How to open a payment system account in Emerald24
Main characteristics and experience with the payment system
Cost
2750 USD
Beginning of cooperation
September, 2020
Last contact
July, 2022
Last update
September, 2023
Being professional intermediaries, we are limited in giving public opinion about some financial institutions. Please contact us directly to obtain more detailed feedback.
- It is possible to open individual current accounts in IBAN (GB) format;
- It is possible to open Internet-acquiring bank cards (including non-European), payment solutions for electronic commerce;
- It's possible to carry out SEPA, TARGET2, SWIFT payments;
- No minimum balance requirements;
- Does NOT open accounts for offshore companies, but is possible to open accounts for UAE, Hong Kong, Singapore, Canada, Gibraltar;
- Does not cover financial intermediaries, crowdfunding, forex, crypto or ultra high-risk companies;
- Internet Banking account management with possibility of authorization via SMS and QR code;
- Card issuance possible;
- English speaking staff
Cost
2750 USD
Beginning of cooperation
September, 2020
Last contact
July, 2022
Last update
September, 2023
General information and GSL rating
2019
Year of foundation
UK
Country of license issue
FCA
Regulator
GSL rating
Year of foundation
2019
History
Registered and authorized in the UK in 2019
Personnel
The staff speaks English
Compare payment systems
Minimum requirements
No restrictions
Minimal turnover, €
0
Minimal balance, €
No
Do they work with offshore companies
No
Do they require a substance
Minimal turnover, €
No restrictions
Restrictions by jurisdiction
They do NOT open accounts for offshore companies, but it is possible to open an account for the UAE, Hong Kong, Singapore, Canada, Gibraltar
Restrictions by activity
Not served by financial intermediaries, crowdfunding, forex, crypto and ultra high-risk companies
Restrictions by substance
No
Tariffs and services
60
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0
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1 200
Account maintenance, €/month
0
Acquiring commission
Account opening procedure, €
The entry fee is 1000 EUR
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The fee for the transfer is: 40 EUR for amounts up to 1000 EUR; 50 EUR for amounts from 1000 to 15000 EUR; 60 EUR for amounts from 15000 to 50000 EUR; 80 EUR for amounts from 50000 to 100000 EUR; 120 EUR for amounts over 100000 EUR
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There is no charge for incoming payments
Account maintenance, €/month
The account maintenance fee is 100 EUR per month
Account opening procedure
Account opening terms
Case by case
Possibility of remote account opening
Yes
Business description
Detailed
Types of accounts
Current
Document requirements
Completed bank forms; copy of client's passport; proof of address; standard set of corporate documents
Possibility of remote account opening
It is possible to open an account and be identified remotely. If you wish, you can arrange a personal meeting with the manager
Types of accounts
Current
Chances to open an account
Predictable
Business description (text description)
Requirements for the description of standard activities: a story about the current state of the business and its formation, disclosure of the source of funds, biography of the beneficiary of the account and contact information
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