Initial Bankera fees for newly incorporated company in Cyprus

[KScyprus]

Gediminas said:
La differenza è che Bankera applica procedure di conformità più rigorose all'inizio (durante l'onboarding), mentre altre istituzioni finanziarie tendono ad applicarle in una fase successiva, quando inizi a ricevere transazioni. Quindi, se Bankera ha rifiutato la tua domanda, non sorprenderti se Trustcom e Genome inizieranno a interrogarti su tutto in un secondo momento.
Click to expand...

For now I have received many inquiries from Genome and everything went smoothly.

Bankera didn't ask me for much information. They withdrew to decide and after a few days they said a sharp no.

Maybe I'm out of luck. But given the high commissions I paid to Bankera I was expecting another kind of attitude from them.

 

[Liberta]

Is there a bank (credit would be appreciate to expand business) outside of EUSSR crypto friendly for a UK LLP ? please Many thank
please don't give Bankera cause I have a bad feeling for some how.

 

[Jabbar]

KScyprus said:
For now I have received many inquiries from Genome and everything went smoothly.

Bankera didn't ask me for much information. They withdrew to decide and after a few days they said a sharp no.

Maybe I'm out of luck. But given the high commissions I paid to Bankera I was expecting another kind of attitude from them.
Click to expand...

Hello could I ask you where did you finally open your bank account for CY company?

 

[KScyprus]

Jabbar said:
Hello could I ask you where did you finally open your bank account for CY company?
Click to expand...

Boc

 

[Jabbar]

KScyprus said:
Boc
Click to expand...

bank of cyprus?
how did you do that? With some help from local lawyers?

I have applied for Helenic Bank account in November but they are still reviewing my application.
I see you had been in similar situation.
When you were waiting for a decision from the bank of cyprus, have you managed to open a reasonable account in emi in a meantime?

Last edited: Jan 17, 2022

 

[CyprusLawyer101]

Jabbar said:
bank of cyprus?
how did you do that? With some help from local lawyers?

I have applied for Helenic Bank account in November but they are still reviewing my application.
I see you had been in similar situation.
When you were waiting for a decision from the bank of cyprus, have you managed to open a reasonable account in emi in a meantime?
Click to expand...

Hi Jabbar,
Sometimes Hellenic takes a little long time to review applications, so the fact that they are delaying dors not necessarily mean you wont get approved.

 

[flashbang]

KScyprus said:
For now I have received many inquiries from Genome and everything went smoothly.

Bankera didn't ask me for much information. They withdrew to decide and after a few days they said a sharp no.

Maybe I'm out of luck. But given the high commissions I paid to Bankera I was expecting another kind of attitude from them.
Click to expand...

How was Genome for you ?

 

[erni]

flashbang said:
How was Genome for you ?
Click to expand...

for me they work fine... no issues. if it's possible to open with BoC you want to do that. I was a customer of theirs some years ago before everything changed. I was satisfied, really good and fast service including wire transfers.

 

[Gjrwings]

erni said:
for me they work fine... no issues. if it's possible to open with BoC you want to do that. I was a customer of theirs some years ago before everything changed. I was satisfied, really good and fast service including wire transfers.
Click to expand...

I am surprised that @KScyprus you were able to open with BOC, they opened my account for a non profit and then closed it once my first legit donation came in and said they don't deal with high-risk business. Most banks in Cyprus wouldnt even go past the initial sentence that I was a nonprofit registered with the registrar in Cyprus. It was a brick wall, I have just been waiting over two months for Hellenic and yesterday was told that they have declined the account 🙁 (I believe the reason was something to do with one of my donators received income from Bitcoin.)

 

[Gjrwings]

Gjrwings said:
I am surprised that @KScyprus you were able to open with BOC, they opened my account for a non profit and then closed it once my first legit donation came in and said they don't deal with high-risk business. Most banks in Cyprus wouldnt even go past the initial sentence that I was a nonprofit registered with the registrar in Cyprus. It was a brick wall, I have just been waiting over two months for Hellenic and yesterday was told that they have declined the account 🙁 (I believe the reason was something to do with one of my donators received income from Bitcoin.)
Click to expand...

I'm now trying with Bankera - worried they will take the fee and decline.

 

[Gediminas]

Gjrwings said:
I'm now trying with Bankera - worried they will take the fee and decline.
Click to expand...

I could do a pre-approval for you. Drop me an email.

Toggle signature
https://locked.money - Your Crypto Management Company, Ready in Days ”“ Trade, Invoice, $1,200/Year!

 

[Gjrwings]

Gediminas said:
I could do a pre-approval for you. Drop me an email.
Click to expand...

Thanks Gediminas, I emailed you