First of all NEAT has just HKD. And yes, you can find tons of bad reviews. I have an account but I'm not using it.Haven't heard good reviews about Neat, but never experienced myself either. If the purpose is to receive payments from ecommerce and then transfer to another account and pay suppliers, you can go for Worldfirst, my customers have always been satisfied by their services.
You mean they are taking "high risk clients"?Because client is up to no good.
Support for volume processing for clients up to no good
I put it just below Euro Pacific Bank in ranking.
This morning I've got the email they launched the USD account - a small step but nice.First of all NEAT has just HKD. And yes, you can find tons of bad reviews. I have an account but I'm not using it.
I could agree but for some clients it's normal rates, actually when deals are more than 500k, Currenxie is going to close accounts because it exceeds their risk, the same does TW (in our case).Maybe I'm missing something here. Why someone should use such an expensive service? What do they offer so precious? It's like the last choice when you have already tried all the traditional banks and EMI and you have no way out or what? Really, I'm curious..
PS. Which bank do they have behind?
Currenxie has the 500k limit? They didn't mention nothing like this to me. (Neat has clear the limit in the account).I could agree but for some clients it's normal rates, actually when deals are more than 500k, Currenxie is going to close accounts because it exceeds their risk, the same does TW (in our case).
As they said in our case - yes.Currenxie has the 500k limit? They didn't mention nothing like this to me. (Neat has clear the limit in the account).
To be honest they told me just if you have a turnover of 50/100k$/month, they can ask lower fees. But they didn't mention limits at all.As they said in our case - yes.
May be for others their limit allows millions turnover.
Fast. Few days and I had it approved. No call, nothing.Has anyone had more experience with Neat for newly incorporated HK companies? Main concern is timing of due dilligence until acceptance of the company
Appreciate that, thanks!Fast. Few days and I had it approved. No call, nothing.
From our company Neat asked a video call with the director =(Fast. Few days and I had it approved. No call, nothing.
Ohhh so it really depends on the case or business involved.From our company Neat asked a video call with the director =(
I don't know, but I will try with DBS Singapore. I know it sounds weird but as far as I understood (and read): 1. HK banks usually wants a link with China and/or a physical presence. 2. Banking system is less solid than in SG due to the massive lending (in real estate but not only).If Neat is used to open a company and an account does anyone know if DBS would open a business account in HK for the company or you need to be resident?
https://www.dbs.com.hk/sme/day-to-day/accounts/business-account
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