Question EMI for a Czech Republic VASP company

[CashCommander]

Hi Guys ,

I have a CZ VASP company established in may 2024 , looking for a SEPA solution that is not Clear Junction , do you have any ideas ?

Thanks a lot.

 

[Shories]

CashCommander said:
Hi Guys ,

I have a CZ VASP company established in may 2024 , looking for a SEPA solution that is not Clear Junction , do you have any ideas ?

Thanks a lot.
Click to expand...

Try:
- https://www.bankingcircle.com/
- https://www.bcbgroup.com/
- https://www.modulrfinance.com/

 

[ilke]

Shories said:
Try:
- https://www.bankingcircle.com/
- https://www.bcbgroup.com/
- https://www.modulrfinance.com/
Click to expand...

BCIR is for really large scale, and the other 2 will probably look for around 8-figures in yearly transactions too. Otherwise, all 3 of these solutions are very effective for clearing.

I think a few of the general high-ish risk EMIs could work, like Wallter, PayDo, Monetley, GuruPay, etc. but it varies case to case. There are introducer services available for VASPs as well.

In general, it will also depend on the skills of the MLRO, if there is Czech substance, if you're using the VASP for high risk activities like payment processing, and much more.

CashCommander said:
that is not Clear Junction
Click to expand...

What specifically is the isuse with CLJU?

Last edited: Nov 11, 2024