from the actual central bank of Lithuania - wallter is a no go as they already received two fines - and you still recommend them - buyer beware
have a nice day
in 2020
“The company not only held client funds in an improper manner, but also concealed this fact by providing factually inaccurate information to the Bank of Lithuania. These are two serious legislative infringements.
More: https://www.lb.lt/en/news/wallter-u...ection-and-provision-of-incorrect-information
in 2021
The institution had not always identified its customers and their representatives properly
- and -
In addition, in the period under inspection, the institution had not ensured independence of the︀ internal control function, which is responsible for the organisation of the prevention of money laundering︁ and terrorist financing, from business interests.
More: https://www.lb.lt/en/news/bank-of-lithuania-imposed-a-fine-of-eu280-thousand-on-wallter-uab
have a nice day
in 2020
“The company not only held client funds in an improper manner, but also concealed this fact by providing factually inaccurate information to the Bank of Lithuania. These are two serious legislative infringements.
More: https://www.lb.lt/en/news/wallter-u...ection-and-provision-of-incorrect-information
in 2021
The institution had not always identified its customers and their representatives properly
- and -
In addition, in the period under inspection, the institution had not ensured independence of the︀ internal control function, which is responsible for the organisation of the prevention of money laundering︁ and terrorist financing, from business interests.
More: https://www.lb.lt/en/news/bank-of-lithuania-imposed-a-fine-of-eu280-thousand-on-wallter-uab
Wallter is︀ not the only EMI that got fined, there are tons of others and they are︁ still recommended on the forum. Even Revolut got fined... so?
Wallter asks for payment to be settled as soon as they are pre-approving the application. Its their internal policy to the best of my knowledge.
They are not cheap and not perfect but definitely one of the oldest EMIs.
They are not cheap and not perfect but definitely one of the oldest EMIs.
But 500€ for an account opening with an EMI that has nothing to offer that is better than Revolut or Wise ? why would anyone do that?
I assume this is the EMI right - https://wallter.com/
I assume this is the EMI right - https://wallter.com/
Any those aimed at high risk business. The major ones for the general public offer this free of charge. Competition is fairly high and there are many to chose from.
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