Segregated Client Account needs for EMI Companies

[Dauren]

We are one step away from obtaining an EMI license in Lithuania. A segregated bank account in Europe is urgently needed. Maybe someone knows the best banks with which we could cooperate? we need accounts in euros and pounds. has anyone had this experience? Thank you

 

[Martin Everson]

For GBP you can use ClearBank in UK. But unless you passport your license to UK and meet their other criteria's then its a no go.

https://www.clear.bank/
Otherwise use Onpex platform for EUR, GBP plus many more currencies and be done with looking around for banks. Reading the details on client fund segregation from a provider is more important than directly building a relationship with an entity with a banking license.

https://www.onpex.com/

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[Dauren]

Martin Everson said:
For GBP you can use ClearBank in UK. But unless you passport your license to UK and meet their other criteria's then its a no go.

https://www.clear.bank/
Otherwise use Onpex platform for EUR, GBP plus many more currencies and be done with looking around for banks. Reading the details on client fund segregation from a provider is more important than directly building a relationship with an entity with a banking license.

https://www.onpex.com/
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Thank you that is really helps.