I know they're not a scam, I was wondering if anyone could share anything about their approval process, how long does it take etc. They said 5 days but it has been 5 days already an the account hasn't been approved or denied yet.
To be honest with you, they mainly focus on Chinese companies. Their main business model is accepting USD payments form Amazon and pay out CNY in China. The process is quite manual as the banks need to check the import/export documents as China has currency control in effect and you cannot freely transfer money in and out of China. As a result, the advertised rates are normally higher than what competitors in the US/UK market tend to offer. As 90% of their business is Chinese companies, I would not necessarily expect anything rapid in your special case. Not many people are willing to pay that much fees. Just remember, in Germany there are banks offering FX at 0.1% and less. I think only @Commodus is using them:
www.offshorecorptalk.com
True! I agree with this 100%!To be honest with you, they mainly focus on Chinese companies. Their main business model is accepting USD payments form Amazon and pay out CNY in China. The process is quite manual as the banks need to check the import/export documents as China has currency control in effect and you cannot freely transfer money in and out of China. As a result, the advertised rates are normally higher than what competitors in the US/UK market tend to offer. As 90% of their business is Chinese companies, I would not necessarily expect anything rapid in your special case. Not many people are willing to pay that much fees. Just remember, in Germany there are banks offering FX at 0.1% and less. I think only @Commodus is using them:
"Lianlian Global" EMI that works with the biggest banks?
Hi guys! I have been using lianlianglobal for small transactions ($5-$10k) with my US LLC for over a year now without problems. I would like to use them for more and larger transactions but it seems like nobody knows about them, so that makes me hesitant. Them seem to be a Chinese company...
You can read some reviews here:
as expected, they are mainly in Chinese and talk about the high fees.
uses them in his WFOEs. According to this AFF, if you want to get approved fast, use a WFOE. The fees are somewhat "high," but with the competition of crypto, (Lian)² is more than happy to"accommodate" the people who feed them, aka., their customers. 
Also, IYKYK! 
