List of EMI and Digital Banks

[MrTony]

Has someone any experience with Transact Europe?

 

[JohnLocke]

They look‌ OK, just try to go through their compliance / account opening process.

 

[Spinat]

Does someone‌ know who is behind this company? Is this just another finTech corp which is on‍ trial?

 

[negon]

Forumwise the biggest list and we should add epayments to this list! OP are you‌ still around and could you EDIT this first post or maybe @Admin can?

 

[helmax]

more one emi ConnectPay | Banking made easy

 

[Nyep]

Back when‌ I considered them they were very expensive, relatively speaking. Looks like they still are!

• €250 once + €50/mo for Category 1
• €500 once + €150/mo for Category 2‍
• €750 once + €250/mo for Category 3

Everything else they offer is just as⁠ pricey.

To clarify the categories BS:
• Category 1 = EEA + lower risk.
• Category 2 = EEA + higher risk.
• Category 2 = Non-EEA + lower risk.⁤
• Category 3 = Non-EEA + higher risk .
• Category 3 = ICO activity.⁣

Also they can only receive via SEPA, not SWIFT, though they can send via both.⁢

 

[MrTony]

Does someone use them (ConnectPay) in practice?

 

[MrTony]

Maybe someone can advise EMI which provides debit cards (or other types of cards) for‌ Non-EU legal entities?

 

[ivan1911]

don't know if this goes in this particular thread but here's some info:

contacted both‌ of these providers and asked about information exchange..

CURRENXIE and CRS reporing

Thank you for‍ your interest in our service. We are providing a HK multi-currency account that you can⁠ receive international payments.
We are not part of CRS but our banking partners are so⁤ we need to share information if they request from time to time.

CONNECTPAY and CRS⁣ reporting

Thank you for contact us.
We cannot guarantee to you this information about your⁢ government. It could be some cases, that we must to give all information for other︀ institutions, but just if they contact us. Automatically we do not send any information about︁ our clients to anyone.
You will be able to receive transfers from EU in EUR︂ currency.

So all in all , they will report you if your government asks them︃ for your info but not on their own.. Man it's so hard to get a︄ few bucks below the radar :/

 

[helmax]

i will‌ test thanks

 

[Sofiafia]

I'm also interested in ConnectPay, so please give me all the informations about your experience‌ with them. Thank you a lot.

 

[negon]

It would be nice to keep testimonials here only for particular EMI's! Anyway if someone‌ is going to test ConnectPay it would be great with a review here. I will‍ try to see if this is something I can work with.

 

[MrGoodman]

Has anyone used Bilderlings is a fintech service platform for your business They say, that‌ they provide individual IBANs in USD & EUR for payments inside EU.

 

[Kon Mir]

Do you know any, that will not ask for a Video verification call or selfie‌ through app ?

 

[Harrytinder]

Which Emi has the lowest incoming or receiving SEPA fees? Also, unlike advcash it shouldn't‌ ask for funds to be sent from self bank account as I will be using‍ Skrill or transferwise to send amouny

 

[extremedox101]

transferwise against crypto be⁠ careful when sending to advcash . anyone know if they are in their safe list⁤ ?
skrill dont have personal ibans .

 

[clemens]

Where did you read that‍ or how did you find out?

 

[Harrytinder]

what I understand from advcash support page is that they need to know transfer is‌ happening from your own self bank account. So, how can you transfer funds from transferwise‍ or skrill money transfer as I assume both would be sending money from their business⁠ account

 

[extremedox101]

transferwise is not crypto friendly , check their faq . advcash is known for‍ crypto currencies.
if they find that you buy crypto they close account . but i⁠ think many of ofc have tried this direction but i don't know what happens next⁤ .

 

[extremedox101]

transferwise can make transfer from account on your name , but skrill dont provide personal‌ iban .