Premium Advertising Partner swissmoney

[swissmoney]

Hello everyone,

We’re happy to be part of this community.

At swissmoney, we offer a range of services suited for both private and business accounts, including payment cards, crypto capabilities, and multi-currency accounts.

This thread will keep you updated on all things swissmoney. We encourage open discussions, questions, and sharing of insights. Whether you're a current user, considering our services, or simply interested in the evolving world of fintech, we're here to chat!

Looking forward to great discussions and insights.

 

[Sols]

I'm wary of anything that uses the word "Swiss" in its branding without being genuinely Swiss. By all accounts, this company is Swiss in name and incorporation only. It looks a lot like a Lithuanian company that for some reason went for Swiss SRO registration instead of getting an EMI license or setting up an EMI agent/distributor agreement. You can tell they aren't meaningfully Swiss because they aren't issuing cards through a Swiss bank but through a Lithuanian EMI. A Swiss company that issues cards would do so in partnership with Swissbankers, Viseca, or another Swiss bank.

That doesn't necessarily mean they are bad or unreliable. It's just a pattern I've seen before and had bad experiences with. Being Swiss is to a lot of people perceived as prestigious in financial services.

I look forward to reading other people's experiences. It's possible SwissMoney is fine.

I edited the title of this thread to be less promotional.

 

[JohnnyDoe]

I'm wary of anything that uses the word "Swiss" in its branding

Always beware of anything “Swiss”, no matter its dna. For example see what happened to a notorious “Suisse” bank
There is nothing cool in being Swiss.

 

[jafo]

I'm wary of anything that uses the word "Swiss" in its branding without being genuinely Swiss. By all accounts, this company is Swiss in name and incorporation only. It looks a lot like a Lithuanian company that for some reason went for Swiss SRO registration instead of getting an EMI license or setting up an EMI agent/distributor agreement. You can tell they aren't meaningfully Swiss because they aren't issuing cards through a Swiss bank but through a Lithuanian EMI. A Swiss company that issues cards would do so in partnership with Swissbankers, Viseca, or another Swiss bank.

That doesn't necessarily mean they are bad or unreliable. It's just a pattern I've seen before and had bad experiences with. Being Swiss is to a lot of people perceived as prestigious in financial services.

I look forward to reading other people's experiences. It's possible SwissMoney is fine.

I edited the title of this thread to be less promotional.

There are a lot of companies registered at this address: Metallstrasse 8 6300 Zug

I would proceed with extreme caution.

 

[Martin Everson]

Always beware of anything “Swiss”, no matter its dna. For example see what happened to a notorious “Suisse” bank
There is nothing cool in being Swiss.

lol....don't get me excited

 

[Forester]

@Sols, @Konstanz, @jafo : You performed a perfect and highly valuable investigative work. Thanks and hats off!

 

[z00m]

I can only agree with Forester. Thx @Sols @Konstanz @jafo

 

[csp dubai]

is just mud or we have any prove of it?
wich is their correspoding bank?

 

[IllIlllIII]

Just out of curiousity, e.g. how bad is Swissmoney against MisterTango/Bankera? As for me they look the same.

 

[Clearsky Network]

Just out of curiousity, e.g. how bad is Swissmoney against MisterTango/Bankera? As for me they look the same.

I have only 2 clients using them, so far they only complained about the high fees, but they operate crypto exchanges so no wonder.

Bankera is the worst EMI in my opinion compliance wise, i doubt there can ever be anything worse... But yes they have great fees
Does anyone still use MisterTango?

 

[IllIlllIII]

I have only 2 clients using them, so far they only complained about the high fees, but they operate crypto exchanges so no wonder.

Bankera is the worst EMI in my opinion compliance wise, i doubt there can ever be anything worse... But yes they have great fees
Does anyone still use MisterTango?

I agree regarding Bankera being a complete garbage and must be avoid 100%.

 

[IllIlllIII]

Tried to register with swissmoney without luck. Got stuck on Passport Verification step where for some reason camera couldn't be turned on despite that I tried that process in several browsers/devices.

 

[Kranders]

I was able to register and to be approved in 2 minutes ! 10/10 experience.

@IIIIIIII - did you try it with app or web browser?

 

[Changa]

Hi, all, I also joined today with no problems. I haven't done any transactions yet, but was able to register fast and easy and was approved within 30 minutes.

Fees look to be on the high side though

 

[Sols]

Swissmoney, this isn't how you do advertising. These posts will stay here forever and look like posts you paid for. No one will believe they are genuine reviews.

 

[IllIlllIII]

I was able to register and to be approved in 2 minutes ! 10/10 experience.

@IIIIIIII - did you try it with app or web browser?

I used web app only.

 

[Changa]

Swissmoney, this isn't how you do advertising. These posts will stay here forever and look like posts you paid for. No one will believe they are genuine review

I think its at least a little irresponsible to make that claim as a staff member of this forum without proof, but your assumption is wrong. I'm not in any way connected to them. I registered on their platform though, which was fast and easy, but I found that their fees are too high so I won't be using them.

 

[Kranders]

Exactly as my case Changa

App is very easy to use, fast and simple. However fees are slightly high, but would recommend for anyone to try it

 

[Sols]

I think its at least a little irresponsible to make that claim as a staff member of this forum without proof, but your assumption is wrong. I'm not in any way connected to them. I registered on their platform though, which was fast and easy, but I found that their fees are too high so I won't be using them.

I would've posted the exact same thing even if I wasn't a moderator. I wasn't making any concrete statements, assumptions, or conclusions; just an observation that based on the available information, your posts looks suspicious. It looks like something Swissmoney themselves would pay someone to post. But maybe it's a legitimate review that just happens to almost perfectly coincide with another that also looks a little strange.

 

[Changa]

I would've posted the exact same thing even if I wasn't a moderator. I wasn't making any concrete statements, assumptions, or conclusions; just an observation that based on the available information, your posts looks suspicious. It looks like something Swissmoney themselves would pay someone to post. But maybe it's a legitimate review that just happens to almost perfectly coincide with another that also looks a little strange.

Ok, point taken. I can see how it might have looked.