Recent content by ilke

"The account is provided by BrainRock, Member FDIC on behalf of the program manager (a financial technology company- Rev Inc. )." Now that's a new one. 'BrainRock' (like come on - you couldn't even spell the company name) which does not even have a US license has somehow become insured by the...

Yes, you're absolutely right. This step is taken practically only in the most extreme cases - especially seeing stopping all payments and returning all held funds within 2 days in conjunction.

Why do you want to exclude GB IBANs when EUR SEPA transfers are exactly the same there? 3s.money, Bilderlings and Currenxie should all accept a UAE company and provide a GB EUR IBAN that is connected to SEPA.

LatAm market licensed entity also stopped being used (like the Canadian Paxum Inc.) and all was migrated to the Paxum Bank in DO.

Paxum Bank, sold and abandoned by Octav Moise last year - and followingly sold to Postolnikov, might just be in a bit of trouble. Postolnikov, who also provided loans to Trump's Trump Media (when it was preparing to go public) through his trust banked at Paxum, has had his fair share of news in...

I don't think you're right, although I don't want to spread misinformation like you like to do. Swissmoney AG, Bitnuk AG (the ARIF-licensed exchange that is used by Swissmoney) and Swiss Wealth Management AG all share their address with iSun AG. iSun lists itself as a service provider for...

Yes, that's what an EMI is. They have to safeguard the user funds. I don't see how FINMA would be confiscating money from a Lithuanian EMI.

The main license is Foxpay, UAB for Money (Lietuvos bankas EMI license no. 15) Crypto activity is done through Bitnuk, AG - another member of the Swissmoney group. Bitnuk is supervised by the ARIF. The company is most likely, from my dealings with them, Lithuania-based. Consider looking at...

It can be any EMI or bank in the world, but the receiving account name has to be the same as the company you are signing up for (or that institution can accept transfers with incorrect Beneficiary Names, although it is quite unlikely)

Dedicated accounts in real banks. Note that you can only receive local transfers (and SWIFT in USD). Payoneer can functional as a full dedicated account for card, receiving and sending. Keep in mind that it requires the company to have at least 1 existing account at any bank or EMI.

Yes, they do, but USD local sending is not in your name but theirs (receiving account is still in your company name). Accounts are FDIC-insured for US customers. They are pretty unwilling to work with crypto though (in most cases).

Fully non-crypto, especially B2B or, god forbid, C2B crypto exchange. @prepaiddays Have you tried Thread Bank or United Texas Bank? Whether they accept you will depend quite a lot on the state you have your offices in. Maybe Revolut will work since you don't need transactional? Or just reach...

I wouldn't say years because the company does not yet exist for years. This is what I was saying 2 messages above! I also do not believe they can just vaguely state that. Doesn't seem to be. Would be weird for them not to mention that And the last few sections are pure GPT :D I can buy your...

What entity issues the IBANs? I believe this element should be part of the terms as the user will definitely have some responsibilities to follow under the EUR IBAN issuer and the user should be aware of both contracting entities. Why is all content GPT-generated? (including part of the ToS)...

Maybe Jusan Bank or Collect&Pay? Or any of the tens of Russian-owned UK EMIs? smi(&%