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JohnnyDoe

Schrödinger's guy
Elite Member
Dec 6, 2021
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https://altery.com/
UK based EMI
In addition to IOS and Android app they offer a Telegram based account opening system. I tried it and all went smooth, nice idea and a first for me.
 
FYI, their audited accounts filed at the companies house show a tiny turnover and huge losses of 4mln pounds for 2023.
On the other hand, they are publishing their financials directly on their webpages. It counts. Very rare, if not unique among EMIs (some banks do it).
 
Account approved, I got a Eur GB IBAN with SEOUGB21. For USD you don’t get a personal account but you must send to Altery’s omnibus.
Crypto is accepted, but:

“Please note that after your first crypto transaction, SWIFT and Faster Paymentsservices will no longer be available. All other services will continue to work as usual.”
 
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I don’t know yet, waiting for KYC approval then I will test it
I see that their company was incorporated in 2009, and I found this about their founder (no issue for nationality). If possible, please tell me about your experience.
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You never know what the future holds. And it seems a bit different than the usual ones.
I opened one after seeing the post from @JohnnyDoe and the verification came through in a similar timescale. Always good to have a few options in the back pocket. I've experienced ContoMobile, Bankera, iCard, Flow etc and all have a finite time of operation. I am also becoming more tiresome of the tedious Revolut hoops I have to jump through to just get a transfer executed when they decide the transaction is 'suspicious'. Tempted to leave them before (as someone else said) my loyalty is rewarded with a closure!
 
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