How to open a payment system account in Pay Limit
Main characteristics and experience with the payment system
Cost
2750 USD
Beginning of cooperation
December, 2021
Last contact
September, 2023
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.
- Regulated by FCA (Great Britain);
- Current account can be opened;
- Open accounts for all European jurisdictions (including partnerships (LP) and limited liability partnerships (LLP)), as well as UAE (legalisation not required), Gibraltar, Singapore, Hong Kong, and many other jurisdictions;
- Do NOT open accounts for classic offshore companies;
- They accept clients of any risk level from various business spheres: wholesale trade, logistics, medicine, etc.;
- Internet acquiring of bank cards (after integration with MasterCard) will start working soon; currently it is possible to open accounts for accepting funds that the client has processed on other platforms (e.g. stripe, etc.);
- SEPA and direct SWIFT for payments in EUR, USD, RUB, CNY;
- Pesonal IBAN;
- Russian-speaking staff
Cost
2750 USD
Beginning of cooperation
December, 2021
Last contact
September, 2023
Last update
September, 2023
General information and GSL rating
2017
Year of foundation
UK
Country of license issue
FCA
Regulator
GSL rating
Year of foundation
2017
History
Foundation in 2017
Personnel
There are Russian-speaking staff
Payment system owners
Private company
Compare payment systems
Minimum requirements
No restrictions
Minimal turnover, €
0
Minimal balance, €
No
Do they work with offshore companies
—
Do they require a substance
Minimal turnover, €
No restrictions
Restrictions by jurisdiction
Do not open accounts for classic offshore companies
Restrictions by activity
They accept clients of any risk level from various business spheres: wholesale trade, logistics, medicine, etc.
Tariffs and services
N/A
Array
N/A
Array
N/A
Account maintenance, €/month
—
Acquiring commission
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 undergo identification remotely. If you wish, you can organise a personal meeting with a manager
Types of accounts
Current
Chances to open an account
Predictable
Business description (text description)
The requirements to the description of the activity are standard: a story about the current state of the business and its formation, disclosure of the source of origin of funds, biography of the account beneficiary and contact information
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