GSL / VP Limit

How to open a payment system account in VP Limit

Main characteristics and experience with the payment system
Cost
2750 USD
Beginning of cooperation
April, 2025
Last contact
July, 2025
Last update
July, 2025

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 multi-currency and crypto-fiat accounts for individuals and businesses;
  • It is possible to make payments in USD, EUR, JPY, CNY, AUD, NZD, HKD, CHF, GBP, CAD;
  • No minimum balance requirements;
  • It is possible to open an account for offshore companies, however, there is a list of countries for which an account is not opened (check with a consultant);
  • Incoming transactions - 0 USD; outgoing transactions - 2.5% (minimum 70 USD); internal transfers - free;
  • Internet banking in English;
  • The staff communicates in English
Cost
2750 USD
Beginning of cooperation
April, 2025
Last contact
July, 2025
Last update
July, 2025
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General information and GSL rating

2019
Year of foundation
Hong-Kong
Country of license issue
HKMA
Regulator
GSL rating
Year of foundation
2019
History
Licensed since 2019
Personnel
The staff speaks English
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    Minimum requirements

    No restrictions
    Minimal turnover, €
    0
    Minimal balance, €
    Yes
    Do they work with offshore companies
    Do they require a substance
    Minimal turnover, €
    No restrictions
    Restrictions by jurisdiction
    There is a list of jurisdictions that we do not work with (check with a consultant)

    Tariffs and services

    60
    Array
    0
    Array
    43
    Account maintenance, €/month
    Acquiring commission
    Account opening procedure, €
    Account opening fee - USD 1 000
    Array
    The transfer fee is 2,5% (minimum USD 70)
    Array
    There is no fee for incoming transfers
    Account maintenance, €/month
    Monthly account maintenance fee - USD 50

    Account opening procedure

    Account opening terms
    Case by case
    Possibility of remote account opening
    Yes
    Business description
    Detailed
    Types of accounts
    Personal; Corporate; Current
    Document requirements
    Standard set of corporate documents; passport of the beneficiary/director/representative; power of attorney to act on behalf of the company; bank statement for the last 6 months; confirmation of the company's address, etc.
    Possibility of remote account opening
    It is possible to open an account and undergo identification remotely
    Types of accounts
    Personal; Corporate; Current
    Chances to open an account
    Predictable
    Business description (text description)
    The requirements for the description of the activity are standard: a story about the current state of the business and its development, disclosure of the source of funds, biography of the account beneficiary and contact information
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