Hi guys, I am new here and... apologies if I am in the wrong thread etc etc I want to ask you something explaining my situation:
I have a Ltd company in the Uk, which is a travel agency basically, and I receive payments from Europe, I mean bank transfers, and I need a debit card issued in Euros to buy flight tickets for these people coming over to visit the Uk. I tried all the traditional banks, RBS, BoS, tsb, clydesdale, hsbc, barclays etc etc and they charge from 6 to 10 £ every time you receive a bank transfer over 100 Euros, which is crazy! Moreover not one provides a euro debit card which I need to buy flights for my customers. Just now I have a sterling business account with Barclays and also a euro business account with Barclays, they are ok, the only problem is that when I receive euros on my euro account I exchange them with a broker and transfer into pounds on the sterling account but then I have to use the sterling debit card to buy tickets.
Doing that I loose a lot of money with the 2% transaction fee of the sterling debit card coz I buy from European websites...so when I saw Leupay I thought that it is my solution as I can open euro and sterling business accounts, have 2 debit cards, one in euros and one in pounds, get bank transfers on my euro account without paying commissions for receiving money, use my debit card online without paying anything, I will never put money on the accounts using cards etc, I'll never withdraw, the money will always be there to make flights and pay expenses with the 2 debit cards and that's it... every single trip is invoiced so I don't have any problems or stories about trying to avoid taxes, I love paying my taxes in the Uk and yeah I forgot that every year I'll transfer the dividends from the Leupay sterling account to my personal account with Hsbc in the UK and pay taxes on my dividends. So my question to you and I have seen that Internationaloff knows a lot about Leupay, is : what you think? Is it the best solution for my situation?
Thanks a lot and sorry again if I posted my story in a wrong place lol
I have a Ltd company in the Uk, which is a travel agency basically, and I receive payments from Europe, I mean bank transfers, and I need a debit card issued in Euros to buy flight tickets for these people coming over to visit the Uk. I tried all the traditional banks, RBS, BoS, tsb, clydesdale, hsbc, barclays etc etc and they charge from 6 to 10 £ every time you receive a bank transfer over 100 Euros, which is crazy! Moreover not one provides a euro debit card which I need to buy flights for my customers. Just now I have a sterling business account with Barclays and also a euro business account with Barclays, they are ok, the only problem is that when I receive euros on my euro account I exchange them with a broker and transfer into pounds on the sterling account but then I have to use the sterling debit card to buy tickets.
Doing that I loose a lot of money with the 2% transaction fee of the sterling debit card coz I buy from European websites...so when I saw Leupay I thought that it is my solution as I can open euro and sterling business accounts, have 2 debit cards, one in euros and one in pounds, get bank transfers on my euro account without paying commissions for receiving money, use my debit card online without paying anything, I will never put money on the accounts using cards etc, I'll never withdraw, the money will always be there to make flights and pay expenses with the 2 debit cards and that's it... every single trip is invoiced so I don't have any problems or stories about trying to avoid taxes, I love paying my taxes in the Uk and yeah I forgot that every year I'll transfer the dividends from the Leupay sterling account to my personal account with Hsbc in the UK and pay taxes on my dividends. So my question to you and I have seen that Internationaloff knows a lot about Leupay, is : what you think? Is it the best solution for my situation?
Thanks a lot and sorry again if I posted my story in a wrong place lol
