Virtual IBAN

[russelw65]

Hello all,

Nexpay are closing personal accounts so I need a new virtual IBAN.

All I use it for is transferring trading profits into, before then transferring out to a prepaid card.

Any suggestions for good virtual IBAN providers?

Thanks all

 

[Martin Everson]

What sort of trading?

Whats wrong with standard EMI with a card?

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

 

[russelw65]

Trading stocks mainly.

So, trading stocks -> virtual IBAN -> pre-paid card.

 

[cardbit]

have you tired ibandirect, for an iban?

 

[russelw65]

cardbit said:
have you tired ibandirect, for an iban?
Click to expand...

Thanks - I used these guys before and had a mixed experience

 

[Martin Everson]

russelw65 said:
So, trading stocks -> virtual IBAN -> pre-paid card.
Click to expand...

So whats wrong with Wise or any EMI for that matter? Maybe your telling the full story of your needs as any EMI with an iban in your name or company name would do.

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

 

[russelw65]

Martin Everson said:
So whats wrong with Wise or any EMI for that matter? Maybe your telling the full story of your needs as any EMI with an iban in your name or company name would do.
Click to expand...

Fair comment. I will give the FULL picture.

Trading stocks in Malta. Malta resident but UK citizenship.

The need - to transfer out profits from trading account onto a pre-paid card for general day-to-day spending. I also do not want an EMI that is constantly asking for KYC/documents/PoF. I do not transfer much (<5k per month on average). I understand that EVERY bank/EMI etc asks questions and has compliance, but it is how regularly they do this. (some do not care, some ask for proof of everything!). I also do not want UK EMI's for tax reasons. Also, even better if they do not ask TIN! 🙂

I used to use Nexpay as my IBAN (trading -> Nexpay -> card) but now I cannot.

 

[Martin Everson]

Nothing comes to minds right now 😕.

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

 

[Forester]

For your use-case ”“ try Verifo, Blackcatcard or maybe Zen.com (with their cards, no need for an additional card ”“ but you can use it if you like).

Toggle signature
--------------------------------------------------------------------------------------------------------------------------------------

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...