I need an extra account for my Switzerland AG for banking?

[JimBeam]

We opened bank account for our UAE company couple years ago with them (CIM).

I remember they we had to deposit $10k and if they open the account - it's‌ deposited into the account - if not they will return the funds.
This is great‍ way for them to block all kind of small companies that don't have $10k funds.⁠

Don't remember exact opening fees, maybe couple hundred, but their KYC was complex (especially for⁤ us as a foreign company) so we had to send them signed documents 4-5 times⁣ using DHL.
The procedure took 1-2 months or so.

 

[Forester]

Nothing remarkable, IIRC. They wanted min. 10000 CHF initial deposit (if account is‌ opened) and insisted on a company substance (an office & some employee, IIRC). But it‍ was ~ 2 years ago, so worth re-checking.

 

[EliasIT]

I will check with CIM Bank and if they are willing to open an account‌ for us.

 

[Marshal]

Any feedback or reviews about Fiat24? Are they‌ worth attention? Can't find much info about them.

 

[jafo]

Awesome! Especially for large amounts (>7 figures)!

 

[JackAlabama]

looked into it.

-
its overly shitcoiny which is‍ a red flag for a boomer like me.
Low overall coverage.
The people involved on⁠ the company level are not really known (those who do appear on public filing at⁤ least).

+
they have own swift code
finma regulated as a bank (doesnt mean much⁣ bc they are highly incompetent) but at least the company gets stuff done and seems⁢ effective with the regulators.
the idea seems good tho (i do engage in shitcoins occasionally︀ to not let my boomer mentality explode into the stratosphere).

 

[lory]

If someone find a good & valid bank please post here. In need of the‌ same for my Swiss AG

 

[JackAlabama]

why does your local agent‍ not help you with this?
They should at least know someone at a bank ideally⁠ in the zone youve incorporated where you can try your luck as a plus you⁤ will get "introduced".

 

[JohnLocke]

Sometimes difficult if you have an agent that has no connection because⁠ he is hiding behind a screen.

 

[Forester]

Have you tested it personally?
Generally, they seem quite interesting...

 

[jafo]

Yes.

 

[JackAlabama]

thats great to know. So they manage to operate‌ without much scrutiny and scandal as of now.
Pls everyone here dont jinx it 😉

 

[Clearsky Network]

Klarpay is more like a bank than EMI.‍ Great fees, crypto friendly. Its not suitable for every business as the onboarding stage is⁠ hard and very long. If the business is legit and you have patience for lengthy⁤ onboarding its by far the best solution.