Nevis and Wise (EMI)
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5. What currencies you need to operate with?
6. Presuming you want to perform international payments, what are the countries affected? Do you need also local payments somewhere of just SWIFT?
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂
If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...
Live in Philippines.
British.
Ecom.
Need as many currencies as possible. Ideally at least USD, GBP, CAD, AUD
British.
Ecom.
Need as many currencies as possible. Ideally at least USD, GBP, CAD, AUD
The annual volume / turnover expected? 🙂
Anyway, try to speak e.g. with Interpolitan Money.
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂
If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...
You are welcome.
Well, in such a case you can also try e.g. 3smoney.
And ”“ but perhaps as the last resort, as you would suffer from FX ”“ you can always try Verifo. Just beware that although they transact in all currencies that you are asking for (and some more), all the assets are stored in EUR, so 2xFX with any transaction in your case.
To be honest, it is nice to hear that Wise is working well ”“ sometimes 😉.
(I guess that my general attitude to Wise/Revolut is quite known at this forum /if you wonder, look e.g. here If Wise is going to close accounts and is not the best, how diversify the money? / ).
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂
If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...
Yes, true. Sometimes it is exactly so. And Interpolitan Money have a quite high risk appetite, I would say ”“ or does your opinion differ?
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂
If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...
How can I feel safe with Interpolitan? They seem (or at least come across to me) as boutique. Which is fine. But how do I know my funds are safe? The Google reviews look a bit scary.
Well. From what I have researched some time ago, they are ~2 years old re-brand of The Currency Account which was founded 2011; but just re-brand, people are the same. It's an EMI where founder is still the CEO and this guy (Rishi Patel) apparently is not a scammer. I have heard no complaints about funds lost or so and 13 years on the market say something.
They are FCA supervised and this regulator was known as quite tough; although the recent Silverbird case (Silverbird enters administration / liquidation) might show something different.
Frankly, I do not think that Google/Trustpilot/similar reviews should be taken seriously. In general, their validity is close to zero (both positively and negatively biased reviewers who in addition many times do not understand the matter, unclear background of the situation, etc.)
In any case, performing your own due diligence is more than recommendable 🙂
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂
If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...
I have just sent them an email asking for corporate fees: let's wait for their answer.
In addition ”“ if you are interested in banking for St. Kitts & Nevis company ”“ be advised that not so long time ago, Currenxie has begun to onboard St. Kitts & Nevis, too.
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I am just a simple countryman. Anything I say is only a personal opinion, not a certified advice 🙂
If you think it makes sense, you can like it; if opposite, please, tell me, why I am wrong...
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