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LeuPay.EU - Review please is it a good offshore bank?

#303
INTERNATIONALOFF, please tell me if it's ok for me to open Leupay, I mean I don't know anything about these things, I just want a euro account with a debit card 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
 
#304
W4rhol said:
If you have a UK company you can use the following EMI : fire.com who have the cheapest fee when you receive payment, but for the fees of the debit card it's pretty the same as other EMI.

You can see the fees over there : fire.com - Fire Business Fees

I do not have any commercial interest with them. I use that EMI since almost 3 years now and never get one single problem with them. They are regulated in Ireland and they have a very good Customer Service. I already put more than 50K euros with them. So they are safe and professionnal.
Click to expand...
ok thank you, and what about Leupay?
 
#305
eros said:
INTERNATIONALOFF, please tell me if it's ok for me to open Leupay, I mean I don't know anything about these things, I just want a euro account with a debit card 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
Click to expand...
Yes, Leupay can be a good choice.
 
#306
Internationaloff said:
Yes, Leupay can be a good choice.
Click to expand...
Thank you, I also had a look at fire.com and I know it's not a lot but they do charge 0.40 £ every debit card transaction and I think either 0.2 or 0.4 £ every time you receive a bank transfer...but I have one doubt, like in my case, what would Leupay benefit from having me as account holder? Basically everything I'd do, according to their fees Pdf, is free, so you think they'll still open the account for me?
 
#307
LeuPay open accounts for almost anyone, so it's not a problem as long as your business activity is accepted.
 
#309
lol how do you expect someone to tell you if they will block your account or not. It depends on many factors. If all is nice and legit no one will block your account.
 
#317
blizz said:
lol how do you expect someone to tell you if they will block your account or not. It depends on many factors. If all is nice and legit no one will block your account.
Click to expand...
Lol yes I know but there are a few people on here saying that they shut down the account even if documents are provided, that's why I was asking
 
#318
I believe they are good for small amounts. You withdraw your money often and don't keep anything in there, so it may be a good alternative.
 
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