You won't get an account with your CY company as it is right now and may be the next year or two as they told me in their support.
Look for alternatives like Zen, Revolut, Currenxie and the many other EMI's.
Yes, it's a lot of money to use a service like this! It's mainly when converting from EUR and USD to local currency that they really charge a lot; their exchange rates are extremely poor. But their transaction fees are also just too high.
After reviewing our accounts, I can see that our...
I’ve always laughed when I saw people looking for a cheaper alternative to PayPal because they found its fees too high and thus too expensive for small businesses.
I didn't think they were expensive until I just calculated it. On a revenue of about 200K euros, I paid 38,000 euros in fees...
Congratulations to OffshoreCorpTalk on reaching this impressive milestone of 15 years!
Your dedication to pioneering asset diversification and tax optimization community has clearly made a significant impact. Here's to continued success and innovation in the years ahead.
May the community...