Intergiro - do you have an account with them?

[Tomson prest]

Hello,

I noticed that there is a lot of talk about this EMI "Intergiro", so I did some research and found that they accept crypto business.
So I want to know (for those who already have an account with them), do they really accept crypto business? I do not mean to send and receive from the exchanges only. I mean the receive/send from individuals and companies for selling cryptocurrencies to them.
Do they ask about every transfer and supporting documents? Or about only payments with high amounts?
Are there other EMIs better solutions than them?
Is there anyone here who can help to get an account with them?

Thanks,

 

[bubbledouble]

They accept normal crypto transfers not crypto exchange businesses as far as I have been‌ informed.
Ask them directly that may make more sense.

you can try with bankera!

 

[Tomson prest]

Bankera is not good for me they are very strict also⁠ their prices are very high.

 

[Willblack]

Intergiro ask for a ton⁢ of compliance and they do not accept crypto businesses. Ask me how I know, haha.︀ Bankera is expensive AF with their absolutely moronic account application fees in addition to high︁ transfer fees. You can try some local banks, depending on your country of incorporation.

 

[Tomson prest]

Thank you for your feedback,
Yes bankera is madness, very high fees and very strict, i didn't know about Intergiro. But⁤ what do you mean by "a ton of compliance" you mean when you receive payments⁣ or in the process of opening the account?
Local banks like what? because in Lithuania⁢ there are not local banks crypto friendly.
Please any names in your mind?

 

[Jorozey]

I tried in 2021 to open a business account for my crypto desk with them,‌ I was rejected, but I wasn't surprised haha

EMIs do not work for such crypto‍ businesses. You need crypto friendly prime banks with corporate account.

 

[benbao]

Intergiro is very solid but only interested in low maintenance and "unsuspicious" businesses.

 

[Houdini]

Have been long time around with them, never had issues.

 

[Tomson prest]

For crypto businesses?

Like what please? you said for your crypto desk, please any names⁣ of a good banks for crypto?

 

[Jorozey]

Of course, I'm not saying they're bad. It's just that when we‍ mentioned to them what amounts would mostly be transferred, they decided that we belong to⁠ the high-risk group
Barclays, DBS, OCBC⁣

*Note that we do not deal with crypto exchanges, we have our own source of⁢ liquidity.

 

[Tomson prest]

Anyone can help*????

 

[uplana]

There is no way that a crypto business can use an EMI like Intergiro, Wise‌ or Revolut - find a bank for instant in Switzerland if you have the money‍ to do proper setup.

 

[Tomson prest]

Hey @uplana , please what do⁠ you mean? I have a company in Lithuania do you think i can get a⁤ bank in Switzerland?
Also, can you help with that? if you can help please send⁣ me PM

 

[Buratino]

Tried to open business accounts 2 times and failed both times.

 

[Tomson prest]

For crypto??

 

[Buratino]

for fiat

 

[Tomson prest]

No, i mean is your business model selling‌ crypto for fiat??

 

[Buratino]

for such company and for "normal EU" company - failed both times, hope you will‌ be more lucky

 

[Willblack]

Lithuania is probably one of⁣ the top 3 easiest countries to open a crypto-friendly account...You have at least 10 EMIs/Banks⁢ to chose from.
And by "a ton of compliance" I mean they ask you for︀ any and every god forsaken document you can think of to support every sentence of︁ you application.

 

[Forester]

If you have a licensed crypto business (i.e. licensed⁤ exchange or so), then the answer is yes. Otherwise it is a strict no.
So you need a licence, see above.
They ask only when really necessary. They are not idiots (my own experience).
It depends on your︂ needs. What are the currencies you need to operate with and what are the destinations︃ for incoming and outgoing payments?
Me - if you have a︅ licensed crypto company.
If you can prove some ties to Switzerland (business operations, Swiss customers︈ etc.) then relatively easily. Otherwise you need really a remarkable amount of money to put︉ at the banker's table.