Payswix

[JohnnyDoe]

Can anyone tell me something about Payswix?

I just received an email from them approving my account, but I don’t remember why and when I applied for one
So I am wondering what I can do with it

 

[Don]

Its GlobalNetInt. They had some problems not long ago - On June 25, 2021, the Bank of Lithuania announced that it had fined GNI €350,000 for systematic violations of money laundering guidelines and local financial laws, as well as other offenses, following an audit of the e-Money Institution

 

[boomy]

So they are worth nothing to proceed with?

 

[Don]

So they are worth nothing to proceed with?

Depends on your activities. They are known to serve high-risk clients involved in forex, gambling & P**N and provide SWIFT, which is not the case with many Lithuanian EMI-s. There are tons of options. I would lean on using the ones that have a higher market share and are more reputable.

 

[boomy]

Okay, so they are in high risk, that's interesting. Have they operated 100% during their entire live cycles ?

 

[aage]

would like to know this too?

 

[JohnnyDoe]

Do they even have an internet banking? I can’t find the login. They just sent me my account details (iban)

 

[Giorgiogori]

Have anybody noticed that trying to open an account at Converta redirects to Payswix ?