Banking options for a UK LTD

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• Jul 28, 2021

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What are the banking & EMI options for a UK LTD?
It is a legitimate business having an account with Wise, but some international banks refuse to send money to Wise accounts. We are therefore looking for alternatives.
I have heard about Bankera which apparently has high fees.
Any other suggestions please?

 

uplana

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#2

• Jul 29, 2021

• #2

Intergiro is an option, so there are tons of other EMI's that works well.

Inside mentor group gold there is a resource section with some really great EMI's and lists.
https://www.offshorecorptalk.com/resources/

 

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A

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#3

• Jul 29, 2021

• #3

uplana said:

Intergiro is an option, so there are tons of other EMI's that works well.

Inside mentor group gold there is a resource section with some really great EMI's and lists.
https://www.offshorecorptalk.com/resources/

Click to expand...

Thanks for the advise.

 

A

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#4

• Jul 29, 2021

• #4

uplana said:

Intergiro is an option, so there are tons of other EMI's that works well.

Inside mentor group gold there is a resource section with some really great EMI's and lists.
https://www.offshorecorptalk.com/resources/

Click to expand...

Thanks for the advise.

 

F

fshore

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#5

• Jul 29, 2021

• #5

Addler said:

What are the banking & EMI options for a UK LTD?
It is a legitimate business having an account with Wise, but some international banks refuse to send money to Wise accounts. We are therefore looking for alternatives.
I have heard about Bankera which apparently has high fees.
Any other suggestions please?

Click to expand...

What international banks refuse to send to Wise accounts? And do they refuse usd, eur, gbp, or all accounts?

 

A

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• Jul 29, 2021

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fshore said:

What international banks refuse to send to Wise accounts? And do they refuse usd, eur, gbp, or all accounts?

Click to expand...

I have come across a Mauritius bank and they refuse to send money to EMIs in any currency!

 

erni

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Jul 30, 2021

#7

• Jul 30, 2021

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Addler said:

I have come across a Mauritius bank and they refuse to send money to EMIs in any currency!

Click to expand...

An offshore bank that refuse to send to an EMI ! I would say it is more an exception then a general policy for the banks.

Anyway, it could be to protect them self in Mauritius from troubles.

 

A

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• Jul 30, 2021

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erni said:

An offshore bank that refuse to send to an EMI ! I would say it is more an exception then a general policy for the banks.

Anyway, it could be to protect them self in Mauritius from troubles.

Click to expand...

Yes that seems like the reason. Any other suggestions please?

 

A

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#9

• Aug 4, 2021

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I have figured out that the bank has a certain list of banks & swift codes they work with, and does not send money to any Swift code. The list does not include EMIs generally with some exceptions as I understand.
How it works is that I need to check each time on a case basis with the payee bank name and swift code.
Any suggestions of an EMI with Iban and Swift Code, please?
Thanks a lot

 

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csp dubai

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Aug 4, 2021

#10

• Aug 4, 2021

• #10

they not want to send to emi beacuse they not have a sepa gateway , and correspondent bank refuse to do it manually thats the reson

 

A

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#11

• Aug 4, 2021

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The problem is that our client works with a

csp dubai said:

they not want to send to emi beacuse they not have a sepa gateway , and correspondent bank refuse to do it manually thats the reson

Click to expand...

Yes could be, but SEPA is for EUR only. What about the USD or other currencies?
Thanks

 

uplana

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#12

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Have you looked at this list
https://www.offshorecorptalk.com/th...rocessors-and-btc-to-fiat-institutions.25398/
there are so many EMI's there - you can even find more and better in the resource section of mentor group gold !

 

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